Hillsborough Market Report Hillsborough Market Report | Page 14

Closed Sales
Monthly Market Detail- May 2026 Townhouses and Condos Hillsborough County
Summary Statistics
May 2026
May 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
388 380 2.1 % 150 114 31.6 %
Median Sale Price $ 279,995
$ 294,990-5.1 %
Average Sale Price Dollar Volume
$ 386,058 $ 358,223 7.8 % $ 149.8 Million $ 136.1 Million 10.0 %
Median Percent of Original List Price Received
94.6 % 95.8 %-1.3 %
Median Time to Contract 50 Days 39 Days 28.2 %
Median Time to Sale
90 Days
76 Days
18.4 %
New Pending Sales New Listings
367 522
391-6.1 %
537-2.8 %
Pending Inventory 451 Inventory( Active Listings) 1,823 Months Supply of Inventory 5.7
459-1.7 % 2,082-12.4 % 6.1-6.6 %

Closed Sales

The number of sales transactions which closed during the month
Economists ' note: Closed Sales are one of the simplest— yet most important— indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales( and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes( i. e. comparing a month ' s sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next.
Month
Closed Sales
Percent Change
Year-over-Year
Year-to-Date
May 2026
1,561
388
-7.5% 2.1 %
April 2026
325
-14.9%
March 2026
367
3.4 %
February 2026
271
-14.0%
January 2026
210
-17.6%
December 2025
316
-7.3%
November 2025
242
-12.0%
October 2025
318
6.4 %
September 2025
321
20.7 %
August 2025
333
-15.5%
July 2025
386
-5.4%
June 2025
356
-16.2%
May 2025
380
-31.8%
700 600 500 400 300 200 100
0
2022 2023 2024 2025
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 10th day of the following month. Data released on Tuesday, June 16, 2026. Next data release is Friday, July 17, 2026.