Home Featured News Could the Tampa Bay housing market be cooling down?

Could the Tampa Bay housing market be cooling down?

by The 100 Companies

Tampa Bay’s housing market may be cooling down, according to a new report from Realtor.com.

The report found that houses in the Tampa Bay area – including Tampa, St. Pete and Clearwater – spent an average of 37 days on the market. That’s a three-day increase from this time last year.

The median listing price of houses in Tampa Bay was $437,000 in August, a 22% increase from last year. This was the fifth-highest increase year over year among all metros.

In August, the overall national housing market saw the first year-over-year increase in time on the market since June 2020.

– Kelly Hayes, Extensive Enterprises Media

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