Monthly Market Update - June 2018
The summer heat had the Tampa Bay real estate market sweating in June. Inventory remained at an all time low (only two months of homes were available) and home sales were down month-over-month and year-over-year. Even so, almost $1.7 billion of residential real estate was sold in Hillsborough, Pasco, and Pinellas combined, and 7,034 new listings were introduced to the market. There are currently 13,739 active listings, down from 15,287 this time last year. In June, the total