Tampa Bay Real Estate Market Report: Key Trends and Insights (April 2025)

Market Overview

The Tampa Bay real estate market remained dynamic in April 2025, with significant activity across single-family homes and condominiums. Here are the key highlights:

• Single-Family Homes:

  • Active Listings: 2,498

  • Sold Properties: 852

  • Price Changes: 480 decreases, 29 increases

  • New Listings: 404

• Condominiums:

  • Active Listings: 2,498

  • Sold Properties: 852

  • Price Changes: 134 decreases, 3 increases

  • New Listings: 97

County-Specific Insights

• Pinellas County: Single-family homes saw 1,671 active listings and 897 sold, while condos had 1,082 active and 356 sold.

• Pasco County: Single-family homes reported 1,383 active listings and 831 sold, with condos at 121 active and 45 sold.

• Hillsborough County: Single-family homes led with 2,143 active and 1,234 sold, while condos had 406 active and 135 sold.

• Sarasota & Manatee Counties: Both showed robust sales, with Manatee single-family homes reaching 613 sold and condos at 140.

7-Day Sold Comparison

Sales volume for single-family homes totaled 410.7M∗∗(726properties),downfrom∗∗410.7M∗∗(726properties),downfrom∗∗530.4M (848 properties) in 2024. Condos saw 62.2M∗∗(145sold)vs.∗∗62.2M∗∗(145sold)vs.∗∗105.4M in 2024.

Key Takeaways

• Price reductions outpaced increases, signaling a competitive buyer’s market.

• Condo sales lagged behind 2024 figures, while single-family homes held steady.

• Hillsborough and Pinellas counties dominated in transaction volume.