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