Hillsborough Market Report Hillsborough Market Report | Page 2

Closed Sales

Monthly

Market Detail- May 2025 Single-Family Homes Hillsborough County

Closed Sales Paid in Cash

1,438 1,663-13.5 % 276 302-8.6 %

Median Sale Price $ 430,000

$ 435,020-1.2 %

Average Sale Price Dollar Volume

$ 550,650 $ 556,021-1.0 % $ 791.8 Million $ 924.7 Million-14.4 %

Median Percent of Original List Price Received

96.9 % 97.5 %-0.6 %

Median Time to Contract 32 Days 28 Days 14.3 %

New Pending Sales New Listings

1,549 2,054

1,495 3.6 %

2,034 1.0 %

Pending Inventory 1,972 Inventory( Active Listings) 5,179 Months Supply of Inventory 4.2

1,951 1.1 % 3,915 32.3 % 3.0 40.0 %

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.

2,500

2021 2022 2023 2024

2,000

1,500

1,000 500

0

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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 Monday, June 22, 2025. Next data release is Wednesday, July 23, 2025.