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% |