How's the Real Estate Market??

Tampa, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Tampa, FL

Tue Sep 22 2020
This week the median list price for Tampa, FL is $409,950 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has held steady at or around 1,060. Click here to stay informed with the Tampa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Tampa, FL

Tue Sep 22 2020
This week the median list price for Tampa, FL is $409,950 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has held steady at or around 1,060. Click here to stay informed with the Tampa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Tampa market.
Median List Price $409,950
Per Square Foot $202
Days on Market 89
Price Decreased 39%
Price Increased 10%
Relisted 4%
Inventory 1,060
Median Rent $1,800
Most Expensive $9,500,000
Least Expensive $70,000
Market Action 53
Strong Seller's Market

The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,275,000 4,060 0.25 - 0.5 acre 5 4 18 19 22 140
$499,990 2,629 6,500 - 8,000 sqft 4 3 21 44 39 73
$345,000 1,812 6,500 - 8,000 sqft 3 2 41 61 59 67
$224,980 1,324 4,500 - 6,500 sqft 3 2 62 75 67 75