Real Estate Market

Featured Listing

Featured Listing

For Sale: $259,900

More Information

Tampa FL Market Trends

January 2018 Market Statistics

Take a look at how many folks bought homes in our market over the past year… 

Tampa Real Estate Market Report - January 2018

Hillsborough County real estate sales statistics for January 2018 show the number of homes sold decreased by 7.5%.  The average sales price increased by 13.3% to $268,392. The median sales price increased by 13.2% for the month, and market times remained consistant.

Hillsborough
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times
January 2018 1,475 $268,392 $215,000 49
January 2017
1,595 $236,924 $190,000 49





Pasco County real estate sales statistics for January 2018 show the number of homes sold increased by 1.8%.  The average sales price increased by 12.2% to $189,560. The median sales price increased by 7.7% for the month, while market times decreased by11 days.

Pasco
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times
January 2018
849 $189,560 $162,150 52
January 2017 834 $168,883 $150,500 63





Pinellas County real estate sales statistics for January 2018 show the number of homes sold decreased by 10.8%.  The average sales price increased by 10.1% to $273,038. The median sales price increased by 14.9% for the month, while market times decreased by 3 days.

Pinellas
County
Homes
Sold
Average
Sales Price
Median
Sales Price
Average
Market Times
January 2018
1,417 $273,038 $204,750 59
January 2017
1,588 $247,936 $178,250 62





For the latest Tampa FL real estate market conditions, please call me at 813-728-3880 or visit TampaRealtyNow.com.

Stand Out to Sellers with a Mortgage Loan Pre-Approval

Across the country right now, the number of buyers seeking homes far outnumbers the number of homes available.  Because of this, the housing market is super competitive and buyers often need to do something to stand out.  One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

Even in a less competitive market, knowing your budget will give you security of knowing if a home is within your reach.

One of the many advantages of working with a local real estate professional is that many have relationships with lenders who will be able to help you with this process.  Once you have chosen a lender, you will need to fill out their loan application and provide them with vital information regarding your credit, debt, work history, down payment and residential history.

There are 4 Cs that aid in determining the amount you will be qualified to borrow:

-          Capacity: Your current and future ability to make payments.

-          Capital or cash reserves: The money, savings, and investments you have that can be sold quickly for cash.

-          Collateral: The home or type of home that you want to purchase.

-          Credit: Your history of paying bills and other debts on time.

 

Getting pre-approved not only shows sellers you are serious, but also speeds up the process of completing the purchase once your offer has been accepted.

Many people overestimate the down payment and credit scores needed to qualify for a mortgage.  If you are ready to buy, you may find yourself pleasantly surprised at what you can afford!

How to Negtiage for the Best Deal

The 50-20-30 Rule Creating a Budget You Can Live With

Why You Should Hire a Realtor

Make Your Home More Desirable to Buyers In 2018!

With new trends endlessly popping up, it can be challenging to decide what home design projects are worth your time and money.  It will serve you well to research what trends are timeless and what trends have gone by the wayside before investing in updating your home, especially if you are getting ready to put it on the market.  To simplify that process for you, here is a list of five of the hottest home design projects for 2018!

 - Vibrant Color Schemes: While neutral colors such as beige and gray are still trendy, bright colors are making a comeback!  Consider creating an accent wall or using colorful accessories to give your room a splash of brightness.

 - Minimalist Furniture: Keeping it simple and elegant is the way to go in 2018. Less is more and furniture with clean lines and easy to care for finishes will please the minimalist in everyone.

 - Quartz.  It looks like quartz is a trend that is here to stay, and for good reasons. Quartz stands the test of time, looks fabulous and is easy to maintain. Quartz countertops  show well and will impress potential buyers. 

 - Metallic Accents: These shiny accents are a hot décor trend that will continue in 2018. But be careful not to overdo it!  Give rooms a luxurious look by  adding a few metallic accents here and there.

These are just a few of many home design trends that can make your home more desirable to homebuyers this year!

Modern or Contemporary How to Tell the Difference

Selling a Home with Pets

Deal Breakers for Home Buyers

Share This Page

Contact Information

Photo of Linda and Craig Nowicke Real Estate
Linda and Craig Nowicke
RE/MAX ACR Elite Group
14823 N. Dale Mabry
Tampa FL 33618
Linda: 813-728-3880
Craig: 813-675-5030
Fax: 813-961-6016

Linda Nowicke reviews