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Luxury › Markets › Hillsborough › Tampa
Hillsborough County · City report

Luxury homes in Tampa

Tampa has 71 luxury pockets where the median closing is $1M or more: 254 closed sales in the last 6 months at a median $1.56M and $473 per square foot, with 204 on the market today. Nothing is for sale here at all — 37 sold, none listed in Westshore Yacht Club Aqua Tower 1, Tampa.

Luxury pockets
71
median $1M+
Median closing
$1.56M
254 sales · 6 months
Per square foot
$473
city luxury benchmark
For sale now
204
across all pockets

What stands out in Tampa

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

About 1.5 months of supply — there is almost nothing to buy here — Virginia Park, Tampa

16 homes closed in Virginia Park (Tampa) in the last 6 months and only 4 are on the market today (7 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 buying

Median 187 days to contract — time is on the buyer's side — Bel Mar Shores Rev, Tampa

Luxury homes in Bel Mar Shores Rev (Tampa) take a median 187 days to go under contract, and 60% of sellers cut price along the way. A listing that has been sitting past that median is the negotiation; one that just came on is not.

If you are selling

About 1.7 months of supply — there is almost nothing to buy here — Morrison Grove Sub, Tampa

7 homes closed in Morrison Grove Sub (Tampa) in the last 6 months and only 2 are on the market today (1 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

Sellers here start about 16% above what buyers actually pay — Hyde Park West, Tampa

Across 5 closed homes in Hyde Park West (Tampa), the median sale came in at 84% of the ORIGINAL asking price, and 80% of those sellers cut their price before they found a buyer. Median time to contract was 46 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

Sellers here start about 12% above what buyers actually pay — Ridgewood Park, Tampa

Across 5 closed homes in Ridgewood Park (Tampa), the median sale came in at 88% of the ORIGINAL asking price, and 60% of those sellers cut their price before they found a buyer. Median time to contract was 49 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.

Every luxury pocket in Tampa

PocketMedian$/sfSalesFor saleMonths
Westshore Yacht Club Aqua Tower 1
Condo · Nothing is for sale here at all — 37 sold, none listed
$2.02M $838 37 0 0
Bayshore Ysabella Condominium
Condo · Median 103 days to contract — time is on the buyer's side
$2.48M $829 7 11 9.3
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
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
Parkland Estates Rev
Single-family · Commands 34% more per square foot than Tampa
$2.39M $620 6 4 3.9
Bel Mar Rev Island Unit
Single-family · Commands 27% more per square foot than Tampa
$2.6M $584 3 ≤1 —
Henderson Beach
Single-family · About 11.8 months of luxury inventory — buyers set the pace
$1.4M $523 3 6 11.8
Buffalo Heights
Single-family · 67% cut their price and it still took 68 days
$1.15M $384 3 3 5.9
Davis Islands Rep of Pt O
Single-family · About 23.7 months of luxury inventory — buyers set the pace
$4.5M $714 1 4 23.7
3105 Bay Oaks Condominium
Condo · About 17.7 months of luxury inventory — buyers set the pace
$2.8M $953 1 3 17.7
Hyde Park House Condominium
Condo · About 17.7 months of luxury inventory — buyers set the pace
$2.04M $933 1 3 17.7
Lynwood
Single-family · About 17.7 months of luxury inventory — buyers set the pace
$1.95M $509 1 3 17.7
Bay City Rev Map
Single-family · About 17.7 months of luxury inventory — buyers set the pace
$1.85M $520 1 3 17.7
Lingerlong
Single-family · About 17.7 months of luxury inventory — buyers set the pace
$1.77M $816 1 3 17.7
Marina Pointe East
Condo · About 8.9 months of luxury inventory — buyers set the pace
$1.77M $652 2 3 8.9
Palma Vista
Single-family · About 17.7 months of luxury inventory — buyers set the pace
$1.56M $382 1 3 17.7
Bayside West
Single-family · About 17.7 months of luxury inventory — buyers set the pace
$1.47M $443 1 3 17.7
Bel Mar Rev Unit 9 Revi
Single-family · About 17.7 months of luxury inventory — buyers set the pace
$1.3M $444 1 3 17.7
Gandy Blvd Park Add
Single-family · About 17.7 months of luxury inventory — buyers set the pace
$1.19M $371 1 3 17.7
Bel Mar Unit 3
Single-family · About 17.7 months of luxury inventory — buyers set the pace
$1.14M $301 1 3 17.7
Bel Mar Unit 2
Single-family · About 8.9 months of luxury inventory — buyers set the pace
$1.11M $428 2 3 8.9
Virginia Terrace
Single-family
$1.62M $445 3 ≤1 —
Bayhill Estates
Single-family
$1.6M $434 3 1 2
Bayport Village
Single-family
$1.57M $417 3 3 5.9
Palmere
Single-family
$1.29M $417 3 ≤1 —
Wellswood Estates
Single-family
$1.07M $375 3 ≤1 —
The Parkside of One Bayshore
Condo
$1.02M $760 3 1 2
Bayshore Estates 4
Single-family
$5.08M $927 2 1 3
Omar Sub
Single-family
$3.38M $596 2 2 5.9
Avila Unit 1
Single-family
$2.48M $511 2 1 3
Virage Bayshore
Condo
$2.44M $732 2 1 3
Lykes H T Sub
Single-family
$1.88M $555 2 ≤1 —
Altura Bayshore
Condo
$1.86M $742 2 1 3
Bel Mar Rev Unit 5
Single-family
$1.33M $451 2 ≤1 —
Barr City
Single-family
$1.32M $487 2 2 5.9
Bayshore Residences and Townhomes
Townhouse
$1.31M $433 2 2 5.9
Oakland Park Corr Map
Single-family
$1.27M $466 2 ≤1 —
Southland Add
Single-family
$1.26M $383 2 2 5.9
River Heights
Single-family
$1.19M $515 2 ≤1 —
West Shore Crest
Single-family
$1.16M $434 2 2 5.9
Albany Walk Townhomes
Townhouse
$1.08M $408 2 1 3
Bayshore Estates
Single-family
$4M $613 1 1 5.9
Sunset Park Isles Unit 4
Single-family
$3.95M $766 1 2 11.8
Waverly Village
Single-family
$3.48M $2292 1 2 11.8
Morrison Court
Single-family
$3.3M $634 1 2 11.8
Bayshore Beautiful Sub
Single-family
$2.83M $548 1 2 11.8
West Highlands
Townhouse
$1.7M $531 1 1 5.9
Bayside Village
Single-family
$1.6M $470 1 2 11.8
Southern Pines
Single-family
$1.5M $463 1 2 11.8
Azeele Park
Single-family
$1.45M $459 1 2 11.8
Bel Mar Rev Unit 1
Single-family
$1.32M $448 1 2 11.8
Shell Point
Single-family
$1.1M $447 1 2 11.8
Barbara Lane Sub
Single-family
$1.02M $361 1 2 11.8
Maryland Manor 2nd Unit
Single-family
$1.74M $460 6 3 3
Old Memorial Sub Ph
Single-family
$1.63M $373 4 ≤1 —
Forest Hills
Single-family
$1.04M $383 4 ≤1 —

Pockets without a link had fewer than three closed sales in the window — too thin for a reliable benchmark, which is worth knowing in itself. Ask me directly about those.

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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