Tampa Bay's Monthly Real Estate Market Update - January 2019

Interestingly, January was the first month in three years that the available supply of inventory reached five months. At six months, the market is considered balanced (meaning neither a strong buyer's nor strong seller's market). Educated Realtors have been discussing the market shift for a while and have seen the signs that it's coming. This number is the biggest indicator that what we have been expecting is finally here. Many don't realize that the shift is like a pendulum - starting slow and then rapidly speeding up as it gets closer to the peak change. Throughout 2018 we started to see the beginning of the shift, which then sped up around October. Now with the new year bringing 7,124 new

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.