Thanks to still-high interest rates and low inventory, home sales in most categories were slow in 2023. But Tampa Bay had another banner year in luxury real estate, with 3rd quarter home sales surging 36% over the same period of the previous year.

Remember how home sales slowed in 2022, coinciding with increasing interest rates? Luxury buyers didn’t seem to notice. Several of last year’s high-dollar buyers were locals, some were techies, and one is the daughter of a billionaire sports team owner.