How's the Real Estate Market??

Tampa, FL

Single-Family Homes

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



Tampa, FL

Thu Sep 16 2021
This week the median list price for Tampa, FL is $379,900 with the market action index hovering around 69. This is less than last month's market action index of 70. Inventory has increased to 765. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Tampa, FL

Thu Sep 16 2021
This week the median list price for Tampa, FL is $379,900 with the market action index hovering around 69. This is less than last month's market action index of 70. Inventory has increased to 765. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Tampa market.
Median List Price $379,900
Median Price of New Listings $350,000
Per Square Foot $240
Average Days on Market 52
Median Days on Market 28
Price Decreased 36%
Price Increased 6%
Relisted 4%
Inventory 765
Median Rent $2,100
Market Action 69
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$937,000 3,059 0.25 - 0.5 acre 4 3 27 34 39 56
$445,000 1,897 6,500 - 8,000 sqft 3 2 45 51 44 21
$335,000 1,400 6,500 - 8,000 sqft 3 2 62 62 49 21
$239,900 1,133 4,500 - 6,500 sqft 3 2 67 58 55 21