Tampa is more than an investment opportunity, the city provides a high quality of life for its residents and long-term visitors alike. With multiple attractions, including Busch Gardens, the Lowry Park Zoo, Adventure Island, The Florida Aquarium and the Museum of Science and Industry, Tampa offers families endless educational and recreational events year-round. With notoriously warm weather and clear skies, Tampa is the ideal setting for outgoing individuals. Whether a trip to St. Pete or Clearwater for a day at the beach feels needed, or an adventurous bike ride through Hillsborough River State Park is in order, Tampa's central location doesn't disappoint.
Tampa's real estate market is picking up 27.7 percent by seller asking price, year-over-year. The 2014 average list price was $239,793 and rose to $306,227 in 2015. Such a large surge is a positive trend for current homeowners and new buyers in the Tampa area looking to profit from rapidly increasing property values. But, buyers starting their searches should be aware of declining inventory in the Tampa metro. The number of homes for sale on Trulia decreased 23.04 percent year-over-year, with 4,076 homes for sale in 2014 and 3,137 homes for sale in 2015. However, Tampa is only comprised of 335,723 residents. Cities with similar populaces - 300 to 400,000 residents - had an average of 1,542 listings in 2015. Although inventory is tighter than it was a few years ago, it's still a high percentage in comparison to the number of residents and homeowners in Tampa.