Hillsborough Market Report Hillsborough Market Report | Page 10

New Listings Inventory
Monthly Market Detail- March 2025 Single-Family Homes Hillsborough County

New Listings by Initial Listing Price

The number of properties put onto the market during the month
Economists ' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value— and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings.
800 700 600 500 400 300 200 100
0
Economists ' note: There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market( regardless of whether they actually sell). Likewise, it falls when New Listings aren ' t keeping up with the rate at which homes are going off-market.
1,800 1,600 1,400 1,200 1,000 800 600 400 200
0
Less than $ 50,000
Less than $ 50,000
March 2024 March 2025
$ 50,000- $ 99,999
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
March 2024 March 2025
$ 150,000- $ 199,999
$ 200,000- $ 249,999

Inventory by Current Listing Price

The number of property listings active at the end of the month
$ 200,000- $ 249,999
$ 250,000- $ 299,999
$ 250,000- $ 299,999
Initial Listing Price New Listings
Percent Change Year-over-Year
Less than $ 50,000 1-50.0 % $ 50,000- $ 99,999 1 N / A $ 100,000- $ 149,999 7 N / A $ 150,000- $ 199,999 30 114.3 % $ 200,000- $ 249,999 45 21.6 % $ 250,000- $ 299,999 106 1.0 % $ 300,000- $ 399,999 536 8.9 % $ 400,000- $ 599,999 677 4.3 % $ 600,000- $ 999,999 404 21.7 % $ 1,000,000 or more 191 9.1 %
$ 300,000- $ 399,999
Current Listing Price Inventory
Percent Change Year-over-Year
Less than $ 50,000 0-100.0 % $ 50,000- $ 99,999 1 N / A $ 100,000- $ 149,999 8 300.0 % $ 150,000- $ 199,999 42 121.1 % $ 200,000- $ 249,999 72 53.2 % $ 250,000- $ 299,999 223 46.7 % $ 300,000- $ 399,999 1,130 32.6 % $ 400,000- $ 599,999 1,578 24.6 % $ 600,000- $ 999,999 903 41.8 % $ 1,000,000 or more 609 37.5 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 600,000- $ 999,999
$ 1,000,000 or more
$ 1,000,000 or more
800 700 600 500 400 300 200 100 0
1,800 1,600 1,400 1,200 1,000 800 600 400 200 0
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, April 24, 2025. Next data release is Thursday, May 22, 2025.