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In the News • July 16, 2021

News 10: Tampa Bay Housing Prices Surge

by Tomlin St Cyr Real Estate Services ERA Powered

Housing prices have been climbing at a rapid rate to an average price of $350,000 in the Tampa Bay area. Compare that to Tampa’s average annual salary of $66,000, according to Payscale.com.

When it comes to home prices, Realtor.com’s June Monthly Housing Market Trends Report has Tampa/St. Pete/Clearwater’s median listing price at $350,000, up nearly 20 percent year over year. In comparison, Miami’s is $447,000, while Orlando’s is $356,000.

If you’re looking for a single-family home, your dollar will stretch far further in a different zip code.

“Moving out to areas like Wesley Chapel, which used to be, for some people working in the downtown area, a burden to drive that far there are some fantastic new construction communities out there,” explains Ali St Cyr, Broker/Owner of Tomlin St Cyr Real Estate.

READ MORE at NEWS 10 

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