$5,936 Closing Credit*
$499,900
1,004 SqFt
1 Bed
•1 Full Bath
Erin Laschinger, Listing Office: DALTON WADE INC
Is Downtown Saint Pete Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Downtown Saint Pete Beach was a Seller's Market.
Key Takeaway
Downtown Saint Pete Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Downtown Saint Pete Beach, FL
How much do homes in Downtown Saint Pete Beach, FL cost?
Median Sold Price
$495,000
$591/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$54,900(-10.0%)
Key Takeaway
Homes in Downtown Saint Pete Beach have sold for 10% less than they did a year ago.
Summary: The median home sold price in Downtown Saint Pete Beach was $495,000 in November 2024, down 10% from last year, and the median price per square foot was $591.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $315K | +3.3% |
| 2 Bedrooms | $685K | $675K | -1.5% |
| 3 Bedrooms | $999K | $1.3M | +34.0% |
| 4 Bedrooms | $999K | $1.5M | +59.8% |
| 5+ Bedrooms | $2.1M | - | N/A |
Summary: Downtown Saint Pete Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 34%, 4 bedroom homes increased by 59.8%, and 5+ bedroom homes did not change.
Housing Supply in Downtown Saint Pete Beach, FL
How many homes are available in Downtown Saint Pete Beach, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 57 | +35.7% |
Summary: The Downtown Saint Pete Beach real estate market had 57 homes for sale in November 2024, a 35.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 17 | +70.0% |
| 2 Bedrooms | 21 | 27 | +28.6% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Downtown Saint Pete Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 70%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown Saint Pete Beach, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Downtown Saint Pete Beach in November 2024, up by 250.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Downtown Saint Pete Beach, FL
How long does it take to sell a home in Downtown Saint Pete Beach, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 79 Days | +2.8% |
Summary: Homes in Downtown Saint Pete Beach had an average of 79 days on market in Nov 2024, up by 2.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Downtown Saint Pete Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Downtown Saint Pete Beach; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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