South Tampa Real Estate Report

South Tampa Real Estate Market Report | February 27, 2018 - March 6, 2018

February ended on a more even keel than we've seen in recent weeks.  With 86 properties going under contract and 85 new listings, we saw a marked slowdown in the depletion of South Tampa inventory.  The February '18 averages across all price points were $413,343 (average sale price); $226.40 (average sale price per square foot); and 54 (average days on market).  Compared to February '17, average sale price decreased 3.6%, average sale price per square foot increased 2.5%, and average days on market decreased 12.9%.  It will be interesting to see how the market trends in the coming weeks which are typically the busiest of the year. Have a great week!

Sincerely,

 Michael J. Palermo

Michael J. Palermo

 
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2018 Data

South Tampa Market | Single-Family Homes


average Sale price

Average days on market

average Sale $/SF

Total # listings


South Tampa Market | Condos


average Sale Price

average days on market

average Sale $/SF

Total # listings


South Tampa Market | Townhomes


average sale price

average days on market

average sale $/sf

total # listings


South Tampa Luxury Market | Single-Family Homes


average sale price

average days on market

Average sale $/sf

total # listings