Real Estate Market Update for Tampa, FL

Video: Real Estate Community Tour for Tampa, FL

See Real estate community tour for Tampa, FL The Tampa Bay Area, on Florida's west coast, is a growing cultural and economic haven with a population of over 4 million people! The region includes the cities of Tampa, St. Petersburg and Clearwater. It is home to some of the best beaches in America, and the warm climate allows you to enjoy outdoor activities all year round. There is plenty to do in this vibrant area, including museums, hundreds of restaurants, and a number of performing arts venues and amusement parks. Local sports fans enjoy football with the NFL Buccaneers, baseball with the MLB Rays, and hockey with the NHL Lightning. Tampa Bay's economy is mainly comprised of financial services and information technology companies. Higher education opportunities abound, including the University of South Florida, and the University of Tampa. Tour the many attractive homes available throughout the Tampa Bay Area on century21.com and imagine making your home on the Sun Coast!
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 22% from one year earlier, and down 4% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 290-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 12%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 210-thousand dollars. The number of units sold decreased 7% year-over-year, and decreased 7% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
The Tampa Bay Area, on Florida's west coast, is a growing cultural and economic haven with a population of over 4 million people! The region includes the cities of Tampa, St. Petersburg and Clearwater. It is home to some of the best beaches in America, and the warm climate allows you to enjoy outdoor activities all year round. There is plenty to do in this vibrant area, including museums, hundreds of restaurants, and a number of performing arts venues and amusement parks. Local sports fans enjoy football with the NFL Buccaneers, baseball with the MLB Rays, and hockey with the NHL Lightning. Tampa Bay's economy is mainly comprised of financial services and information technology companies. Higher education opportunities abound, including the University of South Florida, and the University of Tampa. Tour the many attractive homes available throughout the Tampa Bay Area on century21.com and imagine making your home on the Sun Coast!
Show Transcript
Map Information for Tampa, FL
Area Information for Tampa, FL
  • Population: 361,049
  • Median Age: 36.07 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 3,183/sq mi
  • Population Change Since 2000: 19.05%
  • Closest Airport: Tampa International
  • Closest College: Everest University
  • Closest Jr. College: Hillsborough Community College
  • Median Household Income: $46,112
  • Annual Residential Turnover: 20%
  • Median Home Sales Price: $139,300
  • Closest Major Sports Team: Tampa Bay Lightning
  • Change Avg. Household Income Since 2000: 38.1%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Tampa, FL
Median Age: 36.07 Married: 30% Number of Households: 146,986 Households with Children: 39,247
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Tampa, FL

