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West Hillsborough News

Saturday, November 23, 2024

Progress Village home prices rose in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Progress Village rose by $45,560 while total sales increased by 6.2 percent, according to BlockShopper.com.

From January through June, there were 86 homes sold, with a median sale price of $255,550 - a 21.7 percent increase over the $209,990 median sale price for the same period of the previous year. There were 81 homes sold in Progress Village in the first half of 2021.

The median sales tax in Progress Village for the most recent year with available data, 2018, was $2,016, approximately 0.8 percent of the median home sale price for the first half of 2022.

The following table compares Progress Village to other Hillsborough County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Thonotosassa41387.9$330,000$285,00015.8
Temple Terrace1391297.8$320,000$215,00048.8
Lake Magdalene8392-9.8$311,000$241,50028.8
Plant City3623435.5$310,000$260,00019.2
Palm River-Clair Mel16913129$275,900$210,00031.4
Greater Sun Center5055040.2$270,000$206,82530.5
Egypt Lake-Leto25419530.3$270,000$230,00017.4
Mango674839.6$268,000$205,00030.7
Progress Village86816.2$255,550$209,99021.7
East Lake-Orient Park695525.5$235,000$180,00030.6
University845942.4$140,000$108,00029.6

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