{"id":595,"date":"2021-02-18T14:35:55","date_gmt":"2021-02-18T14:35:55","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=595"},"modified":"2023-03-10T08:13:26","modified_gmt":"2023-03-10T08:13:26","slug":"tampa-real-estate-market-trends-winter-2021","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/tampa-real-estate-market-trends-winter-2021\/","title":{"rendered":"Tampa Real Estate Market Trends &#8211; Winter 2021"},"content":{"rendered":"<h2>Warm Climate Boosts Tampa&#8217;s Rental Market<\/h2>\n<p>Mirroring nationwide trends of contrasting growth between gateway markets and lower-cost metros, Tampa\u2019s rental market not only proved resilient in the face of economic hardship but also showcased strong performance in 2020. The metro led the top 30 markets for short-term rent gains in December, while rents on a trailing three-month basis were up 0.8% to $1,337, just below the $1,462 U.S. average.<\/p>\n<p>In the 12 months ending in November, Tampa\u2019s employment sector shed a combined 63,900 jobs, with leisure and hospitality carrying the weight of the loss (down 31,000 jobs). While job improvement is still sluggish, Tampa led growth in small-business employment as of December, according to the Small Business Employment Watch by Paychex. For December, the metro\u2019s overall index stood at 96.84.<\/p>\n<p>Tampa had 14,157 units under construction as of December, with 85% of those aimed at high-income renters. More than half of the pipeline (62%) is expected to come online in 2021. Some $2.5 billion in assets traded in 2020 through December, for a 36% decline from 2019. While the pandemic curbed sales activity, the moderation came after the decade\u2019s cycle peak of $3.8 billion in 2019.<\/p>\n<p>Read the full <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/1204-MatrixMultifamilyTampaReport-Winter2021?utm_source=Matrix-Blog&amp;utm_medium=Social\"><strong>Matrix Multifamily Tampa Report-Winter 2021<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warm Climate Boosts Tampa&#8217;s Rental Market Mirroring nationwide trends of contrasting growth between gateway markets and lower-cost metros, Tampa\u2019s rental market not only proved resilient in the face of economic hardship but also showcased strong performance in 2020. The metro led the top 30 markets for short-term rent gains in December, while rents on a [&hellip;]<\/p>\n","protected":false},"author":650,"featured_media":596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[221,469],"class_list":["post-595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-multifamily-outlook-2021","tag-tampa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tampa Real Estate Market Trends - Winter 2021 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Tampa\u2019s rental market not only proved resilient in the face of economic hardship but also showcased strong performance in 2020.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/tampa-real-estate-market-trends-winter-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tampa Real Estate Market Trends - Winter 2021\" \/>\n<meta property=\"og:description\" content=\"Tampa\u2019s rental market not only proved resilient in the face of economic hardship but also showcased strong performance in 2020.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/tampa-real-estate-market-trends-winter-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-18T14:35:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-10T08:13:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2021\/03\/Tampa-iStock-1271462031.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"lilianam\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Timea-Erika Papp\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Tampa Real Estate Market Trends - Winter 2021 - Yardi Matrix Blog","description":"Tampa\u2019s rental market not only proved resilient in the face of economic hardship but also showcased strong performance in 2020.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.yardimatrix.com\/blog\/tampa-real-estate-market-trends-winter-2021\/","og_locale":"en_US","og_type":"article","og_title":"Tampa Real Estate Market Trends - Winter 2021","og_description":"Tampa\u2019s rental market not only proved resilient in the face of economic hardship but also showcased strong performance in 2020.","og_url":"https:\/\/www.yardimatrix.com\/blog\/tampa-real-estate-market-trends-winter-2021\/","og_site_name":"Yardi Matrix Blog","article_published_time":"2021-02-18T14:35:55+00:00","article_modified_time":"2023-03-10T08:13:26+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2021\/03\/Tampa-iStock-1271462031.jpg","type":"image\/jpeg"}],"author":"lilianam","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Timea-Erika Papp","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.yardimatrix.com\/blog\/tampa-real-estate-market-trends-winter-2021\/#article","isPartOf":{"@id":"https:\/\/www.yardimatrix.com\/blog\/tampa-real-estate-market-trends-winter-2021\/"},"author":{"name":"lilianam","@id":"https:\/\/www.yardimatrix.com\/blog\/#\/schema\/person\/877efe30f5be34ed3f8b5f334c96a8e0"},"headline":"Tampa Real Estate Market Trends &#8211; 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