South Tampa Real Estate Report
South Tampa Real Estate Market Report | 2022 Overall
Welcome to 2023 and the year's first South Tampa Market Snapshot! This week I'm presenting cumulative sales data from 2022 for the South Tampa market. '22 averages across all price points are: $925,500 (average sale price); $416.00 (average sale price per square foot); and 23 (average days on market). Compared to ’21, average sale price increased 32.1%, average sale price per square foot increased 30.4%, and average days on market decreased 23.3%. Total sales for '22 (2,631) represented a 28.7% decrease from '21. As always, I'll be researching and reporting back to you weekly about how interest rates, price trends, inventory levels, and general economic conditions affect our South Tampa real estate market. Have a great week!
Michael Palermo
