Tampa/Hillsborough County Real Estate Market Trends – The Last 90 Days

If you’ve been keeping an eye on the Tampa/Hillsborough County real estate scene lately, you know it’s been anything but quiet. Over the past 90 days, the market has seen a blend of excitement, shifting dynamics, and opportunities—especially for those thinking about buying or selling for the first time.

What’s Been Happening?

Let’s start with the basics: Tampa’s housing market has continued to show resilience, even as national headlines talk about cooling trends. In the past three months, we’ve seen:

• Steady Demand: Homes are still attracting plenty of interest, particularly in popular neighborhoods like Seminole Heights, Westchase, and South Tampa.
• Moderate Price Growth: While price gains have slowed compared to last year’s red-hot pace, median sale prices are holding strong—giving sellers confidence, but also keeping things within reach for buyers.
• Inventory Shifts: More listings are popping up, giving buyers a few more options. However, well-priced homes in good condition are still moving quickly, sometimes with multiple offers.
• Interest Rate Watch: Mortgage rates remain a hot topic. Some buyers are pausing, hoping for a dip, while others are locking in rates before any potential increases.

Stories from the Ground

Realtors across Tampa are sharing stories of first-time buyers winning homes after a few tries, and sellers celebrating quick, above-asking sales—especially when their homes are move-in ready. Open houses have become lively again, and there’s a renewed sense of optimism as the market finds a new balance.

What Does This Mean for You?

If you’re thinking about buying or selling in Tampa or Hillsborough County, the past 90 days have shown that timing, preparation, and local knowledge are more important than ever. Whether you’re a first-timer or just curious about the market, staying informed is your best advantage.

Stay tuned for Part 2, where we’ll look ahead to what the next 90 days might bring for Tampa’s real estate scene!