Ari AbdiTampa Bay Luxury · 1 Realty Group LLC
Luxury › Markets › Hillsborough
Tampa Bay · County report

Hillsborough County luxury market

Hillsborough County has 92 luxury pockets where the median closing is $1M or more — 325 closed sales in the last 6 months at a median $1.46M and $455 per square foot, against 245 on the market today. Trading 40% below the Hillsborough County luxury $/sf in Barrington Preserve, Brandon.

Luxury pockets
92
median $1M+
Median closing
$1.46M
325 sales · 6 months
Per square foot
$455
county luxury benchmark
For sale now
245
luxury listings

The strongest signals in Hillsborough right now

If you are investing

Trading 40% below the Hillsborough County luxury $/sf — Barrington Preserve, Brandon

Closed sales in Barrington Preserve (Brandon) run $269/sf against a $445/sf benchmark for luxury single-family in Hillsborough County. That gap is either a condition and finish story — which renovation capital closes — or a location the market prices differently on purpose. Which one it is decides whether this is an opportunity or a trap, and it is not answerable from a spreadsheet.

If you are selling

Nothing is for sale here at all — 10 sold, none listed — Barrington Preserve, Brandon

10 homes closed in Barrington Preserve (Brandon) in the last 6 months and not one is on the market today. Buyers who want this pocket have no alternatives, which is the one condition that makes a strong number stick.

If you are selling

Nothing is for sale here at all — 37 sold, none listed — Westshore Yacht Club Aqua Tower 1, Tampa

37 condos closed in Westshore Yacht Club Aqua Tower 1 (Tampa) in the last 6 months and not one is on the market today. Buyers who want this pocket have no alternatives, which is the one condition that makes a strong number stick.

If you are selling

Sellers here start about 13% above what buyers actually pay — Ladera, Lutz

Across 6 closed homes in Ladera (Lutz), the median sale came in at 87% of the ORIGINAL asking price, and 67% of those sellers cut their price before they found a buyer. Median time to contract was 64 days. At this price point that opening number costs real money: the first two weeks of buyer attention are spent on a number the market has already rejected.

If you are selling

About 2 months of supply — there is almost nothing to buy here — Ladera, Lutz

6 homes closed in Ladera (Lutz) in the last 6 months and only 2 are on the market today (2 more already under contract). Buyers who want this pocket have no alternatives, which is the one condition that makes a strong number stick.

If you are selling

Nothing is for sale here at all — 7 sold, none listed — Mirabay Ph 1b 1 2a 1 3b 1, Apollo Beach

7 homes closed in Mirabay Ph 1b 1 2a 1 3b 1 (Apollo Beach) in the last 6 months and not one is on the market today. Buyers who want this pocket have no alternatives, which is the one condition that makes a strong number stick.

Luxury by city

CityPocketsMedian$/sfSalesFor sale
Tampa 71$1.56M $473254204
Odessa 8$1.27M $3322518
Lutz 3$1.21M $290137
Apollo Beach 4$1.19M $322118
Brandon 1$1.01M $269100
Lithia 2$1.25M $31852
Ruskin 1$1.24M $43241
Thonotosassa 1$2.08M $40823
Plant City 1$1.55M $31412

Most active luxury pockets

PocketMedian$/sfSalesFor saleMonths
Barrington Preserve
Single-family · Trading 40% below the Hillsborough County luxury $/sf
$1.01M $269 10 0 0
Westshore Yacht Club Aqua Tower 1
Condo · Nothing is for sale here at all — 37 sold, none listed
$2.02M $838 37 0 0
Ladera
Single-family · Sellers here start about 13% above what buyers actually pay
$1.78M $355 6 2 2
Bayshore Ysabella Condominium
Condo · Median 103 days to contract — time is on the buyer's side
$2.48M $829 7 11 9.3
Mirabay Ph 1b 1 2a 1 3b 1
Single-family · Nothing is for sale here at all — 7 sold, none listed
$1.13M $349 7 0 0
Virginia Park
Single-family · About 1.5 months of supply — there is almost nothing to buy here
$1.26M $443 16 4 1.5
Bel Mar Shores Rev
Single-family · Median 187 days to contract — time is on the buyer's side
$2.4M $473 5 7 8.3
Davis Islands Pb10 Pg52 To 57
Single-family · 53% of sales here went under contract within two weeks
$1.43M $576 17 19 6.6
Morrison Grove Sub
Single-family · About 1.7 months of supply — there is almost nothing to buy here
$2.2M $645 7 2 1.7
Hyde Park West
Single-family · Sellers here start about 16% above what buyers actually pay
$2M $608 5 2 2.4
Ridgewood Park
Single-family · Sellers here start about 12% above what buyers actually pay
$1.46M $462 5 4 4.7
Brobston Fendig Co Half Wa
Single-family · Sellers here start about 10% above what buyers actually pay
$1.2M $379 5 ≤1 —
Sunset Park
Single-family · 50% cut their price and it still took 88 days
$2.02M $541 10 18 10.6
The Plaza Harbour Island A Con
Condo · Sellers here start about 10% above what buyers actually pay
$1.39M $713 4 5 7.4
Castillo at Westshore Yacht Cl
Condo · Trading 31% below the Tampa luxury $/sf
$1.29M $519 3 4 7.9
Victoria Lakes
Single-family · Median 150 days to contract — time is on the buyer's side
$1.07M $310 4 6 8.9
Antigua Cove Ph 1
Single-family · Sellers here start about 10% above what buyers actually pay
$1.24M $432 4 1 1.5
Creek Rdg Preserve
Single-family · Trading 35% below the Hillsborough County luxury $/sf
$1.24M $288 4 ≤1 —
Pershing Park
Single-family · Sellers here start about 16% above what buyers actually pay
$1.02M $445 4 ≤1 —
Riverside Heights
Single-family · Median 111 days to contract — time is on the buyer's side
$1.27M $337 3 5 9.9
Davis Islands
Single-family · Median 108 days to contract — time is on the buyer's side
$1.07M $460 4 ≤1 —
Beach Park
Single-family · About 10.2 months of luxury inventory — buyers set the pace
$1.9M $558 11 19 10.2
Waterchase Ph 1
Single-family · Trading 36% below the Tampa luxury $/sf
$1.01M $294 3 ≤1 —
Tampa Palms
Single-family · Trading 41% below the Tampa luxury $/sf
$1M $270 3 2 3.9
Byars Thompson Add Davis
Single-family · Commands 39% more per square foot than Tampa
$2.42M $641 3 4 7.9

What the whole market has measured

Selling
33%

of $1M+ homes listed January 2024 to October 2025 didn’t sell within a year, counting private sales.

Selling
97% → 90%

of the first price: an offer in the first 30 days, then after.

Buying
40% vs 25%

of homes in flood zone AE vs zone X didn’t sell within a year (listed since 2024).

Investing
$327/sq ft

was the typical break-even building budget on 341 lots and teardowns that became $1M+ homes since 2024.

What is actually happening with the property you are thinking about?

These pages carry market statistics, not a valuation. Tell me the property or the plan and I will put the analysis together myself.

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