Real Estate Market Update for Tampa, FL
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 32% from one year earlier, and down 6% 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 under 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 20%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 160-thousand dollars. The number of units sold increased 10% year-over-year, and increased 5% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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.
Map Information for Tampa, FL
Area Information for Tampa, FL
  • Population: 344,657
  • Median Age: 34.25 yr
  • Median Commute Time: 19.36 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 3,039/sq mi
  • Population Change Since 2000: 13.99%
  • Closest Airport: Tampa International
  • Closest College: Argosy University-tampa Campus
  • Closest Jr. College: Hillsborough Community College
  • Median Household Income: $44,700
  • Annual Residential Turnover: 25.2%
  • Median Years in Residence: 2.58 yr
  • Median Home Sales Price: $99,900
  • Closest Major Sports Team: Bucs
  • Change Avg. Household Income Since 2000: 29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Tampa, FL
Median Age: 34.25 Married: 24% Number of Households: 140,222 Households with Children: 42,486
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 GreatSchools Rating Parent Rating
      Tampa Catholic High School 0.2 mi Catholic 9-12 0 4
      Tampa Adventist Academy 1.0 mi Private PRESCHOOL-10 0 4
      Anointed Word Academy 1.3 mi Private K-5 0 5
      Graham Elementary School 1.3 mi Public PRESCHOOL-5 2 5
      Jesuit High School 1.3 mi Catholic 9-12 0 4
      Cambridge Christian School 1.4 mi Private PRESCHOOL-12 0 4
      Villa Madonna School 1.5 mi Catholic PRESCHOOL-8 0 5
      St Lawrence Catholic School 1.5 mi Catholic PRESCHOOL-8 0 4
      Stewart Middle Magnet School 1.8 mi Public 6-8 3-5 4
      Tampa Christian Community School 1.8 mi Private PRESCHOOL-10 0 5
      Lee Elementary Magnet School 1.8 mi Public K-5 3 4
      Macfarlane Park Elementary Magnet School 2.0 mi Public K-5 5 5
      Alexander Elementary School 2.3 mi Public PRESCHOOL-5 3 4
      Lockhart Elementary Magnet School 2.4 mi Public PRESCHOOL-5 1 4
      Academy Prep Center Of Tampa 2.5 mi Private 5-8 0 5
      Friendship Christian Academy 2.5 mi Private K-12 0 5
      Tampa Preparatory School 2.5 mi Private 6-12 0 5
      Washington Elementary School 2.5 mi Public PRESCHOOL-5 0 5
      Bible Truth Ministries Academy 2.7 mi Private PRESCHOOL-12 0 5
      Ferrell Girls Preparatory Academy 2.8 mi Public 6-8 3-5 4
      The Montessori Children's House Of Hyde Park 2.8 mi Private PRESCHOOL-6 0 3
      Channelside Academy Of Math And Science 2.8 mi Public - 4 4
      Mitchell Elementary School 2.9 mi Public K-5 5 5
      Oak Grove United Methodist School 2.9 mi Private PRESCHOOL-K 0 5
      Rampello K-8 Magnet School 3.0 mi Public K-8 4 5
      Lomax Magnet Elementary School 3.0 mi Public K-5 3-5 4
      Lavoy Exceptional Center 3.0 mi Public UNGRADE-UNGRADE 0 5
      Gorrie Elementary School 3.2 mi Public K-5 5 5
      Caminiti Exceptional Center 3.2 mi Public PRESCHOOL-12 0 4
      Wilson Middle School 3.3 mi Public 6-8 5 4
      Lee Academy For Gifted Education 3.3 mi Private PRESCHOOL-12 0 4
      Beach Park School 3.4 mi Private PRESCHOOL-7 0 5
      St Johns Episcopal Parish Day School 3.5 mi Private PRESCHOOL-8 0 5
      Christ The King Catholic School 3.8 mi Catholic PRESCHOOL-8 0 5
      Grady Elementary School 3.9 mi Public PRESCHOOL-5 4 4
      Franklin Middle Magnet School 4.0 mi Public 6-8 2-5 4
      Morning Star School Tampa 4.1 mi Catholic 1-8 0 4
      Most Holy Redeemer School 4.1 mi Catholic K-8 0 4
      Cahoon Elementary Magnet School 4.2 mi Public PRESCHOOL-5 4 4
      Mabry Elementary School 4.4 mi Public PRESCHOOL-5 5 5
      Plant High School 4.4 mi Public 9-12 4-5 4
