New Tampa, Tampa Bay’s fastest growing community is located in the northern side of Tampa. New Tampa, well-known for its master-planned communities, features upscale residences surrounded by lakes, lush green spaces and luxurious amenities, including award-winning golf courses.
New Tampa sat largely undeveloped until the city of Tampa annexed the 24-square-mile area at the end of the 1980’s. Since then, the community has blossomed. Development began with the Tampa Palms neighborhood and the area quickly became the choice of developers building amenity-rich, master-planned communities.
New Tampa grew rapidly from 1990 to 2000, as its population increased nearly 300 percent –- from around 7,000 residents to nearly 27,000. Many of homebuyers relocated from northern areas, including Michigan, Ohio, and New York. By 2005, the number of residents had increased to over 37,000.
Today, New Tampa has just over 50,000 residents with a median age of 33. The median household income is $94,453 and the average household net worth is $541,355.
New Tampa’s Hillsborough area has seven elementary schools, four middle schools and two high schools. Most of the schools routinely outperform the rest of the schools in the state of Florida. The University of South Florida is also nearby.
In addition, to the amenities offered by many of the master-planned communities, New Tampa provides residents the opportunity to play multiple public golf courses, as well as bike and hike on miles of meandering nature trails.
Summer highs usually top in the low-90s and winter lows rarely fall below the 50’s. New Tampa also sees 245 sunny days a year, more than many other locations in the “Sunshine State.”
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New Tampa Real Estate News
Happy Monday! New Tampa home sales decreased in September compared to September a year ago. The number of Homes Sold fell 11.9% from 126 to 111, while the Total Sold Dollar Volume declined 8.73% to $27,095,248. On a month-to-month basis, Closed Sales and Total Sold Dollar Volume went down 17.8% and 24.7% respectively. However of $237,000 was 3.04%more than a year ago. The Median Sold Price decreased 5.2% ...
Happy Monday! Today let’s review New Tampa home sales in August. The number of Homes Sold (135) increased 5.5% compared to August a year ago and 7.1% compared to July 2016. Total Sold Dollar Volume was 6.9% more than August 2015 and 9% higher than July 2016. The Median Sold Price stood at $250,000 — a 4.4% decline compared to August 2015 and a 4.2% rise from July ...
Happy Monday! New Tampa (Zip Code – 33647) home sales dropped in July 2016 compared to July of 2015. Total Sold Dollar Volume fell 20.8% to $33,033,724 as 126 homes changed hands. This represented a 18.7% decrease in the number of homes sold compared to last July and a 17.1% decline from June 2016. However, Median Sold Price held steady year ...
Happy Monday! New Tampa (Zip Code – 33647) home sales rose in June 2016 compared to June of 2015. Total Sold Dollar Volume hit $39,406,287 as 152 homes sold. This represented a 8.7% increase in dollar volume and a 2.7% climb in number of homes sold. Median Sold Price was also up year over year, rising to $261,595, 13.1% ...
Happy Monday! Today, let’s look at May 2016 home sales in New Tampa. In May 123 homes sold, which was an increase of 1.6% compared to May of 2015 and 10.8% compared to April of 2016. The median sold price was $265,000, up 19.8% from the price in May of last year and 11.3% more than the price in ...