$10,000 Closing Credit*
$1,200,000
748 SqFt
1 Bed
•1 Full Bath
Troy Walseth, Listing Office: KELLER WILLIAMS GULF BEACHES
Is Treasure Island, 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, Treasure Island was a Neutral Market.
Key Takeaway
Treasure Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Treasure Island, FL
How much do homes in Treasure Island, FL cost?
Median Sold Price
$760,312
$545/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$35,312(+4.9%)
Key Takeaway
Homes in Treasure Island have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Treasure Island was $760,312 in November 2024, up 4.9% from last year, and the median price per square foot was $545.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $370K | $322.5K | -12.8% |
| 2 Bedrooms | $656K | $600K | -8.5% |
| 3 Bedrooms | $1.1M | $1.0M | -11.1% |
| 4 Bedrooms | $2.0M | $1.6M | -19.4% |
| 5+ Bedrooms | $3.2M | $2.0M | -36.7% |
Summary: Treasure Island housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.8%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 36.7%.
Median Sold Price Compared To Nearby Cities
| Saint Pete Beach | $683K | $775.5K | +13.5% |
| Madeira Beach | $737.5K | $805.5K | +9.2% |
| Boca Ciega | $468.6K | $492.4K | +5.1% |
| Treasure Island | $725K | $760.3K | +4.9% |
| Saint Petersburg | $425.9K | $432.3K | +1.5% |
Housing Supply in Treasure Island, FL
How many homes are available in Treasure Island, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 136 | 172 | +26.5% |
Summary: The Treasure Island real estate market had 172 homes for sale in November 2024, a 26.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 12 | +9.1% |
| 2 Bedrooms | 70 | 82 | +17.1% |
| 3 Bedrooms | 36 | 53 | +47.2% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 2 | 7 | +250.0% |
Summary: The Treasure Island housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 47.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 250%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 22 | +69.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Treasure Island, you may be able to get a good deal. 86.4% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Treasure Island in November 2024, up by 69.2% month-over-month. Of the 22 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Treasure Island, FL
How long does it take to sell a home in Treasure Island, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 52 Days | -15.2% |
Summary: Homes in Treasure Island had an average of 52 days on market in Nov 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Treasure Island are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in Treasure Island; 64% of homes were sold within 30 days, 9% 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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