The continuous increase in Tampa Bay home prices affirms the Top 10 ranking of the Tampa Bay metro area in the BiggerPockets Real Estate Investment Market Index for 2015.
The Tampa-St. Petersburg-Clearwater metro area ranked No. 6 in BiggerPockets’ list of the Top 10 Best Markets for Real Estate Investors. BiggerPockets analyzed residential price appreciation and rents in relation to property values in the country’s 50 largest metro areas. BiggerPockets is considered the biggest and most active real estate investing community online, with more than 300,000 members. If you are considering investing, then check out this article about seafarer earning deduction.
The 10 Top Markets for Real Estate Investors for the year 2015, according to BiggerPockets are:
| Rank | Metro Area | Total Return Rate* |
| 1 | Dallas, Texas | 19.54% |
| 2 | Denver, Colorado | 18.90% |
| 3 | Miami, Florida | 18.57% |
| 4 | Houston, Texas | 18.52% |
| 5 | Atlanta, Georgia | 16.45% |
| 6 | TAMPA, Florida | 16.42% |
| 7 | Detroit, Michigan | 16.17% |
| 8 | Austin, Texas | 15.62% |
| 9 | Las Vegas, Nevada | 15.34% |
| 10 | Orlando, Florida | 14.93% |
* Total Return Rate was computed based on home price appreciation and rent-to-value ratio
Median Sale Prices of Single-Family Homes Sold from August 2013 to August 2015
The year-over-year increases in median sale prices of Tampa Bay homes, based on data from the Greater Tampa Association of Realtors (GTAR), were continuous over the two-year period from August 2013 to August 2015, except for the month of May 2014.
| Month | Median Sale Price | % of Price Increase Year-over-Year |
| August 2015 | $175,000 | 9.4% |
| July 2015 | $176,000 | 4.7% |
| June 2015 | $180,000 | 10.9% |
| May 2015 | $175,500 | 12.5% |
| April 2015 | $170,000 | 13.3% |
| March 2015 | $166,918 | 11.3% |
| February 2015 | $154,000 | 4.4% |
| January 2015 | $145,000 | 6.4% |
| December 2014 | $162,000 | 2.5% |
| November 2014 | $160,000 | 6.7% |
| October 2014 | $159,900 | 6.6% |
| September 2014 | $159,900 | 3.2% |
| August 2014 | $160,000 | 0.0% |
| July 2014 | $168,110 | 1.9% |
| June 2014 | $162,250 | 2.4% |
| May 2014 | $156,000 | -1.3% |
| April 2014 | $150,000 | 4.9% |
| March 2014 | $150,000 | 4.1% |
| February 2014 | $147,500 | 9.3% |
| January 2014 | $136,250 | 8.1% |
| December 2013 | $158,000 | 16.2% |
| November 2013 | $150,000 | 7.1% |
| October 2013 | $150,000 | 15.4% |
| September 2013 | $155,000 | 19.2% |
| August 2013 | $160,000 | 23.1% |
Median Sale Prices of Townhouses and Condos Sold from August 2013 to August 2015
Every month from August 2013 to August 2015, the median sale price of condos and townhouses sold increased year-over-year.
| Month | Median Sale Price | % of Price Increase Year-over-Year |
| August 2015 | $124,600 | 8.3% |
| July 2015 | $117,000 | 1.7% |
| June 2015 | $116,000 | 4.2% |
| May 2015 | $122,000 | 10.9% |
| April 2015 | $120,000 | 11.1% |
| March 2015 | $115,000 | 9.5% |
| February 2015 | $106,400 | 12.1% |
| January 2015 | $100,000 | 3.6% |
| December 2014 | $114,000 | 7.5% |
| November 2014 | $104,250 | 6.4% |
| October 2014 | $116,000 | 14.9% |
| September 2014 | $105,500 | 9.9% |
| August 2014 | $115,000 | 15.1% |
| July 2014 | $115,000 | 8.2% |
| June 2014 | $111,281 | 9.6% |
| May 2014 | $110,000 | 12.9% |
| April 2014 | $108,000 | 12.5% |
| March 2014 | $105,000 | 14.1% |
| February 2014 | $94,950 | 11.8% |
| January 2014 | $96,500 | 17.7% |
| December 2013 | $106,069 | 21.9% |
| November 2013 | $98,000 | 15.3% |
| October 2013 | $101,000 | 15.1% |
| September 2013 | $96,000 | 10.4% |
| August 2013 | $99,950 | 17.6% |
Another favorable indicator for real estate investors in the Tampa Bay metro area is the ratio of sale price to list price. The tables below for single-family homes, condos and townhouses show that over the two-year period, home sellers got much of what they desired. For single-family homes, sellers got nearly 95% of what they wanted over the four-month period from May 2015.
Comparison of Sale Price to List Price for Single-Family Homes Sold from August 2013 to August 2015
| Month | Average Percent of List Price |
| Received by Seller | |
| August 2015 | 94.7% |
| July 2015 | 94.4% |
| June 2015 | 94.6% |
| May 2015 | 94.4% |
| April 2015 | 93.9% |
| March 2015 | 93.1% |
| February 2015 | 92.4% |
| January 2015 | 92.5% |
| December 2014 | 93.1% |
| November 2014 | 92.8% |
| October 2014 | 92.8% |
| September 2014 | 92.6% |
| August 2014 | 93.1% |
| July 2014 | 93.2% |
| June 2014 | 93.1% |
| May 2014 | 93.0% |
| April 2014 | 92.4% |
| March 2014 | 92.5% |
| February 2014 | 92.1% |
| January 2014 | 92.7% |
| December 2013 | 93.0% |
| November 2013 | 93.7% |
| October 2013 | 94.7% |
| September 2013 | 94.7% |
| August 2013 | 94.7% |
Comparison of Sale Price to List Price for Townhouses and Condos Sold from August 2013 to August 2015
| Month | Average Percent of List Price |
| Received by Seller | |
| August 2015 | 93.3% |
| July 2015 | 93.5% |
| June 2015 | 93.4% |
| May 2015 | 93.0% |
| April 2015 | 92.7% |
| March 2015 | 92.3% |
| February 2015 | 91.5% |
| January 2015 | 91.6% |
| December 2014 | 92.0% |
| November 2014 | 91.9% |
| October 2014 | 92.1% |
| September 2014 | 92.3% |
| August 2014 | 92.2% |
| July 2014 | 92.3% |
| June 2014 | 92.0% |
| May 2014 | 91.8% |
| April 2014 | 91.8% |
| March 2014 | 91.4% |
| February 2014 | 91.7% |
| January 2014 | 92.2% |
| December 2013 | 92.8% |
| November 2013 | 92.9% |
| October 2013 | 93.2% |
| September 2013 | 94.1% |
| August 2013 | 93.3% |
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