Market Update

Brentwood Hills Market Snapshot  Brandon / Valrico, FL

Current Homes for Sale: ~ 13 active listings

Homes Sold in Last 60 Days: ~ 19 closings

Average Days on Market: ~ 44 days

Average Sale Price: ~$489,950 (median)

Market Takeaway: With just over a dozen active listings and nearly 20 sales in the past two months, inventory is still limited, but demand remains steady. Homes are moving in roughly a month and a half, and the average sales price is holding strong — signaling a balanced market leaning slightly toward sellers.

Forecast: Next Quarter (3 months)

1. Slower Appreciation / Price Softening

• Home prices are unlikely to see strong double-digit jumps; modest gains or slight declines are more probable.

• Some neighborhoods around Valrico are already seeing downward pressure on prices.

• On a statewide level, experts expect more stabilization or slight downward movement in the short term as inventory rises.

• Zillow’s national forecast suggests listing prices may drop nearly 2% by year’s end, which could moderate local pricing too.

2. Rising Inventory & Buyer Leverage

• More homeowners may choose to list, especially if they feel priced out of buying again, which would increase supply.

• As inventory grows, buyers could gain more negotiating room — more requests for concessions, inspections, or flexible closing terms.

• In Tampa Bay (which includes our region), predictions point to a more balanced market with less of a seller’s premium.

3. Longer Time on Market (DOM)

• Days on market are likely to inch up — homes may linger longer before receiving offers.

• Hillsborough County is already showing signs of listings taking longer to sell.

• Sellers who price aggressively may still move more quickly, but overpricing will likely backfire more often.

4. Interest Rate Sensitivity

• Mortgage rates may decline slightly, but not dramatically, so affordability will remain a key constraint.

• Buyers will be more cautious, and many will delay or downsize their search to match budget constraints.

5. Selective Strength in “Move-In Ready” / Upgraded Homes

• Homes with high appeal — smart baselines, modern finishes, curb appeal — will still command better attention and may outperform less polished listings.

• Homes needing heavy rehab or with deferred maintenance may underperform.

What This Means for Sellers & Buyers in Brentwood Hills

• Sellers: The premium for being perfectly timed is tapering. Competitive pricing, staging, and flexibility will matter more than ever.

• Buyers: You may have more room to negotiate, but act smart — you don’t want to wait so long that prices rebound.

• Watch for: Moves in interest rates, changes in inventory, and local employment/economic shifts that could amplify or dampen trends.