Short Supply Continues Affecting Home Prices
$180,000 median price of a Tampa area single-family home in February and 16.1 percent increase from February 2015 to February 2016.
Tampa Bay homes prices soared again in February, continuing a robust start to the year driven by the meager supply of homes on the market.
The median price of a single family home jumped to $180,000, a 16.1 percent increase from the same month a year ago. That follows January's year-over-year price jump of nearly 20 percent.
February's biggest gains were in Pinellas County, where prices shot up 21.6 percent to $189,700 on a modest 3.2 percent increase in sales.
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