Condo sales throughout the Tampa Bay area are bouncing back after their disastrous crash a decade ago.
The Tampa Bay Times reported in Pinellas and Pasco counties, more condos were sold in April than in any month since 2012, as far back as the Florida Realtors organization tracks sales. Hillsborough had its second best month in April, topped only by a bumper showing last June.
In Hillsborough, which had less than a three-month supply of condos in April, the desire to be near a revitalized downtown Tampa is driving up prices.
A penthouse in Harbour Island’s Grandview sold last month for $1.975 million, the most of any Hillsborough condo in the last six months and among the highest prices paid since the peak of the boom in 2005.
Republished with permission of the Associated Press.