$3,076 Closing Credit*
$259,000
1,070 SqFt
2 Beds
•2 Full Baths
Lucas Sadowski, Listing Office: ALIGN RIGHT REALTY SUNCOAST
Is West Tampa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, West Tampa was a Seller's Market.
Key Takeaway
West Tampa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Tampa, FL
How much do homes in West Tampa, FL cost?
Median Sold Price
$447,250
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$10,530(+2.4%)
Key Takeaway
Homes in West Tampa have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in West Tampa was $447,250 in September 2024, up 2.4% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245.5K | $224.5K | -8.6% |
| 2 Bedrooms | $318.5K | $305K | -4.2% |
| 3 Bedrooms | $445K | $456K | +2.5% |
| 4 Bedrooms | $685K | $652.5K | -4.7% |
| 5+ Bedrooms | $895K | $924.5K | +3.3% |
Summary: West Tampa housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Neighborhoods
| MacFarlane Park | $421.5K | $441.4K | +4.7% |
| West Tampa | $436.7K | $447.2K | +2.4% |
Housing Supply in West Tampa, FL
How many homes are available in West Tampa, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 225 | 231 | +2.7% |
Summary: The West Tampa real estate market had 231 homes for sale in September 2024, a 2.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 14 | +7.7% |
| 2 Bedrooms | 43 | 43 | 0.0% |
| 3 Bedrooms | 102 | 103 | +1.0% |
| 4 Bedrooms | 57 | 57 | 0.0% |
| 5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The West Tampa housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 32 | 20 | -37.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Tampa, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in West Tampa in September 2024, down by 37.5% month-over-month. Of the 20 sold homes, 55% were sold under asking, 35% were sold at asking, and 10% were sold over asking.
Days on Market for West Tampa, FL
How long does it take to sell a home in West Tampa, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 46 Days | 37 Days | -18.9% |
Summary: Homes in West Tampa had an average of 37 days on market in Sep 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Tampa are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 20 homes were sold in West Tampa; 65% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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