South Tampa Real Estate Report
South Tampa Real Estate Market Report | June 20, 2018 - June 26, 2018
I’ve got a couple of interesting facts for you this week....in South Tampa, there are currently 2.75 months of inventory for homes priced under $850K. That clearly indicates a seller’s market in that particular market segment. For homes over $850K, the current inventory is 6.25 months which represents a neutral market (favoring neither buyers nor sellers). The analysis reveals the importance of knowing what micro-market you’re operating in as a buyer or seller.
Have a great week!
Sincerely,
Michael Palermo
