South Tampa Real Estate Report

South Tampa Real Estate Market Report | 07/21/19 - 07/27/19

Interest rates are at 3-year lows and contract signings for the overall U.S. housing market are up 1.6% year-over-year according to NAR Chief Economist Lawrence Yun. The South Tampa market seems to be following suit with a steadily increasing number of monthly sales, a decreasing inventory (lowest level of '19 at 756 units), and a decreasing average days to sell (lowest level of '19 at 51 days). Have a great week!

Sincerely,

Michael Palermo

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