Market Leaders Profile: Tampa

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Data and information on the Tampa remodeling market

October 01, 2009





Population: 2,733,761 (14.1 percent increase since 2000)

Existing home sales: Q2 2009 sales were up 20.2 percent from 2008 and up 41.8 percent from Q1

Home prices

• Down 19.5 percent from 2008

• Down 40.8 percent from July 2006 local peak

• Down 10.7 percent over last 5 years

• Up 45.8 percent over last decade

Homeownership rate: 71.5 percent (No. 17 among major metros)

Median household income: $45,243

Local unemployment rate: 11.3 percent (up from 6.9 percent in 2008)

Sources: Greater Tampa Association of Realtors, S&P/Case Shiller Home Price Index, U.S. Bureau of Labor Statistics, U.S. Census Bureau 





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