I believe it is important to know the local real estate market if you are planning to buy or sell a home. That is why each month I research real estate statistics specifically for single family homes in Hillsborough county. Contact us if you have questions regarding the local real estate market or would like to get a custom market analysis specifically for your home. See the data for April 2015 below on our market report spreadsheet. We can break these numbers down specifically for your neighborhood. Click here for custom market analysis for your home.
The average sale price for April 2015 had a large increase of 10.7% for Hillsborough county when compared to sales last year! The average sale price in April 2015 was $242,246.
Active inventory for the month of April decreased 3.8%, when compared to last year, to a total of 5,421 homes. Inventory remained relatively unchanged from last month. Hillsborough county’s Sellers Market continues with the Months Supply of Inventory dropping to 3.9. Sellers are in a great position!
The number of closed monthly sales for single family homes in Hillsborough County has increased 20.25% compared to last year. In April 2014 a total of 1368 homes sold and in April 2015 there were 1645 homes sold.