New Tampa Homes Sales 8/1 – 9/16/2009

Mid August through mid September were good for property sales in New Tampa. The number of closed sales kept it’s trend line going higher. The number of homes on the market also kept declining and is now down to about 11 months of active listings. One year ago the number of homes for sale on the market were 25% higher than today. Here are the numbers by community;

TAMPA PALMS:    15 sales

Of  the 15, 3 were short sales, 1 was new from  Woodside Homes and 12 were regular sellers not distressed sales.

HUNTERS GREEN:  10 sales

There was only 1 bank owned sale and the balance were regular sellers.

ARBOR GREEN:  11 sales

2 were short sales, 1 bank owned, 1 new town home and 7 regular sellers.

LIVE OAK:  2 sales

1 sale bank owned and 1 short sale. Live Oak has been hit hardest in this down turn.

SEVEN OAKS:  13 sales

2 were new from Standard Pacific, 1 bank owned, 7 short sales and 3 regular sales. Seven Oaks has also been hit hard but because of it’s location and builders it has maintained sales numbers and is getting rid of pre-foreclosed property faster.

MEADOW POINTE:  26 sales

12 were short sales, 3 bank owned and 9 regular sellers. Meadow Pointe has been able to turn over more short sales then other master planned communities because of it’s pricing, most of it can be financed used FHA loans.

GRAND HAMPTON:  10 sales

5 were short sales, 2 bank owned, 2 new from builder, 1 regular seller. This community will struggle with foreclosures and vacant lots.

PEBBLE CREEK:  2 sales

1 bank owned and 1 regular seller.

West Meadows:  9 sales

2 short sales, 2 bank owned  and 5 regular sellers.

RICHMOND PLACE:  3 sales

1 short sale, 1 bank owned and 1 regular seller.