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While there hasn't been that big of a change in just Hillsborough County FL if you look at all of Florida and compare to the same time period last year you can see why prices have escalated at the rate they have. Based on Stellar MLS, we are down 16,000 listings in the same month last year, down 23,000 pending sales, and down 17,500 homes sold. The number of buyers in the market trying to buy what is available has skyrocketed as there are 8 people moving to Florida for every one person leaving the state. This month so far as compared to last month in the same time frame. Hillsborough County FL is pretty flat when comparing stats. Last month in the first 10 days of the month there were 1120 new listings and this month so far we have 1225. Last month there were 1021 homes sold and so far we have 1014 homes sold in June. The most alarming stat is Cumulative Days on market has gone from 27 days down to 18 days!!!!!! That means there has been a significant increase in cash offers, waived inspections, and waived apraisals. ...

Nancy & Rick

Monsipapa

Realtors - Fireside Real Estate

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Nancy & Rick

Monsipapa