Report: Tampa Bay’s home prices rose in August as inventory fell
Home prices in the Tampa-St. Petersburg-Clearwater metro area have increased over the past year at the same time that the area's inventory has fallen. For August 2020, Tampa Bay’s home value index, a monthly measure of home values in various metros, hit $242,924, according to data from Zillow. That is a 7.2 percent year-over-year growth in home value from August 2019. In the same span, Tampa Bay’s inventory fell by almost 32 percent. Those numbers give the Tampa metro the ninth largest home…