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Here are the most recent numbers for the Tampa Bay area! We are also going to start analyzing the change in the typical home in the area based on bedroom count and gross living area.

Total Listings in Pasco, Pinellas and Hillsborough Combined are as follows for current/prior period: 24,319/24,072/24,447 Active listings plus 3,237/3,137/3,344 pending and 18,161/17,512/18,214 sold 12 months ending 08/08/2008. Average sales price/Days on Market are $256,770/103 vs $253,393/103 vs $259,993/103. The prior 12 month period was 22,964/23,105/23,252 with an average sales price of $286,520/81 vs $287,051/81 days.

Based on the above recent sales and available listings, the absorption rate is 6.2% reflecting 16 months of inventory.

Of the 24,319/24,072/24,447 active listings, 8,166/8,093/8,165 are vacant and 3,808/3,705/3,674 are in some type of foreclosure stage.

In the most recent month there have been 1,698/1,683/1,795 sold with an average sale price of $235,480/104 days on market vs $238,094/104 days / $235,346/106 days and for the previous 90 days 5,370/5,366/5,236 sales and an average sale price of $242,201/104 days/ $245,016/104 days $254,294/103 days.

Looking at a typical 3 bedroom, 2 bath home between 1,200 - 2,100 sf

438 homes with an average sale price of $221,241 for the past 90 days

For the same period last year it was $263,198.

Above Statistics based on single family homes sold in MLS only.

Sponsored by Associated Appraisal Group, Inc. - appraising real estate in Pinellas, Pasco and Hillsborough Counties.