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BlogsState of the Current Real Estate MarketHillsborough County Florida Market Analysis 2000-2010

Posted about 14 years ago

Hillsborough County Florida Market Analysis 2000-2010

2213

Hillsborough County Market Analysis 2000 to 2010 

Here is a quick snap shot of what the real estate market has been doing in Hillsborough County for the past 10 years. 

On the way up, average sales price increased 214%.

On the way down, average sales price decreased 181% 

We are experiencing the real estate market of 2002 all over again. This time with short sales and REOs.   

We are paying today for the market spike of 2005 and 2006.  

By my estimates, if the market never spiked and we continued to grow at a regular rate. Average home sale prices today would be around $190,000.

 

 

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