A tight supply cuts into Tampa Bay home sales while prices keep rising


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Tampa Bay’s two largest counties showed anemic home sales in May as prices continued to rise due to a tight supply. In Pinellas, sales of single-family home plunged nearly 12 percent from the previous May, the second-worst showing in a year. Prices, though, shot up 10 percent, to a median of $253,000. In Hillsborough, the number of sales crept up…

Did home sales in Tampa Bay jump ahead of the Fed’s interest rate hike?

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With Florida’s real estate market “definitely tightening,” as one economist put it, home sales in the Tampa Bay area showed decidedly mixed results in November. In Pinellas and Hillsborough counties, year-over-year sales of single-family homes were essentially flat, although sales of condos and townhomes jumped substantially — 13 percent in Hills­borough and 16.6 percent in Pinellas. Pasco and Hernando counties…