May 2022 Real Estate Market Update

The real estate market in Hillsborough County is one of the most competitive in the country at this time, but even this market continues to show signs of a slowdown.  That being said home prices are 20.6% higher than back in January!

Sold inventories have been steadily decreasing over the last 6 months and we’ve had a surge in new listings come on the market in May.  These two things have contributed to another monthly increase of 27% in active inventory.  We are still in an extreme sellers market with the month supply of homes finally not a few weeks worth of inventory!

If you have any real estate needs reach out! We would love to be of assistance!

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