Is Tampa a Buyer’s or Seller’s Market?

Expert Perspective from Emeri & Joe Lewkowicz

One of the top questions Tampa residents ask us is, “Is Tampa a buyer’s or a seller’s market right now?” And with the shifts we’ve seen over the last few years, it’s a fair question.

Based on the most current data and our on-the-ground experience, the answer is:
Tampa is transitioning into a balanced market with slight advantages for buyers.

What Makes the Market More Balanced Now?

For the first time since the pandemic boom, we’re seeing equilibrium return:

1. More inventory is hitting the market

2. Buyers have more options

3. Homes are sitting for slightly longer

4. Sellers are adjusting expectations

5. Interest rates are creating a more thoughtful pace
   
   

This transition gives both sides opportunities—and removes the extreme pressure buyers faced in 2021–2022.

Signs Tampa Is Leaning Toward a Buyer-Friendly Market

1. Days on Market Are Increasing

Homes aren’t selling in 24 hours anymore. Buyers now have time to:

1. shop around

2. conduct inspections

3. compare neighborhoods

4. negotiate
   
   

2. Price Adjustments Are More Common

Not because values are dropping, but because sellers are pricing realistically.

3. Seller Concessions Are Back

We’re seeing:

1. credit for closing costs

2. repair agreements

3. builder incentives

4. mortgage rate buydowns
   
   

Buyers have leverage that hasn’t existed in years.

But It’s Still a Strong Market for Sellers

Tampa isn’t a weak market—it’s simply healthier. Sellers benefit from:

1. strong population growth

2. solid buyer demand

3. appreciation stability

4. job market expansion
   
   

Well-presented homes in desirable communities still sell quickly.

Neighborhoods Where Sellers Still Hold Power

Demand remains extremely strong in:

1. South Tampa

2. Hyde Park

3. Westchase

4. Carrollwood

5. Wesley Chapel

6. Odessa

7. Davis Islands
   
   

These areas remain competitive because inventory is still tight.

Neighborhoods More Favorable to Buyers

Buyers have more leverage in:

1. Riverview

2. Brandon

3. South Pasco

4. New-construction-heavy suburbs

5. Older communities needing updates
   
   

As Emeri often says:
“Tampa isn’t one market. It’s twenty different markets happening at once.”

Final Takeaway

Tampa is neither a full buyer’s nor a traditional seller’s market—it’s a balanced market, with a slight edge for buyers due to increased inventory and greater negotiation power. But sellers still enjoy strong demand and stable pricing.