Tampa Bay has a population of nearly 400,000 people, and you can imagine that means there are quite a few properties always for sale in the city. Is the real estate market strong? You bet it is, as The Big Guava as it is called is a happening city. It isn’t far away from Clearwater Beach, and then you also have the greater Tampa Bay area if you want to look further than just the city itself.
The median home price in Tampa has risen from around 135k in 2013 to 235k in 2017. As for renting homes, the median monthly rent is around 1500 dollars. There are those high end properties, too, and then there are also properties that are priced much lower. Are you looking for a luxury property? How many bedrooms do you need?
You can look at the median value for homes according to how many bedrooms they have, too. For example, let’s say that you are looking for a two bedroom home. The median price for a two bedroom home in Tampa is just shy of 165k. That value is a 17 percent increase from last year, which is rather significant. The prices of real estate in Tampa and other popular cities in Florida continue to be on the rise, too, making them quite the investments.
Have you ever looked at luxury listings that you can’t afford just to see what’s out there? It would be neat to search the multi-million dollar properties in Tampa just for kicks, but then of course you want to also find the property that you really want to buy, too. If you can afford the multi-million dollar property, then you are certainly going to be impressed with what you find. But I think you will be quite impressed with what you find anyway.