My Gulf Coast Property Real Estate Blog

Tampa Bay Area Market Update June 2020

The Market is Hot!

For the Second Quarter of 2020, the average Continuous Days on Market (CDOM) for the greater Tampa Bay area was a very short 30 days. What that means is from the time the property was first listed to when it went under contract, was only 30 days.

For the Second Quarter, the Sale Price was a record high 99% of the current Listing Price in the Multiple Listing Service (MLS). This is a 10-year record high.

Area

CDOM

SP/LP Ratio

 Tampa Bay

30

99%

 Pinellas

21

98%

 Hillsborough

23

100%

 Pasco

25

99%

 Hernando

20

99%

...