Last month, 98 properties sold with an average sale price of $139.77 per square foot. That represents both a 26 percent increase in units sold (vs. 78) and a 6.5 percent increase in price per square foot (vs. $131.20) from that of August 2019.
Mitchell Crawford, of the Crawford Group, said the real estate companies still need an infusion of home inventory for sale or else the market may slow down.
“As the market continues to inch forward, I would expect the average price per square foot to level off in the coming months,” Crawford said. “The mortgage rates will continue to stay in the low threes for several more months, maybe through the end of the year. The area real estate companies need inventory.”
August 2020 SALES SNAPSHOT
The following properties were a sample listed as sold on the Greater Tampa
Realtors Association MLS in August 2020.
The home at 636 Coronet Road sold August 24 for $123,900. Built in 1920, it has two bedrooms, one bath and 1050 square feet of living area.
The home at 5103 Coronet Road sold August 14 for $189,000. Built in 1987, it has three bedrooms, two baths and 2040 square feet of living area.
The home at 2714 Golf Lake Drive sold August 6 for $201,000. Built in 1999, it has two bedrooms, two baths and 1283 square feet of living area.
The home at 4314 Barret Ave sold August 13 for $205,000. Built in 1990, it has three bedrooms, two baths and 1402 square feet of living area.
The home at 3478 Silver Meadow Way sold August 28 for $220,000. Built in 1993, it has three bedrooms, two baths and 1408 square feet of living area.
The home at 3312 San Moise Place sold August 10 for $237,500. Built in 2016, it has three bedrooms, two baths and 1626 square feet of living area.
The home at 4123 Longfellow Drive sold August 28 for $260,000. Built in 1992, it has three bedrooms, two baths and 1600 square feet of living area.
The home at 2940 Spring Hammock Drive sold August 21 for $260,000. Built in 1999, it has three bedrooms, two baths and 2012 square feet of living area.
The home at 2807 Der Road sold August 14 for $275,000. Built in 1979, it has three bedrooms, two baths and 1387 square feet of living area.
The home at 3202 Kilmer Drive sold August 21 for $282,000. Built in 1995, it has three bedrooms, two baths and 1805 square feet of living area.
The home at 2925 Spring Hammock Drive Ave sold August 18 for $305,000. Built in 1999, it has four bedrooms, three baths and 2186 square feet of living area.
The home at 1806 Via Palermo Street sold August 14 for $320,000. Built in 2014, it has four bedrooms, three baths and 2785 square feet of living area.
The home at 4818 Lonesome Dove Court sold August 13 for $334,000. Built in 1986, it has three bedrooms, two baths and 1481 square feet of living area.
The home at 614 Colson Road sold August 28 for $335,000. Built in 2005, it has four bedrooms, two baths and 1986 square feet of living area.
The home at 4326 Windmill Ridge Road sold August 12 for $359,900. Built in 2006, it has four bedrooms, three baths and 2467 square feet of living area.
The home at 4406 Holloway Meadow Lane sold August 28 for $475,000. Built in 2005, it has four bedrooms, three and a half baths and 2233 square feet of living area.
The home at 6921 W Dormany Road sold August 27 for $816,000. Built in 2002, it has four bedrooms, two and a half baths and 3286 square feet of living area.
TOP BUILDING PERMITS
These are the largest building permits issued in Plant City for the month of August 2020, in order of dollar amounts.
3304 Sydney Road — Mechanical/HVAC — $1,314,140
3775 Fancy Farms Road — Plumbing — $550,000
1205 Wood Court — Commercial alteration — $495,000
1205 Wood Court — Mechanical/HVAC — $165,000
1810 Johnson Pointe Drive — Single family detached — $156,300
1810 Johnson Pointe Drive — Plumbing — $156,300
3009 Blakert Court — Single family detached — $156,300
3004 Blakert Court — Single family detached — $156,300
3002 Blakert Court — Single family detached — $156,300
602 Arbequina Court — Occupancy — $156,300
2309 James L. Redman Parkway — Mechanical/HVAC — $150,000
4575 Airport Road — Single family detached — $148,000
1491 S. Hunter St. — Accessory structure — $143,566
1705 Johnson Pointe Drive — Occupancy — $135,480
3307 Gloria Ave. — Single family detached — $115,000
1808 Johnson Pointe Drive — Single family detached — $109,000
3007 Blakert Court — Single family detached — $109,000
3007 Blakert Court — Plumbing — $109,000
1816 Johnson Pointe Drive — Single family detached — $101,000
2123 S. County Line Road — Occupancy — $98,835