Monthly Market Update - November 2017

November's Tampa Bay real estate market saw both the total number of home sales and the average home prices going up slightly month-over-month and year-over-year. However, they increased by a much smaller percentage than usually seen so far this year. There has been speculation that our market is long overdue for a shift back to a buyer's market, and November's increases being smaller could indicate that the market is trying to naturally correct itself. The total number of home sales in the tri-county area in November was 6,262, only a 0.5% increase month-over-month compared to October 2017. Hillsborough had a total of 2,726 sales, Pasco had 1,311, and Pinellas had 2,225. Year-over-year the

Philippa Main

813.501.5498

PM@YourMainAgent.com

Future Home Realty

13029 W. Linebaugh Ave #101 Tampa, FL 33626

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