      School Name Distance Type Grades School Rating Parent Rating
      Tampa Catholic High School 0.2 mi Catholic 9-12 0 4
      Trinity School For Children 0.4 mi Public 6-8 4 0
      Seminole Heights Charter High School 1.2 mi Public 9-12 0 3
      Jesuit High School 1.3 mi Catholic 9-12 0 5
      Cambridge Christian School 1.4 mi Private PRESCHOOL-12 0 0
      Hillsborough Virtual Franchise High School 1.5 mi Public - 0 3
      Hillsborough High School 1.5 mi Public 9-12 2 3
      West Tampa Elementary School 1.7 mi Public PRESCHOOL-5 1 2
      Tampa Bay Christian Academy 1.8 mi Private PRESCHOOL-12 0 0
      Stewart Middle Magnet School 1.8 mi Public 6-8 3 0
      Patricia Sullivan Metropolitan Ministries Partnership School 1.9 mi Public K-5 2 0
      Blake High School 2.0 mi Public 9-12 3 3
      Macfarlane Park Elementary Magnet School 2.0 mi Public K-5 5 0
      Alexander Elementary School 2.3 mi Public PRESCHOOL-5 3 0
      Orange Grove Middle Magnet School 2.4 mi Public 6-8 3 0
      Tampa Preparatory School 2.4 mi Private 6-12 0 0
      Hillsborough Virt Instr Prgs 2.5 mi Public K-12 4 0
      Young Middle Magnet School 2.5 mi Public 6-8 2 4
      Bible Truth Ministries Academy 2.7 mi Private PRESCHOOL-12 0 0
      Middleton High School 2.7 mi Public 9-12 3 3
      Ferrell Girls Preparatory Academy 2.8 mi Public 6-8 3 0
      Channelside Academy Middle School 2.9 mi Public 6-8 3 0
      Channelside Academy Of Math And Science 2.9 mi Public K-8 3 0
      Mitchell Elementary School 2.9 mi Public K-5 5 0
      Lomax Magnet Elementary School 3.0 mi Public K-5 3 0
      Rampello K-8 Magnet School 3.0 mi Public K-8 4 0
      Roland Park K-8 Magnet School 3.1 mi Public K-8 4 0
      Leto High School 3.1 mi Public 9-12 2 3
      Sligh Middle School 3.2 mi Public 6-8 1 0
      Gorrie Elementary School 3.2 mi Public K-5 5 0
      Wilson Middle School 3.3 mi Public 6-8 4 0
      Lee Academy For Gifted Education 3.3 mi Private PRESCHOOL-12 0 0
      Jefferson High School 3.4 mi Public 9-12 2 3
      Chamberlain High School 3.5 mi Public 9-12 1 2
      Grady Elementary School 3.9 mi Public PRESCHOOL-5 5 0
      Franklin Middle Magnet School 4.0 mi Public 6-8 2 0
      Pepin Academies 4.0 mi Public 3-12 0 5
      Hospital/homebound/homebased Programs 4.1 mi Public PRESCHOOL-12 2 0
      Mabry Elementary School 4.4 mi Public PRESCHOOL-5 5 0
      Plant High School 4.4 mi Public 9-12 4 4
      New Springs Schools 4.4 mi Public K-8 3 0
      Williams Middle Magnet School 4.5 mi Public 6-8 4 4
      Coleman Middle School 4.6 mi Public 6-8 5 0
      Brooks Debartolo Collegiate High School 4.7 mi Public 9-12 5 4
      Community Charter Middle School Of Excellence 4.7 mi Public 6-8 2 0
      Roosevelt Elementary School 4.8 mi Public PRESCHOOL-5 5 0
      Academy Of The Holy Names 4.9 mi Catholic PRESCHOOL-12 0 0
      Carrollwood Elementary School 4.9 mi Public K-5 3 3
      Horizon Charter School Of Tampa 5.1 mi Public K-8 4 0
      Berkeley Preparatory School 5.3 mi Private PRESCHOOL-12 0 0
      Webb Middle School 5.3 mi Public 6-8 2 0
      Cannella Elementary School 5.4 mi Public PRESCHOOL-5 3 0
      Bayshore Christian School 5.4 mi Private PRESCHOOL-12 0 0
      King High School 5.5 mi Public 9-12 3 3
      Henderson Hammock Charter School 6.0 mi Public K-8 3 0
      Anderson Elementary School 6.1 mi Public K-5 3 0
      Riverhills Elementary Magnet School 6.2 mi Public PRESCHOOL-5 3 0
      Ballast Point Elementary School 6.6 mi Public K-5 4 0
      Town 'n Country Christian Academy 6.6 mi Private PRESCHOOL-12 0 0
      Muller Elementary Magnet School 6.6 mi Public K-5 3 0
      Tampa Bay Tech High School 6.7 mi Public 9-12 4 3
      Universal Academy Of Florida 6.7 mi Private PRESCHOOL-12 0 0
      Usf/patel Partnership Elementary School 6.8 mi Public K-5 2 0
      Faith Outreach Academy 6.8 mi Private PRESCHOOL-12 0 0
      Essrig Elementary School 6.9 mi Public K-5 3 0
      Chiaramonte Elementary School 7.2 mi Public PRESCHOOL-5 3 0
      Carrollwood Day School 7.3 mi Private PRESCHOOL-12 0 0
      Hill Middle School 7.8 mi Public 6-8 3 0
      American Youth Academy 7.8 mi Private PRESCHOOL-12 0 0
      Robinson High School 7.8 mi Public 9-12 4 4
      Davis Elementary School 7.9 mi Public K-5 2 0
      Hillsborough Academy Of Math And Science 7.9 mi Public K-8 3 0
      Alonso High School 7.9 mi Public 9-12 3 3
      Westchase Elementary School 8.0 mi Public K-5 5 0
      Gaither High School 8.2 mi Public 9-12 3 4
      Claywell Elementary School 8.4 mi Public PRESCHOOL-5 4 0
      Literacy/leadership/technology Academy 8.4 mi Public K-8 2 0
      Sergeant Paul R Smith Middle School 8.6 mi Public 6-8 3 0
      Davidsen Middle School 8.7 mi Public 6-8 3 0
      Citrus Park Christian School 8.7 mi Private PRESCHOOL-12 0 0
      Citrus Park Elementary School 8.7 mi Public PRESCHOOL-5 4 0
      Lowry Elementary School 8.9 mi Public PRESCHOOL-5 4 0
      Sickles High School 9.0 mi Public 9-12 4 3
      Progress Village Middle Magnet School 9.3 mi Public 6-8 3 0
      Northwest Elementary School 9.4 mi Public PRESCHOOL-5 4 0
      Tinker K-8 School 9.5 mi Public K-8 4 5
      Tampa Palms Elementary School 9.7 mi Public K-5 4 0
      Deer Park Elementary School 10.1 mi Public K-5 5 0
      Chiles Elementary School 10.4 mi Public K-5 5 0
      Bryant Elementary School 11.1 mi Public K-5 5 0
      Farnell Middle School 11.2 mi Public 6-8 4 0
      Liberty Middle School 11.9 mi Public 6-8 3 0
      Freedom High School 12.0 mi Public 9-12 2 3
      Clark Elementary School 13.3 mi Public PRESCHOOL-5 4 5
      Hunter's Green Elementary School 14.2 mi Public K-5 2 0
      Wharton High School 14.3 mi Public 9-12 3 3
      Benito Middle School 14.4 mi Public 6-8 4 3
      Turner-bartels K-8 School 15.0 mi Public PRESCHOOL-5 4 0
      Pride Elementary School 15.5 mi Public PRESCHOOL-5 5 0
      Heritage Elementary School 16.3 mi Public K-5 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Tampa, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.