In September 2026, Tampa’s market was moving at two very different speeds.

What Smith & Associates Reported

In Tampa Real Estate Has Two Speeds Right Now, Smith & Associates described:

• An everyday market that is steady and buyer-friendly
• A luxury market that keeps climbing on tight supply
• Tampa luxury inventory down about 16% and luxury sales up about 6%, citing Redfin

Waterstone’s Take

This is the South Tampa story in one line. True waterfront and well-located lots are limited, so new luxury homes in the right neighborhoods remain in demand even as the broader market cools.

Market data and reporting: Smith & Associates Real Estate, citing Redfin. Waterstone’s commentary is our own.

Keep Reading

See all five months together in Michael Carrier on South Tampa’s Luxury Market, or take the 3D tour of 308 Caspian St, Waterstone’s award-winning home on Davis Islands.