Monthly Market Update - May 2018

May was a busy month in the Tampa Bay real estate market. With home sales up and inventory down the market is healthy but facing the same challenges it has been for the past couple of years. Even so, over $1.6 billion of residential real estate was sold in Hillsborough, Pasco, and Pinellas combined, and 7,334 new listings were introduced to the market. Homes sold for 98.2% of their list price (meaning if the average home was listed at $250,000 it sold for $245,500). In May, the total number of residential home sales combined in Hillsborough, Pasco, and Pinellas counties was 6,457 - an increase both year-over-year and month-over-month, up an overwhelming 20.5% from April and 4.2% from May 201

Philippa Main

813.501.5498

PM@YourMainAgent.com

Future Home Realty

13029 W. Linebaugh Ave #101 Tampa, FL 33626

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Both myself and my brokerage, Future Home Realty, are committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. We are committed to accessibility and usability of our website to everyone. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at 813-501-5498 or pm@yourmainagent.com and we will be happy to assist you.