Market Intelligence Report — FL-300

Tampa-St. Petersburg-Clearwater, FL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-FL-08
As of the latest 2026 data
Cooling

Median Listing

$390K
-6.0% YoY

Pending Ratio

0.32
+2.2% YoY

Active Inventory

17,996
-6.4% YoY

Median DOM

74 Days
-3.9% YoY

Primary Intelligence Tool — Sold Score™

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The Tampa-St. Petersburg-Clearwater metropolitan area is currently characterized by cooling market conditions, with the pending ratio at 0.32, indicating demand absorption is notably below available supply. Active listings have contracted by 6.4% year-over-year, while new listings show a modest 1.4% decline over the same period.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.8%+0.7 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

3.42M+0.4% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

2,163+37.8% YoY

Building permits (private housing units) · Jul 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Tampa-St. Petersburg-Clearwater market right now.

Median listing prices have declined 6.0% year-over-year and 1.9% month-over-month, reflecting downward price adjustments. Despite a slight year-over-year increase of 2.2% in the pending ratio, its absolute level remains low. Inventory, as measured by active listings, has decreased by 6.4% over the past year, alongside a marginal 1.4% reduction in new listings, indicating a gradual adjustment of supply. Median days on market have decreased by 3.9% year-over-year to 74 days, while the share of price-reduced listings is at 25.5%.

Historical Analysis

Market Trends

Median Price

$390K-1.9% MoM

Active Inventory

17,996-6.4% YoY

Days on Market

74-3.9% YoY

Sold Score™

43+2.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

43
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.32, the current market structure implies that demand absorption is substantially lagging supply, placing greater emphasis on price discipline from sellers. The relatively elevated share of price reductions suggests ongoing adjustments in pricing expectations. The current market environment provides leverage for buyers who are prepared to negotiate on terms and price.

Luxury Segment

The average listing price in the market, at $599,049, significantly exceeds the median listing price of $390,000, which has seen a 2.8% year-over-year decline. Median price per square foot has also contracted by 5.6% year-over-year to $233. These metrics suggest some softening in the higher-price tiers of the market.

Supply Dynamics

17,996 active listings represent the current floor, with new supply arriving at roughly 5,044 per month.

Pricing Pressure
25.5%

of active listings carry a price reduction, -2.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -5.6% year-over-year.

Absorption
0.32

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Tampa-St. Petersburg-Clearwater, FL? Homes here are taking 3 days less to sell than last year.

Buyers have leverage in Tampa-St. Petersburg-Clearwater, FL. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
32%
Median Days on Market
74 days
Inventory YoY
−6%

In a buyer's market, strategy beats timing. See how your home scores in Tampa-St. Petersburg-Clearwater, FL and what moves the number.

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Metro Demographics

Metro Area
Tampa-St. Petersburg-Clearwater, FL
CBSA Code
45300
State
FL

ZIPs in Tampa-St. Petersburg-Clearwater, FL

Sorted by active inventory · click a ZIP for its full report