Tampa Bay’s competitive real estate market continued to follow the trends seen over the last year in August, as inventory remained low and median sales prices were double-digit percentages higher than a year ago.

But there were also slight signs of change. Pinellas County had about 5 percent fewer single-family home sales compared to August 2020, Hillsborough had about 3 percent more sales, and Pasco’s remained close to level with just a 1 percent increase, according to new numbers released Wednesday by Florida Realtors.

Those figures, relatively flat when compared to some of the year-over-year gains of months past, lead some industry professionals to believe the market’s fervor is ever so slightly starting to level off. Hernando County was the exception, with about 18 percent more sales than the same time last year.

Related: Is Tampa Bay’s real estate market starting to calm down?

Nationally, sales of single-family homes,…

Read more…

Share.

Comments are closed.