$415,000
0.13 Acres
Land
MICHAEL Reichenbach, Listing Office: CENTURY 21 BEGGINS
Is 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
Since last year, Saint Pete Beach has remained a Buyer's Market.
Key Takeaway
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 Saint Pete Beach, FL
How much do homes in Saint Pete Beach, FL cost?
Median Sold Price
$775,500
$588/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$92,500(+13.5%)
Key Takeaway
Homes in Saint Pete Beach have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Saint Pete Beach was $775,500 in November 2024, up 13.5% from last year, and the median price per square foot was $588.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $293K | $315K | +7.5% |
| 2 Bedrooms | $652.5K | $665K | +1.9% |
| 3 Bedrooms | $980K | $1.2M | +27.4% |
| 4 Bedrooms | $1.4M | $1.6M | +13.8% |
| 5+ Bedrooms | $1.1M | $3.7M | +236.3% |
Summary: 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 7.5%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 27.4%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 236.3%.
Median Sold Price Compared To Nearby Cities
| Saint Pete Beach | $683K | $775.5K | +13.5% |
| Treasure Island | $725K | $760.3K | +4.9% |
| Saint Petersburg | $425.9K | $432.3K | +1.5% |
| South Pasadena | $360K | $349K | -3.1% |
Housing Supply in Saint Pete Beach, FL
How many homes are available in Saint Pete Beach, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 140 | 213 | +52.1% |
Summary: The Saint Pete Beach real estate market had 213 homes for sale in November 2024, a 52.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 28 | +47.4% |
| 2 Bedrooms | 62 | 92 | +48.4% |
| 3 Bedrooms | 41 | 70 | +70.7% |
| 4 Bedrooms | 14 | 19 | +35.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Saint Pete Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 47.4%, 2 bedroom homes increased by 48.4%, 3 bedroom homes increased by 70.7%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 26 | +550.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Pete Beach, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Saint Pete Beach in November 2024, up by 550.0% month-over-month. Of the 26 sold homes, 85% were sold under asking, 12% were sold at asking, and 4% were sold over asking.
Days on Market for Saint Pete Beach, FL
How long does it take to sell a home in Saint Pete Beach, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 56 Days | 0.3% |
Summary: Homes in Saint Pete Beach had an average of 56 days on market in Nov 2024, up by 0.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint Pete Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in Saint Pete Beach; 65% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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