It is definitely a sellers market in Hillsborough County for November 2016. The average sale price for single family homes increased 13% from this time last year to $279,000. Inventory levels dropped even further to 2.9 months supply, this is one of the causes in the price increase. There is a lot of speculation that 2017 will remain a sellers market and that the shift into a buyers market will not occur until 2018 or 2019. If you would like a more detailed analysis for your home don’t hesitate to reach out to us.
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