South Tampa Real Estate Report

South Tampa Real Estate Market Report | 8/14/22 - 8/20/22

I'm confident we're going to see some clear direction of the South Tampa real estate market in the several weeks following Labor Day. Homes are selling (59 went under contract last week), but I'm getting the vibe that buyers/sellers are sitting on the sidelines waiting for that one bit of news that pushes them into the market. The trepidation is understandable given the roller coaster ride of economic news that's come out over the summer months. Then again, maybe it's simply people enjoying a summer vacation for the first time in a while. I'll keep looking at the data and let you know if new trends appear. Have a great week!

Michael Palermo

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