Home sales in Hillsborough County showed a few positive signs in the latest figures released by the Greater Tampa Association of Realtors. During December, sales reached 1,207, which is an increase of 171 over November. It also represents and increase year-to-year, as sales totaled 1,099 in the previous December. Other positive news is the monthly inventory of homes on the market decreased to 17,650 or 14.62 months from 19,354 or 17.61 months just one month earlier. The December inventory is the lowest total in the county in two years. (December, 2006 inventory was 17,154).
On the negative side, the average sales price of a home decreased significantly in 2008. The average sales price in December 2008 was $186,297, down from $267,117 a year earlier.
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