By Mark Puente, Times Staff Writer
Tuesday, May 22, 2012
Home prices rose last month in Tampa Bay and the rest of the country.
The median price of single-family homes in the bay area jumped more than 8 percent from $120,000 in April 2011 to $130,000 last month, according to My Florida Regional MLS data. The bay area recorded 2,566 sales last month, compared with 2,519 in April 2011.
The price bump could offer hope to sellers who have been waiting for increases before putting their homes for sale.
So does that mean housing woes are finally in the rearview mirror?
"The first quarter has been incredible," said Nick Fraser, owner of Re/Max All Star in Madeira Beach. "Buyers realize they can't beat up sellers anymore over prices. The market has definitely leveled out."
The median price of conventional sales also rose in Tampa ...