Homes sales drop, price increases slow in most of Tampa Bay in July

"It’s very different; it has kind of a Southampton influence,’’ listing agent Debi Egan said, referring to the upscale Long Island, N.Y. community. The house, which will be used as a second home, is among several that have recently sold or are under contract on Tierra Verde’s Oceanview Drive, one of Tampa Bay’s priciest streets.

In general, Eagan said, homes in good condition are selling the quickest.

"What I’m seeing," she said, "is that buyers don’t want to have to do as much renovation and so homes that have been kept up and are priced reasonable to their comparable market I don’t think have a problem at all."