Here’s what you need to know.
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We’re back today with a quick market update for you all. The May 2019 numbers are in and they’re fantastic. We had 3,889 closed sales, which is a record number of closings here in Tampa and up 5.2% from last May. Home prices, meanwhile, are up 2.3% from last year and are just shy of the previous market high. We’re still in a seller’s market for homes under $500,000. Above that threshold, however, we’re in more of a buyer’s market.
Here you can take a look below at all the May stats regarding the number of sales, closed sales prices, and inventory:
If you have any questions about your specific market or about the market in general, don’t hesitate to give us a call or send us an email. We look forward to hearing from you soon.