NEW TAMPA SALES FOR MAY 2010

SALES were done a little from April numbers, but April was a very good month due to the first time buyer credit of $8,000.00.

MAY SALES NUMBERS

TAMPA PALMS:  8 sales, 2 were new from Standard Pacific, 3 were preforeclosure short sales and 3 normal regular sellers.

HUNTERS GREEN: 3 sales, 2 bank owned, 1 regular seller.

ARBOR GREENE: 9 sales, 1 new from Lennar, 1 bank owned, 1 corporate owned, 2 preforeclosure short sales and 4 regular sellers. Arbor Greene has been the best selling subdivision in New Tampa this year.

CORY LAKE ISLES:  6 sales, 3 preforeclosure short sales, 3 regular sellers. Cory Lake also had it’s highest dollar per square foot sale this year at $181.00 per square foot on 17953 Cachet Isle.

HERITAGE ISLES:  8 sales, 1 bank owned, 4 regular and 3 preforeclosure short sales.

CROSS CREEK AND EASTON PARK: 6 sales, 4 new in Easton Park, one bank owned in Cross Creek and regular seller in Cross Creek. The average new home in Easton Park is running about $75.00 per sq. ft. and with a conservation lot and more upgrades about $95.00 per sq. ft.

PEBBLE CREEK:  one sale, Pebble Creek has been the hardest hit by new construction in Live Oaks and Easton Park.

RICHMOND PLACE:  4 sales, and regular sellers. There haven’t been many sales in Richmond at all this year, so this is the best month for the subdivision.

WEST MEADOWS: 1 sale, regular seller.

GRAND HAMPTONS: 9 sales, 2 new homes, from Minto and Standard Pacific, 1 bank owned, 3 regular and 3 preforeclosure short sales.

LIVE OAKS: 3 sales, all bank owned.

MEADOW POINTE:  18 SALES, always the leader,  1 bank owned, 2 preforeclosure, 15 regular and one new. Nesselwood is the only village now where new homes are built.

SEVEN OAKS:  4 sales all preforeclosure short sales.

COUNRY WALK: The best month for Country Walk  this year. 8 sales, 4 new, 3 preforeclosure and 1 regular.

May sales were good, June closing should also be good. But all bets are off after that if unemployment numbers don’t start to go down.

If you have questions email me at HOMENET@GTE.NET