Multiple offers still happen, but they are less common than a year or two ago. That shift gives Tampa, Riverview, and greater Hillsborough County buyers more time to compare homes and more room to negotiate smart terms.
A national agent survey shows about one in five recent sales involved multiple offers. That is down from roughly one in three last year. For a clear explanation of how that survey tracks bidding activity, see John Burns Research and Consulting agent survey and NAR’s REALTORS Confidence Index. These sources help frame expectations as you plan offers or pricing.
REALTORS® Confidence Index
Conditions vary neighborhood by neighborhood. Many Tampa zip codes have more active listings than last year and properties are taking longer to go under contract. That usually means fewer bidding wars and more flexibility on terms. For a quick pulse on pricing and days on market in the city, review Redfin’s Tampa market page.
Redfin Tampa housing market
Less competition changes the playbook. We recommend:
Sellers are also more open to give and take. A recent national study shows nearly half of sellers offered concessions like help with closing costs or a rate buydown. Review Redfin’s concessions analysis for context on what is common right now.
Redfin seller concessions analysis
You can still achieve a strong result with the right strategy.
For a broader market backdrop as you plan, check NAR’s latest Existing-Home Sales update to understand supply and sales trends.
NAR Existing-Home Sales newsroom update
