TAMPA BAY AREA MARKET STATISTICS

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Hillsborough County Statistics

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• Median Prices of Single-Family Homes sold for $427,111 in September 2023, a 2.9% increase compared to the same month last year. In September 2022, single family homes sold for $415,000.
• Median Prices of Townhouses & Condos – In September 2022, prices were $282,500. However, in September 2023, prices are now $295,000 indicating a 4.4% increase.
• Inventory for Single Family Homes fell by 15.2%. Inventory in September 2022 reflected 3,698 homes for sale, however, inventory in September 2023 reflects 3,135 homes for sale.
• Inventory for Townhouses and Condos grew by 14.9%. Inventory in September 2022 reflected 919 listings, however, inventory in September 2023 reflects 1,056 listings.
• Total sales for Single Family Homes in September 2022, was 1,177. In September 2023, total sales for single family homes increased to 1,296, a 10.1% increase.
• Total sales for Townhouses and Condos in September 2022, was 373. In September 2023, total sales for single family homes increased to 390, a 4.6% increase.

Pinellas County Statistics

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• Median Prices of Single-Family Homes sold for $462,000 in September 2023, a 9.7% increase compared to the same month last year. In September 2022, single family homes sold for $421,150.
• Median Prices of Townhouses & Condos – In September 2022, prices were $295,000. However, in September 2023, prices are now $341,000 indicating a 15.6% increase.
• Inventory for Single Family Homes fell by 1%. Inventory in September 2022 reflected 1,921 homes for sale, however, inventory in September 2023 reflects 1,901 homes for sale.
• Inventory for Townhouses and Condos grew by 52.2%. Inventory in September 2022 reflected 1,378 listings, however, inventory in September 2023 reflects 2,097 listings.
• Total sales for Single Family Homes in September 2022, was 792. In September 2023, total sales for single family homes increased to 839, a 5.9% increase.
• Total sales for Townhouses and Condos in September 2022, was 521. In September 2023, total sales for single family homes increased to 702, a 34.7% increase.

Pasco County Statistics

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• Median Prices of Single-Family Homes sold for $379,945 in September 2022. In September 2023, single family homes sold for $395,000, a 4% increase.
• Median Prices of Townhouses & Condos – In September 2022, prices were $270,000. However, in September 2023, prices are now $294,640 indicating a 9.1% increase.
• Inventory for Single Family Homes fell by 10.5%. Inventory in September 2022 reflected 2,064 homes for sale, however, inventory in September 2023 reflects 1,848 homes for sale.
• Inventory for Townhouses and Condos grew by 26.9%. Inventory in September 2022 reflected 438 listings, however, inventory in September 2023 reflects 556 listings.
• Total sales for Single Family Homes in September 2022, was 752. In September 2023, total sales for single family homes increased to 819, an 8.9% increase.
• Total sales for Townhouses and Condos in September 2022, was 163. In September 2023, total sales for single family homes increased to 212, a 30.1% increase.

Sources:

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