Tampa Bay Market in a Minute - 2023 vs 2022
If youβre planning to sell your home in the Tampa Bay area, itβs essential to stay up-to-date with the latest market trends. Our report covers Hillsborough and Pinellas Counties combined.
Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.
Our market report showcases everything you need to know about local real estate trends. Reach out to us for a more zoomed-in look at your specific area!
The Good (for sellers):
New listings π 11.1
Average price π 12.6%
Median price π 5.2%
The Good (for buyers):
Median days on market π 175%
New contracts π 8.9%
Closed sales π 12.7%
Median sold price:list price ratio π 1.9%
50,095
New Listings
39,135
New Contracts
39,304
Closed Sales
98.64%
Sale-to- List Price Ratio
$563,522
Average Sales Price
$399,000
Median Sales Price
44
Average Days on Market
22
Median Days on Market