Tampa Bay Real Estate Market Overview – June 2025 Report
Luis Bedoya
Last update: 2025-06-16
Luis Bedoya
Last update: 2025-06-16
The Tampa Bay real estate market continues to show active performance and shifting trends across counties. The latest four-week report (as of June 15, 2025) provides updated statistics on active listings, sales volume, pending contracts, and market adjustments across single-family homes and condominiums.
Pinellas County – Single-Family Homes
Active listings: 882
Sold homes: 337
Pending contracts: 321
Canceled listings: 247
Temporarily off-market: 55
Total closed volume in the last 7 days: $111 million from 188 transactions
Pinellas County – Condominiums
Active listings: 1,316
Sold units: 928
Pending contracts: 906
Canceled listings: 226
Closed volume in the last 7 days: $39.5 million from 91 closings
Hillsborough County – Single-Family Homes
Active listings: 2,077
Homes sold: 1,231
Pending: 1,440
Weekly closed volume: $182.6 million
Hillsborough County – Condominiums
Active listings: 364
Sold condos: 124
Pending: 174
Weekly closed volume: $47 million
Sarasota County
Single-family sales: 147
Condo sales: 654
Notable increase in new listings and price adjustments reported
Pasco and Manatee Counties
Combined closed volume: $86 million
Condos in Manatee show a growing demand and steady transactions
Market Observations
Across all counties, there has been an observable increase in price reductions, particularly in the condominium sector. While active inventory remains strong, seller concessions are becoming more common to encourage buyer movement. Compared to condos, single-family homes continue to demonstrate stronger performance and lower cancellation rates.
Buyers are still active in the Tampa Bay market, although higher insurance costs and economic uncertainty are causing slower decisions. Investors and homeowners should evaluate opportunities in areas showing price adjustments and increasing value appreciation.
Meet Luis Bedoya: one of the top agents at his brokerage and a name synonymous with unwavering honesty and dedication in the real estate sector. With a steadfast commitment, Luis's primary goal is to provide the best and most transparent service to his clients, ensuring their interests are always at the forefront.
But there's more to Luis than just real estate acumen. In the modern digital age, he has harnessed the power of video and ad marketing, mastering these tools to the benefit of his clientele. His YouTube channel stands as a testament to this, offering valuable insights and showcasing properties in a dynamic and engaging manner.
Luis's blend of traditional real estate expertise with contemporary marketing strategies ensures that his clients always have an edge in the competitive property market. Choose Luis Bedoya for a holistic real estate experience, where honesty meets innovation.
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