Tampa Real Estate Market Posted the 3rd Biggest Rise in Median Sales Price

Out of the 130 U.S. metro markets with a population of at least 1 million, the Tampa real estate market recorded the 3rd biggest rate of increase in the median sales price of single-family homes and condos sold over the one-year period from June 2015 to June 2016, based on studies made by ATTOM Data Solutions.

ATTOM, the parent company of RealtyTrac, based its studies on public records of sales deeds in more than 900 counties across the U.S., accounting for more than 80 percent of the nation’s population.

The Top 6 Metro Markets in June 2016:

Rank Metro Market Rate of Increase
in Median Sales Price
1 Salisbury, Maryland 22%
2 Pensacola, Florida 21%
3 TAMPA, Florida 20%
4 St. Louis, Missouri 19%
4 Boulder, Colorado 19%
5 Flint, Michigan 18%

Ranking of 6 Metro Areas Listed Above based on Median Home Sales Price in June 2016 :

Metro Market Median Sales Price Median Sales Price Rate of Increase in
in June 2015 in June 2016 Median Sales Price
Boulder, Colorado 390,756 $465,000 19%
Salisbury, Maryland $184,426 $225,000 22%
St. Louis, Missouri 159,840 $190,209 19%
TAMPA, Florida $145,833 $175,000 20%
Pensacola, Florida $139,669 $169,000 21%
Flint, Michigan 89,831 $106,000 18%

Other Metro Markets with at least 10% Increase in Median Sales Price Over the Year:

 

Rank Metro Market Rate of Increase
in Median Home Sales Price
1 Orlando, Florida 13%
2 Phoenix, Arizona 12%
2 Austin, Texas 12%
2 Portland, Oregon 12%
3 Denver, Colorado 11%
4 Virginia Beach-Norfolk-Newport News, Virginia 10%