Tampa ranks high for home sale cancellations, study shows

The Brief

  • A study by Redfin shows 19.1% of home purchase agreements in Tampa were canceled in April 2025.
  • That’s the third-highest rate in the U.S. behind only Atlanta and Orlando.
  • Experts say economic uncertainty and increased costs for things like insurance are among the key factors.

TAMPA, Fla. Florida is home to five of the top 10 cities nationwide for would-be homebuyers getting cold feet, with Tampa ranking near the top, according to a new report.

By the numbers:

Data released by Redfin shows about 56,000 home purchase agreements were canceled across the U.S. in April 2025, totaling 14.3% of homes that went under contract. That’s the highest rate in the month of April since 2017, except for 2020.

Story continues

TRENDING NOW

LATEST LOCAL NEWS