Real Estate Market Update for November 2016

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.

Real Estate Market Update Hillsborough County November 2016

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