South Tampa Real Estate Report

South Tampa Real Estate Market Report | 05/19/19 - 05/25/19

Lack of inventory is still an issue in a majority of the South Tampa housing market segments I follow. The inventory of single family homes under $1M is down 19.4% since 1/1/19. Condo inventory is down 8.8% and town home inventory decreased by 18.6%. The only market segment to buck the trend was the South Tampa luxury market (>$1M) which saw a 22.4% increase in inventory since 1/1/19. Have a great week!

Sincerely,

Michael Palermo

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