Tampa Bay Real Estate Market Report For August 2025

Smith Agents Know The Market

Tampa Bay has become one of the most sought-after locations in Florida for real estate investors and homeowners alike. The city's growing economy, vibrant culture, and exceptional quality of life are just a few of the reasons why so many people are flocking to the area. Read below to learn of our current market dynamics.

An Inside Look Into The Tampa Bay Housing Market

Hillsborough showed renewed strength in August, with the average sales price climbing nearly 5% month-over-month to $513,965. This gain came even as closed sales slipped by almost 5% and days on market stretched from 53 to 60, extending the trend of lengthening marketing times.

Pinellas delivered more activity, with 1,448 homes sold in August compared to 1,398 the prior month. The county also posted a healthy rise in pricing, with the average sales price advancing from $510,619 in July to $531,087 in August.

The current environment offers buyers one of the most favorable positions in recent years, with greater choice and sellers more inclined to negotiate. If you are considering a move this year, aligning with Smith & Associates means access to the region’s greatest exposure, proven expertise, and seasoned negotiation strategies, ensuring your real estate goals are met with success. With the right real estate expert and strategy, today’s shifting dynamics can be turned into opportunities. If you’d like a complimentary analysis for your specific property or area of interest, reply to this email or give us a call.