It's no secret that the housing market has shifted—but not everyone has gotten the memo. Many sellers in Tampa Bay are still pricing their homes like it's 2021, and that's creating some serious disconnect between list prices and what buyers are actually willing to pay today.
According to Redfin, the national median asking price recently hit $469,729, while the median sale price was $431,057. That's a 9% difference—the largest gap we've seen since 2020. What that tells us is clear: homes are sitting, price cuts are becoming more common, and buyers are no longer biting at inflated asking prices.
Locally, Tampa Bay is following a similar trend. While exact numbers fluctuate week to week, many neighborhoods across Hills...