Tampa Bay Market in a Minute

 (March 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!

 

4371

New Listings

13890

Active Listings

3455

Under Contract

2527

Closed Sales

$583,832

Average Sold Price

97.59%

Sale-to-List Price Ratio

71

Average Days on Market

34

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: February 2026 vs January 2026

Trending Toward a Seller’s Market:

  • Median DOM 📉 35.8%
  • Closed Sales 📈 22.7%
  • Average DOM 📉 11.3%
  • New Listings 📉 7.8%
  • New Contracts 📈 2.7%
  • Median Price 📈 2.6%
  • Average Price 📈 0.4%
  • SP:LP Ratio 📈 0.1%

Trending Toward a Buyer’s Market:

  • Available Homes 📈 2.0%


📅 Year-over-Year: February 2026 vs February 2025

Trending Toward a Seller’s Market:

  • Average Price 📈 13.4%
  • New Listings 📉 10.0%
  • Median Price 📈 2.6%
  • New Contracts 📈 0.9%
  • SP:LP Ratio 📈 0.1%

Trending Toward a Buyer’s Market:

  • Average DOM 📈 12.7%
  • Median DOM 📈 6.3%
  • Closed Sales 📉 0.8%
  • Available Homes 📈 0.6%


What Does This Mean for You?

These are macro comparisons for a two-county region, but many micro markets have dramatically different trends.



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