Tampa Bay Market in a Minute
(May 2026)
Planning to sell your home in the Tampa Bay area? Staying informed about the latest market trends is essential for a successful sale. Our comprehensive report covers the dynamic real estate landscape of Hillsborough and Pinellas Counties.
Key Insights into the Tampa Bay Real Estate Market:
- Average Sales Price: Discover the current average sales prices to strategically price your home.
- Number of Homes Sold: Understand the transaction volume and its implications for your selling plans.
- Days on Market: Learn how quickly homes are moving to optimize your listing timing.
Our detailed market report provides all the essential information you need about local real estate trends. For a tailored analysis of your specific area, feel free to reach out to us.
Stay informed and ahead in the Tampa Bay real estate market with our expert insights!
4823
New Listings
13654
Active Listings
3993
Under Contract
3396
Closed Sales
$555,933
Average Sold Price
98.77%
Sale-to-List Price Ratio
68
Average Days on Market
36
Median Days on Market
What does this mean for you?
In real estate, timing is everything. That’s why we analyze 9 key metrics every month to determine whether the market is shifting toward a seller’s market or a buyer’s market.
By comparing these metrics month-over-month, we uncover the latest trends, and by looking at them year-over-year, we gain valuable insights into the bigger picture. This approach helps us—and you—decide whether it’s the right time to buy, sell, or stay put, depending on your goals.
Stay informed and make confident decisions with our Market in a Minute update below:
📅 Month-over-Month: April 2026 vs March 2026
Trending Toward a Seller’s Market:
- New Contracts 📈 0.6% (4 straight)
- Average Price 📈 1.7%
- Median Price 📈 1.3%
- SP:LP Ratio 📈 1.3%
- Average DOM 📉 4.2%
- Available Homes 📉 0.3% (2 straight)
- New Listings 📉 1.6%
Trending Toward a Buyer’s Market:
- Median DOM 📈 2.9% (2 straight)
- Closed Sales 📉 0.1%
📅 Year-over-Year: April 2026 vs April 2025
Trending Toward a Seller’s Market:
- New Contracts 📈 12.4%
- Average Price 📈 10.0%
- Closed Sales 📈 9.8%
- Median Price 📈 0.8%
- SP:LP Ratio 📈 0.7%
- Available Homes 📉 11.7%
- New Listings 📉 10.9%
Trending Toward a Buyer’s Market:
- Median DOM 📈 20.0%
- Average DOM 📈 19.3%
What Does This Mean for You?
These are macro comparisons for a two-county region, but many micro markets have dramatically different trends.
Want to know what’s happening in your neighborhood?
👉 Get Your Free Home Value Report Here
