South Tampa Real Estate Report

South Tampa Real Estate Market Report | June 20, 2018 - June 26, 2018

I’ve got a couple of interesting facts for you this week....in South Tampa, there are currently 2.75 months of inventory for homes priced under $850K. That clearly indicates a seller’s market in that particular market segment. For homes over $850K, the current inventory is 6.25 months which represents a neutral market (favoring neither buyers nor sellers). The analysis reveals the importance of knowing what micro-market you’re operating in as a buyer or seller. 

Have a great week!

Sincerely,

 Michael Palermo

Michael 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