January 2024 Hillsborough County Market Update
Hello, I’m Bill Zeltman, Team Leader of the Gulf Palm Home Team and Broker Manager of Realty One Group Beyond. Today, I’ll be providing you with a market update for Hillsborough County, Florida for January 2025.
Currently, there are 3.57 Months Supply of Inventory in Hillsborough County. This is an increase of 83.08% over the last 12 months, indicating a shift towards a more balanced market.
The List to Sold Price percentage is currently at 97.5%, showing that sellers are still able to negotiate favorable prices for their homes.
The median days on market is 44 days, which is relatively low and indicates that properties are still moving quickly in this market.
The median sold price in Hillsborough County is $400,000. This is valuable information for both buyers and sellers as they navigate the current market conditions.
Thank you for watching this market update. If you have any questions or are interested in buying or selling a home in Hillsborough County, Florida, please feel free to reach out to me. Remember, real estate is always changing, so it’s important to stay informed. Thank you and have a great day.
Contact us at 727-488-7423 or go to GulfPalmHomes.com
