How's the Real Estate Market??

Tampa, FL

Single-Family Homes

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



Tampa, FL

Wed Oct 20 2021
This week the median list price for Tampa, FL is $399,900 with the market action index hovering around 68. This is an increase over last month's market action index of 67. Inventory has increased to 788. 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

Wed Oct 20 2021
This week the median list price for Tampa, FL is $399,900 with the market action index hovering around 68. This is an increase over last month's market action index of 67. Inventory has increased to 788. 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 $399,900
Median Price of New Listings $379,000
Per Square Foot $249
Average Days on Market 53
Median Days on Market 21
Price Decreased 37%
Price Increased 7%
Relisted 5%
Inventory 788
Median Rent $2,110
Market Action 68
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
$1,124,900 3,449 0.25 - 0.5 acre 4 3 22 36 46 21
$469,900 1,907 6,500 - 8,000 sqft 3 2 43 55 49 21
$350,000 1,440 6,500 - 8,000 sqft 3 2 58 55 59 21
$241,500 1,128 4,500 - 6,500 sqft 3 1 66 61 57 28