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How Long Will It Take To Sell My Home In Tampa Bay?

If you haven’t been paying attention to Tampa’s once declining real estate market you may be surprised to know how things have changed since last year.

Recently, Realtor.com released a list of metro markets with the lowest median age of homes currently listed.  As you’ll see, the Tampa, St. Petersburg market is ranked as number two in the entire U.S. for lowest days on market, at 43 days. This is down 61.95% from just one year ago.  See homes for sale in Tampa Bay here

TampaSt. Petersburg also ranks high among major U.S. markets, based on their average return on investment for rental properties, according to a new study from HomeVestors of America Inc.  10 metros with fast-moving real estate - Inman News

 

 

 

 

 

 

Meanwhile, Aol Real Estate reported the Naples real estate market has one of the slowest-moving markets with the highest median age of inventory, 153 days — a 5.5 percent rise from July 2010.

What does this mean?  Investors, retires and first time homebuyers are swooping in to purchase the deals of a lifetime. 

Have you seen a change in the market? If so, we’d love to hear your thoughts.

Thinking about selling? Find out what your home is worth in today’s market.

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Written by Rae Catanese, Realtor

Licensed Realtor since 2002, Tampa Bay’s own Rae Catanese regularly gives expert advice and insider tips about the Tampa Bay real estate market via her blog, The Tampa Real Estate Insider. If you are thinking of buying or selling a home in the Tampa, St. Petersburg or Clearwater areas-then this blog is for you. I typically post articles once a week. To make sure you don’t miss my newest posts, you can subscribe here! Have a real estate question? Email me here!

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