Tampa, Florida – Home Prices are Seeing Double Digit Increases

Tampa’s 20 miles of beaches along the Gulf of Mexico are some of the best in the country, with an average high temperature of 83 degrees. Ideally located, Tampa is so close to St. Petersburg and Clearwater, it’s three cities in one. Old Seminole Heights and Tampa Palms are two of the most popular neighborhoods for potential buyers.

Recreation is abundant in Tampa, housing some of Florida’s best golf courses, and Busch Gardens Theme Park. The Florida Aquarium features fresh and saltwater displays as well as a Coral Reefs gallery. The city also houses one of the country’s most historic places still in use, the Tampa Theatre a member of the League of Historic American Theatres.

With its relaxed vibe and beautiful beaches, Tampa is the ideal vacation spot. Lacking the congestion of other cities it maintains all of the summer recreations Florida is famous for. Since the real estate market is on the mend and potential customers are swooping in, now is the time to buy.

Florida is known as vacation central and the gulf side city of Tampa has proven to be a favorite spot. And in the past year, the real estate market has finally bounced back.

Tampa Real Estate

Recent market statistics place the median list price at $118,000, an astonishing 17% increase in the last 12 months. And this is great news for the region’s homeowners since prices fell by over 39% at the peak of the recession.

But with prices rising and interest rates at low levels, the buyers are back. Over the past two years, the average time homes for sale spent on the market has steadily decreased to 91 days. Rental homes as well have dropped to an average of 168 days on the market. Strong economic factors, warm weather, and unbeatable deals are beckoning buyers in.

Just a little over an hour away from Orlando, and 4 hours from Miami the city isn’t overrun by tourists or college partiers. Tampa natives were rated as having some of the healthiest lifestyles in the US. Most of this population is 30-50 years old with young children. This relaxed town boasts fishing and boating galore, calm waters that will not knock visitors down, and soft white beaches far nicer than the Atlantic coast. Tampa is not for the surfing fanatic, but the warm calm water is ideal for swimmers of all ages. Archibald Beach Park and Fred Howard Park Beach are two popular areas to take in the Tampa sun. While Egmont Key State Park is more secluded than other beaches for people who like to steer clear of crowds. Tourists usually favor Madeira Beach, especially since alcoholic beverages are allowed.


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