What Are the Latest Numbers for Our Real Estate Market?

Each month we bring you our South Tampa Real Estate Market Update by providing you with the key data points that drive the real estate market.  Here are the numbers for last week.

31 NEW LISTINGS

30 NEW HOMES UNDER CONTRACT

3.33% 30-YEAR INTEREST RATE

$438k MEDIAN PRICE

During this pandemic, we want to make sure you have all the latest news and information about our real estate market. Today we have a quick update about what’s gone on in the last week. New listings are down 6%, new homes under contract are down 12%, but newly sold homes are up by 75%. The great news is that the average interest rate for a 30-year conventional mortgage is flat from last week and down significantly from where it was last year.

To request your copy of the South Tampa real estate market report, visit South Tampa Real Estate Report and we’d be happy to provide you with one. If you have any questions about our market or concerning real estate, in general, please feel free to contact us by phone or email. We would love to help you!