2025 E-Insights Report

Housing Market Hotness

• Leading MSAs in terms of housing market activity and demand included Dallas, Denver, and Portland, consistently ranking high due to sustained market momentum.
• The market hotness in Tampa Bay peaked in 2021, driven by strong housing demand and migration, but normalized through 2023 as conditions stabilized.
• Tampa Bay ranked third in 2021, dropped to 17th in 2022, and rebounded to ninth in 2023, demonstrating resilience and maintaining strong competitiveness in the housing market compared to other MSAs. The 2023 recovery in Tampa Bay presents an opportunity to sustain market momentum by improving housing affordability, investing in infrastructure, and addressing supply-demand imbalances to attract long-term residents and investors.

Trend Over Time

Competitive Position Trend

_{The percentage change in Median Days on Market measures how long homes are listed before being sold or removed, highlighting housing market activity and demand trends. Source: Market Hotness: Median Days on Market, retrieved from FRED, Federal Reserve Bank of St. Louis.}