4-Week Real Estate Market Report: Tampa Bay Insights (February 2025)

[Luis Bedoya]

4 - Week Real Estate Market Report: Tampa Bay Insights (February 2025)

Welcome to the latest 4-Week Real Estate Market Report for the Tampa Bay area, covering data up to Friday, February 28, 2025. Released on Thursday, February 27, 2025, this report dives into the housing market trends across multiple counties, breaking down activity for single-family homes and condominiums. Whether you’re a buyer, seller, or real estate enthusiast, this snapshot offers valuable insights into the region’s dynamic market.

What’s Covered in This Report?

This report spans February 6 to February 27, 2025, analyzing a 28-day period across five key counties: Pinellas, Pasco, Hillsborough, Sarasota, and Manatee. It includes:

• Cumulative Tampa Bay Report: Separate breakdowns for single-family homes and condominiums.
• County-Specific Insights: Detailed data for each county, split by property type (single-family homes and condos).
• Market Activity: Metrics like new listings, pending sales, sold properties, cancellations, and temporary off-market statuses.

The data is presented in daily increments, starting with Day 1 (Thursday, February 27, 2025) and ending on Day 28 (Thursday, February 6, 2025), with totals summarizing the full 4-week period. Note that the date ranges are not cumulative—each day reflects its own activity.

Key Metrics Explained

Here’s what the report tracks:

• Active: Properties newly listed during the 28-day range.
• Pending: Listings that changed to “pending” status.
• Sold: Transactions closed within the period.
• Canceled: Listings canceled during the timeframe.
• Temp Off Market: Properties temporarily removed from the market.

Additionally, the report highlights market changes on Day 1, including new listings, price increases, price decreases, and properties back on the market. For a deeper dive, it also features a 7-day sold comparison for Manatee County single-family homes, comparing recent sales and volume to the same period last year and Days 8–14.

** Counties and Property Types**

The report breaks down data across:

1. Pinellas County – Single Family Homes & Condominiums
2. Pasco County – Single Family Homes & Condominiums
3. Hillsborough County – Single Family Homes & Condominiums
4. Sarasota County – Single Family Homes & Condominiums
5. Manatee County – Single Family Homes & Condominiums

Each section provides a clear view of how the market is performing for different property types in these regions.

Why This Matters

For anyone navigating the Tampa Bay real estate market, understanding these trends is crucial. Are listings increasing? Are sales outpacing cancellations? How do condos compare to single-family homes? This 4-week report offers a comprehensive look at these questions, empowering you with the data to make informed decisions.

Stay tuned for future updates as we continue to track the Tampa Bay market. For now, dive into the details of this February 2025 report and see what’s shaping real estate in your area!