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

March is historically one of the busiest months of the year for the Tampa area real estate market. But while we saw a typical month-over-month increase in home sales, March saw home sales decrease year-over-year, and that is congruent with what is happening on a national level. As was predicted, home sales have been slowing down. But it's important to recognize that this is a sign of the market returning back to a healthy equilibrium as there has still been an increase in sales price year-over-year. It will be important to watch what happens over the next few months as one of the determining factors in the market shift was increasing interest rates but, though we expected them to be above 5

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.