      Williams Middle Magnet School 4.5 mi Public 6-8 5 4
      St Marys Episcopal Day School 4.6 mi Private PRESCHOOL-8 0 5
      Brooks Debartolo Collegiate High School 4.7 mi Public 9-12 4 4
      New Springs School 4.7 mi Public 6-8 3 3
      Roosevelt Elementary School 4.8 mi Public PRESCHOOL-5 5 4
      Academy Of The Holy Names High 4.8 mi Catholic PRESCHOOL-12 0 4
      Carrollwood Elementary School 4.9 mi Public K-5 4 5
      Lake Magdalene Elementary School 5.1 mi Public PRESCHOOL-5 3-5 5
      Corbett Preparatory School Of Ids 5.2 mi Private PRESCHOOL-8 0 5
      Concordia Lutheran School 5.2 mi Private PRESCHOOL-8 0 4
      Berkeley Preparatory School 5.3 mi Private PRESCHOOL-12 0 4
      Holy Trinity Lutheran School 5.3 mi Private PRESCHOOL-K 0 5
      West Gate Christian School 5.3 mi Private PRESCHOOL-12 0 4
      Windsor Learning Academy 5.5 mi Private PRESCHOOL-12 0 4
      Florida Autism Charter School Of Excellence 5.7 mi Public PRESCHOOL-12 0 4
      The Paideia School Of Tampa Bay 5.8 mi Private PRESCHOOL-12 0 5
      Hillel School Of Tampa 5.9 mi Private PRESCHOOL-8 0 5
      Incarnation Catholic School 5.9 mi Catholic PRESCHOOL-8 0 4
      Dorothy Thomas Center 6.0 mi Public 1-11 0 5
      Community Montessori School 6.0 mi Private 1-9 0 4
      Corpus Christi Catholic School 6.4 mi Catholic PRESCHOOL-8 0 4
      Gateway Christian Academy 6.5 mi Private PRESCHOOL-8 0 4
      Ballast Point Elementary School 6.6 mi Public PRESCHOOL-5 4-5 4
      Bowers-whitley Career Center 6.6 mi Public 11-12 0 4
      Muller Elementary Magnet School 6.6 mi Public K-5 3 4
      Tampa Bay Tech High School 6.7 mi Public 9-12 3-5 4
      Pizzo Elementary School 6.7 mi Public PRESCHOOL-5 2 4
      Tampa Day School 6.7 mi Private K-8 0 5
      Usf/patel Partnership Elementary School 6.7 mi Public K-5 3 3
      Christ Our Redeemer Lutheran School 6.9 mi Private PRESCHOOL-8 0 4
      Florida College Academy 7.2 mi Private PRESCHOOL-8 0 5
      Chiaramonte Elementary School 7.3 mi Public PRESCHOOL-5 2-5 4
      Carrollwood Day School 7.3 mi Private PRESCHOOL-12 0 4
      American Youth Academy 7.8 mi Private PRESCHOOL-12 0 5
      Lewis Elementary School 7.8 mi Public PRESCHOOL-5 3 4
      The Montessori House Day School 7.8 mi Private PRESCHOOL-5 0 5
      Davis Elementary School 7.9 mi Public K-5 2 4
      Northdale Lutheran 7.9 mi Private K-8 0 5
      Westchase Elementary School 8.0 mi Public K-5 5 5
      Hillsdale Preschool And Academy 8.2 mi Private PRESCHOOL-7 0 5
      Sergeant Paul R Smith Middle School 8.7 mi Public 6-8 3 4
      Davidsen Middle School 8.7 mi Public 6-8 3-5 4
      Citrus Park Christian School 8.7 mi Private PRESCHOOL-12 0 4
      Citrus Park Elementary School 8.7 mi Public PRESCHOOL-5 3-5 4
      Westshore Elementary School 8.9 mi Public PRESCHOOL-5 2-5 5
      Lowry Elementary School 8.9 mi Public PRESCHOOL-5 4-5 4
      Libertas Academy 9.2 mi Private PRESCHOOL-6 0 5
      Progress Village Christian Academy 9.2 mi Private PRESCHOOL-4 0 4
      Northwest Elementary School 9.5 mi Public PRESCHOOL-5 4-5 4
      Tampa Palms Elementary School 9.7 mi Public K-5 5 4
      Family Of Christ Christian School 9.9 mi Private K-8 0 5
      Deer Park Elementary School 10.0 mi Public K-5 4-5 5
      Chiles Elementary School 10.4 mi Public PRESCHOOL-5 5 5
      Bryant Elementary School 11.1 mi Public PRESCHOOL-5 5 4
      Liberty Middle School 11.9 mi Public 6-8 3-5 4
      Clark Elementary School 13.5 mi Public PRESCHOOL-5 4-5 4
      Primrose School Of Cross Creek 14.8 mi Private PRESCHOOL-K 0 5
      Turner Elementary School 15.0 mi Public PRESCHOOL-5 4-5 4
      Heritage Elementary School 16.3 mi Public PRESCHOOL-5 3-5 4
      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: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Tampa, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.