South Tampa Real Estate Report

South Tampa Real Estate Market Report | 2021 Overall

elcome to 2022 and the year's first South Tampa Market Snapshot! This week I'm presenting cumulative 2021 sales figures for the South Tampa market.  Overall South Tampa market sales across all price points rose 8.8% (3391 in '20 vs. 3691 in '21). The luxury segments performed particularly well. The $1M-$2M price range saw a 36.4% increase in total sales (261 in '20 vs. 356 in '21) while the $2M+ price range experienced an astonishing 80.8% increase in total sales (78 in '20 vs. 141 in '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

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