06/10/2026
๐ May 2026 Tampa Bay Market Insights
๐ก Detached Residences Highlights
๐ New Listings: -8.5% MoM | -14.4% YoY
๐ฆ Available Inventory: +0% MoM | -13.1% YoY
๐ Pending/Under Contract: -3.4% MoM | -1.7% YoY
โ
Closed Sales: +4.2% MoM | -3.2% YoY
๐ Months of Supply: 3.1 โ Sellerโs Market
๐ฐ Median Price: 425,000 (+2.4% YoY)
โฑ๏ธ Days on Market: 47 (+7 days YoY)
๐ฝ Price Reductions: 52.9% of closings
๐ธ Median S/OLP%: 90.9%
๐ข Condos / Townhomes / Villas Highlights
๐ New Listings: -11.4% MoM | -6.6% YoY
๐ฆ Available Inventory: -1.3% MoM | -6.2% YoY
๐ Pending/Under Contract: -2.5% MoM | +7.6% YoY
โ
Closed Sales: +.1% MoM | +3.5% YoY
๐ Months of Supply: 5.6 โ Slight Sellers Market
๐ฐ Median Price: $275,490 (-1.6% YoY)
โฑ๏ธ Days on Market: 78 (+21 days YoY)
๐ฝ Price Reductions: 60.8% of closings
๐ธ Median S/OLP%: 92.0%
โจ Key Takeaways
Sellers face stronger competition โ ensure the original list price and condition are in line with the market
Buyers enjoy more choices, longer marketing times, and better negotiating power
๐๐ ๐ฎ๐ค๐ชโ๐ ๐ก๐๐ ๐ ๐ ๐๐๐ฉ๐๐๐ก๐๐ ๐๐๐๐ง๐ฉ ๐ค๐ ๐ฉ๐๐ ๐ง๐๐ฅ๐ค๐ง๐ฉ ๐, ๐๐๐๐ก ๐๐ง๐๐ ๐ฉ๐ค ๐จ๐๐ฃ๐ ๐ข๐ ๐ ๐ฟ๐ ๐ฉ