What does a Sold Score of 38 mean in Tampa-St. Petersburg-Clearwater?

A Sold Score of **38/100** in Tampa-St. Petersburg-Clearwater (September 2026) puts the market in the **"Challenging Market Conditions"** band. The bands work like this: - **80–100** Excellent Chance of Selling — strong demand, tight inventory - **60–79** Good Chance of Selling — balanced, leaning seller - **40–59** Fair Chance of Selling — balanced, pricing matters - **30–39** Challenging Market Conditions — buyers have leverage - **0–29** Difficult Selling Environment — listings sit, price cuts are common The current score is driven by pending ratio of 0.29, inventory down +3.8% YoY, 76 median days on market, 43.2% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (September 2026): Sold Score: 38/100 (Challenging Market Conditions) · Pending ratio: 0.29 · Inventory YoY: -3.8% · Median days on market: 76 · Sellers cutting price: 43.2% · Median listing price: $385,398 (-6.6% YoY)