What's happening in Tampa Bay? (November)

Randy Zabukovec

a city at night with the words tampa bay insider including insightful perspective on what

Hey <<First Name>>,

Hope this finds you in the best of times. Check out our real estate market update and local recommendations for the month of November. Hope yours is filled with love, gratitude, and big wins!

Tampa Bay

October 2025

Average Sale Price $429k

Days On Market 74

Active Listings 17199

Homes Sold 3050

Current Mortgage Rates

30 Yr. Fixed 6.29%

15 Yr. Fixed 5.80%

30 Yr. Jumbo 6.40%

5/1 Arm 6.01%

Tampa Bay Real Estate Market Update

Mortgage rates in October remained steady at approximately 6.2% and demand continues due to strong employment and inventory limitations. In late October, the Federal Reserve cut its benchmark interest rate by 0.25%.

Tampa Bay’s job market continues to thrive, with approximately 4,200 new jobs added this month throughout healthcare, technology, and professional services. The unemployment rate remained low at 2.9%, supporting a healthy economy and sustained housing demand.

Tampa Bay’s housing market remains resilient, driven by strong employment and controlled inflation. As mortgage rates continue to improve and limited inventory supports upward price momentum, it’s becoming an appealing environment for both buyers and sellers.

With the complexities of market conditions, it’s smart to lean on the guidance of an experienced local real estate professional. Let’s connect and start strategizing on your future pursuits.

INVEST IN LOCAL MARKETS

Tampa Bays monthly markets showcase an array of local vendors, artisans, and entrepreneurs. Discover an abundance of fresh produce, handmade crafts, unique artwork, vintage wares, and delicious food offerings. Tampa Bay’s Monthly Markets.

Inventory’s up in every region compared to this time last year. That means more homes to choose from, more room to negotiate, and far less stress. Prices are softening, mortgage rates are easing off their highs, and the intense pressure buyers felt over the past few years has cooled. If you paused your search because the market didn’t feel right for you, it might be time to take another look.

Elliott Aster

501 5th Ave NE

St. Petersburg FL 33701

727-824-8072

Elliott Aster brings redefined dining to The Vinoy. Led by award winning Chcf Lee Wolen, the menu features wood-fired steaks, handcrafted pastas, and fresh seafood, along with our signature antipasta bar.

www.elliottaster.com

8506 Sunstate Street

Tampa, FL 33634

813-884-5793

www.bastcorp.com

“If you’re looking for true craftsman to help with your wood, stone, tile floors or staircases, I highly recommend Bast Floors. I’ve worked with them on multiple projects and they bring excellent consult, an exceptional skillset, and outstanding results.”

Randy Zabukovec

It’s not the reason most people think, but nearly 70% of agents say inspections are the top reason buyers back out. Not financing. Not rates. Repairs. There’s a way sellers can prevent this from happening and it’s a pre-listing inspection. While it’s not required, it can help you find (and fix) issues before you list your home.

The Holidays are especially hard on families who are struggling. Who doesn’t want to make Thanksgiving and Christmas special for their children? Your gift will be matched by a generous donor.

813-209-1000

www.metromin.org

Donate a turkey to a homeless family for the holidays for $20

About Me

Born and raised in the midwest, proud U.S. Veteran, graduated from Southern Illinois University and moved to Tampa Bay over 25 years ago.

Real estate investor and advisor with Tomlin St Cyr Real Estate Services. Dedicated to educating and empowering clients to earn excellent outcomes, while providing them with world class service.

Community advocate and champion causes locally, domestically, and internationally. Enjoy spending time with my dog Rip. Love showcasing Tampa Bay, as it’s truly one of the most beautifully unique and natural settings our country has to offer.