TAMPA BAY AREA MARKET STATISTICS

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Hillsborough County Statistics

  • Median Prices of Single-Family Homes sold for $430,000 in October 2023, a 3.6% increase compared to the same month last year. In October 2022, single family homes sold for $414,995.
  • Median Prices of Townhouses & Condos – In October 2022, prices were $300,000. However, in October 2023, prices are now $288,990 indicating a 3.7% decrease.
  • Inventory for Single Family Homes fell by 13.3%. Inventory in October 2022 reflected 3,788 homes for sale, however, inventory in October 2023 reflects 3,285 homes for sale.
  • Inventory for Townhouses and Condos grew by 19.1%. Inventory in October 2022 reflected 986 listings, however, inventory in October 2023 reflects 1,174 listings.
  • Total sales for Single Family Homes in October 2022, was 1,406. In October 2023, total sales for single family homes decreased to 1,171, a 16.7% decrease.
  • Total sales for Townhouses and Condos in October 2022, was 438. In October 2023, total sales for single family homes decreased to 395, a 9.8% decrease.

Pinellas County Statistics 

  • Median Prices of Single-Family Homes sold for $465,000 in October 2023, a 5.7% increase compared to the same month last year. In October 2022, single family homes sold for $440,000.
  • Median Prices of Townhouses & Condos – In October 2022, prices were $295,000. However, in October 2023, prices are now $302,500 indicating a 2.5% increase.
  • Inventory for Single Family Homes increased by 1.1%. Inventory in October 2022 reflected 2,126 homes for sale, however, inventory in October 2023 reflects 2,150 homes for sale.
  • Inventory for Townhouses and Condos grew by 62%. Inventory in October 2022 reflected 1,478 listings, however, inventory in October 2023 reflects 2,395 listings.
  • Total sales for Single Family Homes in October 2022, was 887. In October 2023, total sales for single family homes decreased to 753, a 15.1% decrease.
  • Total sales for Townhouses and Condos in October 2022, was 549. In October 2023, total sales for single family homes increased to 604, a 10% increase.

Pasco County Statistics 

  • Median Prices of Single-Family Homes sold for $385,000 in October 2022. In October 2023, single family homes sold for $389,295, a 1.1% increase.
  • Median Prices of Townhouses & Condos – In October 2022, prices were $301,621. However, in October 2023, prices are now $306,190 indicating a 1.5% increase.
  • Inventory for Single Family Homes fell by 4.8%. Inventory in October 2022 reflected 2,129 homes for sale, however, inventory in October 2023 reflects 2,026 homes for sale.
  • Inventory for Townhouses and Condos grew by 35.6%. Inventory in October 2022 reflected 436 listings, however, inventory in October 2023 reflects 591 listings.
  • Total sales for Single Family Homes in October 2022, was 825. In October 2023, total sales for single family homes decreased to 758, an 8.1% decrease.
  • Total sales for Townhouses and Condos in October 2022, was 187. In October 2023, total sales for single family homes increased to 242, a 29.4% increase.

Sources:

https://pinellasrealtor.org/market-statistics/

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