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Last month, Tampa Bay’s housing market experienced a notable shift as home sellers listed their properties and purchased new homes, driving a wave of demand into the market. Realtor.com’s monthly housing report shows this trend has led to heightened market activity this month.
Rise in Listings and Pending Sales
September saw an increase in new listings, aligning with a surge in pending sales nationwide in October. Tampa Bay alone experienced a remarkable 40% rise in active listings last month, with homes remaining on the market for an average of over 70 days.