Q3 2019 - Tampa Bay Land Market Overview

E R H A R DT ’ S TA M PA B AY L A N D M A R K E T OV E R V I E W

Single Family New Home Market Overview for Past 12 Months Provided by Landmark Reports +1 813 810 4335, chris@landmarkreports.com

TAMPA NEW HOME CLOSINGS BY COUNTY County

# of Closings Aggregate Closings

Avg Closing Price Avg HSF

Avg FF

1

Hillsborough

5,888 2,851 2,796 1,894 1,875

$1,699,342,119 $704,295,826 $949,006,175 $763,023,956 $748,639,591 $132,410,075

$287,083 $247,035 $339,416 $402,864 $399,275 $432,713 $212,896

2,304 1,984 2,360 2,125 2,182 2,466 1,874

49 55 53 53 57 39 84

2 Polk 3 Pasco

4 Sarasota 5 Manatee 6 Pinellas 7 Hernando

306

193

$41,088,843

CLOSINGS BY COUNTY SUBMARKET Submarket

No. of Closings Aggregate Closings

Avg Closing Price Avg HSF

Avg FF

1

South Hillsborough

4,732 1,223

$1,280,809,140 $439,390,173 $424,458,291 $414,001,530 $230,320,028 $427,909,372 $138,729,815 $200,589,500 $199,688,917 $132,143,604

$270,670 $359,272 $369,415 $370,305 $251,991 $503,423 $207,679 $312,445 $372,554 $291,708

2,258 2,006 2,452 2,366 1,983 2,150 1,823 2,238 2,437 2,320

49 52 54 49

2 Venice/Englewood

3 Wes Chapel/New Tampa

1,149 1118 914 850 668 642 536 453

4 SR 54/Trinity

5 NE Polk

51 61

6 Lakewood Ranch 7 New Eastern Polk 8 North of the River

63 52 45 55

9 Citrus Park/NW Tampa

10 US 41/SR 52

TOP 10 BY COMMUNITY Community

No. of Closings Total Closing Price

Avg Closing Price Avg HSF

Avg FF

Carlton Lakes (Southfork Lakes)

1

359

$90,817,334

$252,973

2,423

49

2 Villages of Starkey Ranch

342 289 274 242 242 240

$138,975,072 $77,130,365 $68,777,386 $51,671,292 $71,143,821 $79,610,657 $66,732,485 $71,255,486 $39,688,626

$406,360 $266,887 $324,005 $213,518 $293,983 $316,268 $363,548 $207,794 $311,711

2,589 2,534 2,308 2,036 2,413 2,412 2,720 1,987 2,003

51

3 Belmont

50 53 48 52 45 60 52 45

4 Epperson Ranch South

5 Cypress Creek 6 Triple Creek 7 Bexley South 8 South Fork 9 Gran Paradiso 10 Ayersworth Glen

211

196

191

8

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