The Tampa Bay real estate market — including St. Petersburg, Pinellas, Hillsborough, and surrounding counties — continues to show strong activity as we enter mid-May 2025. According to the most recent 4-week market report from Stellar MLS, market activity is brisk and opportunities exist for both buyers and sellers alike.
Key Market Stats (Last 4 Weeks in Tampa Bay – Single Family Homes):
- New Active Listings: 7,332
- Pending Sales: 4,793
- Homes Sold: 4,379
- Canceled Listings: 1,399
- Temporarily Off-Market: 366
In Pinellas County alone, 350 single-family homes closed in the last 4 weeks, with nearly 1,000 active listings currently on the market. These numbers signal a balanced market with solid inventory and strong buyer interest.
While condominiums showed slightly slower movement, the demand is still consistent, especially for well-priced units. In Pinellas County, for example, 830 condos sold in the same period — showing that even with fluctuations, desirable properties are moving fast.
Why It’s a Good Time to Sell:
- Steady buyer activity means homes are still selling quickly.
- Inventory remains manageable, so well-presented listings stand out.
- Many buyers are looking to move into flood-safe areas or upgrade to homes with more space — especially important in markets like Gulfport and St. Pete.
- There’s still upward pressure on prices for move-in ready homes in great neighborhoods.
Why It’s a Good Time to Buy:
- A healthy number of active listings gives buyers more choice.
- Sellers are increasingly open to negotiation, especially on price or closing costs.
- Mortgage rates, while fluctuating, remain historically moderate compared to past decades.
- Buying now locks in equity before the next market upswing — a common trend in Tampa Bay’s seasonal cycles.
Whether you’re considering making a move or just curious about your home’s value, it’s important to have the right guide. I’m a lifelong St. Petersburg resident, licensed since 2004, and I bring both local expertise and personalized strategy to every client I work with.
📲 If you’re thinking about buying or selling — or know someone who is — let’s talk. I’d be honored to help.
👉 Visit www.TampaBayRealtorSean.com or message me directly to get started.
