Hillsborough Market Report Hillsborough Market Report | Page 2

Closed Sales
Monthly
Market Detail- May 2026 Single-Family Homes Hillsborough County
Summary Statistics
May 2026
May 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
1,442 1,438 0.3 % 251 276-9.1 %
Median Sale Price $ 430,000
$ 430,000 0.0 %
Average Sale Price Dollar Volume
$ 576,204 $ 550,650 4.6 % $ 830.9 Million $ 791.8 Million 4.9 %
Median Percent of Original List Price Received
97.0 % 96.9 % 0.1 %
Median Time to Contract 36 Days 32 Days 12.5 %
Median Time to Sale
74 Days
71 Days
4.2 %
New Pending Sales New Listings
1,471 1,748
1,549-5.0 %
2,054-14.9 %
Pending Inventory 1,935 Inventory( Active Listings) 4,455 Months Supply of Inventory 3.7
1,972-1.9 % 5,179-14.0 % 4.2-11.9 %

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
5,876
1,442
-2.3% 0.3 %
April 2026
1,299
-2.0%
March 2026
1,348
-2.1%
February 2026
996
-5.1%
January 2026
791
-4.1%
December 2025
1,157
-7.1%
November 2025
968
-1.0%
October 2025
1,175
5.5 %
September 2025
1,203
12.9 %
August 2025
1,318
-9.8%
July 2025
1,341
-7.6%
June 2025
1,472
6.2 %
May 2025
1,438
-13.6%
2,500
2022 2023 2024 2025
2,000
1,500
1,000 500
0
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.