Recent home sales show Tampa Bay prices stabilizing

The seeds of an eventual Tampa Bay area housing recovery could lurk in an April report that showed home sales rising for the eighth consecutive month. After two years of nearly incessant monthly depreciation, home prices have stabilized in the past four months. The January-to-April pricing trend has people wondering if a real estate market bottom is finally solidifying. The median sales price of a single-family home in the Tampa Bay area stood at $135,200 in April. It had been as low as $122,400 in January and as high as $135,800 in March. But the month-by-month price plunges of 2008 appear to have ceased.

Click here to enter the Tampa Realtors MLS (updated daily)
Register to receive an email every morning of today's new listings
Visit my website or contact me by email