Great Sarasota Bay views from this 10th floor 100 Central residence.
Learn more and see more pictures at 100Central.com
The December 2011 Case-Shiller results were released last week (February 28, 2012). The indices revealed a 1.1% decline nationally from November and a 4.0% decline since the previous December. The Tampa market fell .2% between November and December, hitting a new cycle low. From last December, the Tampa index has fallen 4.3%. The Miami market registered a .2% increase from November to December and a 3.8% decrease from December 2010 to December 2011. Measured from their peaks in 2006, the Tampa and Miami market are now off 51% and 53%, respectively. The 20 market national composite index is just 34% off its peak. The current indices for Tampa and Miami are back to summer 2002 levels while the 20 market national composite is back to February 2003.
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© 2013 Scott Norris, Realtor ® - Longboat Key, Florida