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What Every Seller Should Know About Home Prices

December 12, 2022 1 min read Brenda Bianchi

Sellers need to understand the price story their home is actually telling. After 43+ years pricing Tampa Bay homes, our team can share what every seller should know about home prices today.

The trend, not the day

Daily and weekly price headlines move with noise. The underlying trend in Tampa Bay continues to be moderate appreciation, with submarket variation.

Your home is worth what buyers will pay

Not Zillow’s estimate. Not the neighbor’s 2022 sale. Not what you paid plus your renovations. Current closed comps are the only honest measure.

Submarket matters more than headlines

National price data tells you nothing about your specific block. Coastal Pinellas, inland Hillsborough, Lakewood Ranch, Sarasota, and Port Charlotte all move at different rates.

Time on market signals price accuracy

If you hit 14 days without a qualified offer in a normal Tampa Bay market, the price is the problem. Adjust early before the listing goes stale.

The bottom line

Honest pricing beats hopeful pricing every time. Our team is happy to provide a free CMA for your home.

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