Tampa Bay housing market among nation’s ‘fastest-cooling’
June 12, 2024 - Redfin recently found that the nation’s three fastest-cooling housing markets are on Florida’s Gulf Coast, with Tampa Bay placing second to the North Port-Venice metro area. The real estate platform’s researchers measured changes from April 2023 through April 2024 and discovered Tampa Bay home prices fell 43%. While 39% of area homes sell within two weeks, that represents an 11.8% decrease. In addition, price discounts increased 8% year-over-year.