South Tampa Real Estate Report

South Tampa Real Estate Market Report | September 19, 2018 - September 25, 2018

 The inventory of South Tampa luxury homes ($1M+) hit a year-to-date high with 130 homes for sale. That's a 41% increase in South Tampa luxury home inventory from January 1, 2018 and represents over 10 months worth of inventory. It appears the South Tampa luxury market has shifted from a sellers' market to a buyers' market. Have a great week!   

P.S. - Interest rates rose again last week with the 30-year fixed hitting its highest level since May.

Michael Palermo

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