South Tampa Real Estate Report

South Tampa Real Estate Market Report | 2/19/23 - 2/25/23

Thus far, 2023 has been an interesting year in the South Tampa real estate market. We started off a little flat, saw a bump in sales mid-to-late January, flattened out again through mid-February and are now experiencing another flurry of activity. The market movement seems to be in line with interest rate fluctuations...more activity as rates approach 6%. The lack of inventory is still bolstering prices. Last week, there were only 99 homes listed under $1M in South Tampa. To put that in perspective, when I first started the South Tampa Market Snapshot in January of 2018, there were 486. Have a great week!

Michael Palermo

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