It’s a matter of time before you hear about a real estate market recession. Some people think we are there. Some think it is years away. Here is a closer look at Tampa and South Tampa.

There are some locations in the U.S. where the real estate market has already shifted from a strong seller market to a level or even a buyer market. Real estate economy is like the weather. It can be sunny over here and rainy over there. So we want to know how our market is doing so we can make smart real estate decisions. 

Below you will see a snapshot of the South Tampa real estate market and the Tampa real estate market.

  

South Tampa Market Snapshot

As you can see in the graphs, there have been no recent signs of a real estate market slowdown in South Tampa. This is accurate for both single family homes and multi-family homes. The number of transactions has increased from the previous month, year, and certainly from the last recession.  

South Tampa 6 Month Trends

Please Note: The data above does not take into account the difference in specific price ranges and hyperlocal economies. This data is an overall snapshot of all the respective real estate transaction in the specified South Tampa map area above. 

 

Tampa Market Snapshot

As you can see in the graphs, there have been no recent signs of a real estate market slowdown in Tampa. This is accurate for both single family homes and multi-family homes. The number of transactions and the average sale prices have increased from the previous month, year, and certainly from the last recession.  


 

Please Note: The data above does not take into account the difference in specific price ranges and hyperlocal economies. This data is an overall snapshot of all the respective real estate transaction in the specified Tampa map area above. 



If Tampa real estate were in a downturn, these numbers would look much different. Below is a link to one of my recent YouTube videos explaining the signs of a recession and how to measure. 

 

The Next Real Estate Crash 

 

Information was collected from Corelogic, NAR and the MLS.