1. News

September a strong month for Tampa Bay home sales, prices

It was the best month overall in several months for the four-county area
An aerial view of Mandalay Point in Clearwater where three expensive properties have sold since July. [The Thorn Collection]
An aerial view of Mandalay Point in Clearwater where three expensive properties have sold since July. [The Thorn Collection]
Published Oct. 22, 2019

Sales of single-family homes jumped in the Tampa Bay area in September as all four counties had among their strongest showings so far this year.

Hillsborough saw its biggest increase in prices since December — up 5 percent year over year — while Pasco, Pinellas and Hernando fared well in both sales and prices.

That was welcome news to Douglas Elliman Real Estate, a large independent brokerage that has several offices in South Florida but only recently entered the Tampa Bay market. In issuing its first report for St. Petersburg, the company said the Sunshine City is becoming more attractive to residents of high-tax states like New York.

"St. Petersburg was one of the standout regions in Florida this quarter,'' Jay Phillip Parker, chief executive office of Elliman’s Florida brokerage, said referring to the three months ended in September.

RELATED: Big newcomer to Tampa Bay’s real estate market is bullish on the area’s value and ‘kitschy-esque’ charm

Figures released Tuesday by Florida Realtors show solid gains for the entire bay area last month:

Pinellas — Sales of single-family homes up 9.4 percent in September, prices up 6.3 percent to a median of $272,250.

Hillsborough — Sales up 9.5 percent, prices up 5 percent to a median of $255,500.

Pasco — Sales up 14 percent, prices up 9.7 percent to a median of $236,750.

Hernando — Sales up 12.8 percent, prices up 11.7 percent to a median of $189,945.

The top price paid in September was $9 million for a vintage four-bedroom, three-bath "cottage'' on Mandalay Point, a Clearwater enclave of 12 homes overlooking both the Gulf of Mexico and the Intracoastal Waterway. Bought by a limited liability company, it is the third Mandalay Point property to change hands since July. Arnold Bellini, co-founder of the software firm ConnectWise, and wife Lauren paid a total of $20.25 million this summer for two parcels that together would be Tampa Bay’s priciest residential transaction ever.

RELATED: Co-founder of Tampa firm ConnectWise buys two Clearwater Beach gulf-front parcels for $20.25 million.

Hillsborough’s priciest sale, $2.8 million, was an off-market deal for a three-bedroom, three-bath house built on Tampa’s Davis Islands in 1947. In Pasco, a buyer paid $900,000 for a riverfront home in New Port Richey while Hernando tallied one of its most expensive sales in years — $1,068,503 for a house in Brooksville’s Southern Hills Plantation.

Statewide, sales jumped 11.5 percent while single-family home prices rose 5.3 percent to a median of $265,000.

Nationally, sales of existing homes — condos and townhomes as well as houses— rose nearly 4 percent while prices were up nearly 6 percent to a median of $256,9000.


  1. The area will be closed to drivers headed north and south from 6 a.m. to 9 a.m. through Friday.
  2. FILE - In this Dec. 14, 2009 file photo, Frank Knight, 101, of Yarmouth, Maine, stands in front of an elm tree known as "Herbie" in Yarmouth. Knight took care of the tree for about 50 years while working as the Yarmouth tree warden. The tree, estimated to be 217 years old, was cut down Jan. 19, 2010 after suffering numerous bouts of Dutch elm disease. "Herbie" may be gone, but he'll live on in cloned trees that are now being made available to the public. (AP Photo/Steven Senne, File) [STEVEN SENNE  |  AP]
    What was once a 213-year-old tree will now be available for purchase — in the form of thousands of cloned versions of the tree once named ‘Herbie.’
  3. Tampa Premium Outlets, 2300 Grand Cypress Drive. The area’s newest outlet is touting the shop tax free weekend and extra savings on top of already reduced prices.
    Deputies are searching for a suspect. There is no public safety threat.
  4. A SpaceX Falcon 9 rocket lifts off from Cape Canaveral Air Force Station, Monday, Nov. 11, 2019, in Cape Canaveral, Fla. SpaceX launched 60 mini satellites Monday, the second batch of an orbiting network meant to provide global internet coverage. (Craig Bailey/Florida Today via AP) [CRAIG BAILEY/FLORIDA TODAY  |  AP]
    No one was aboard for the wild ride in the skies above Cape Canaveral, just two mannequins.
  5. social card for breaking news in crime, for web only
    The driver lost control and crashed into an overpass wall.
  6. social card for breaking news in crime, for web only
    The woman called a second man for help, who shot the man, according to authorities.
  7. The Stewart Detention Center is seen through the front gate, Friday, Nov. 15, 2019, in Lumpkin, Ga. The rural town is about 140 miles southwest of Atlanta and next to the Georgia-Alabama state line. The town’s 1,172 residents are outnumbered by the roughly 1,650 male detainees that U.S. Immigration and Customs Enforcement said were being held in the detention center in late November. (AP Photo/David Goldman) [DAVID GOLDMAN  |  AP]
    The Associated Press sent journalists throughout the country to immigration court.
  8. Mike Bishop joins Pasco EDC staff. [Pasco EDC]
    News and notes on Pasco businesses
  9. Hernando County community news [Tara McCarty]
    News and notes on Hernando businesses
  10. Ed Turanchik is a lawyer and former Hillsborough County commissioner. [Times (2016)]
    Politico Ed Turanchik is warned for lobbying about the MacDill ferry after his status as a consultant ended.