Additionally, Realtor.com reports that the median list price of homes in the Tampa-St. Pete-Clearwater area increased 11.11% from a year ago compared to 3.17% nationally.
The inventory decline in our metro area is creating bidding wars on listings and buyers are shocked to find themselves in a very different market than they were expecting. (See my blog post from yesterday for additional info regarding the reasons for the low inventory.)
*Single family homes, condominiums, townhouses, and co-ops.
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