Rising prices, multiple offers, and bidding has come back to Tampa. Prices in Tampa Bay rose +20%
since last year. Single family homes sales increased +17.4% in March. Large institutional investors are buying up homes and creating rentals out of them. Most of these sales are cash and in March, 48.4% of all sales were cash. Condo sales grew slower but pricing moved up +15% to a median price of $92,000. The median single family home price is $144,049.
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