Is it a good time to buy a house in Tampa FL?
Tampa Housing Market: Prices | Trends | Forecasts 2022. The Tampa housing market is growing steadily, prices are still low and properties have a good chance for a strong appreciation in the coming years. Homes are selling incredibly fast in the Tampa Bay housing market with hot homes getting multiple offers.
Are home prices dropping in Tampa?
The median sales price for homes in Tampa, St. Petersburg and Clearwater dropped from $418,000 in June to $415,000 in July, according to data from Greater Tampa Realtors. The number of active listings also increased from 6,573 homes to 8,038.
Why is the Tampa housing market so high?
Tampa, Florida, was rated 2022’s hottest housing market by Zillow (Z, ZG), beating out other Florida cities as well as other major metros like Phoenix and Austin, Texas. The city outranked other markets due to its number of potential buyers, scarcity of homes, home sales, and flourishing job market.