Is Treasure Island Downtown, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Treasure Island Downtown is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Treasure Island Downtown was a Seller's Market.

Key Takeaway

Treasure Island Downtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Treasure Island Downtown, FL

How much do homes in Treasure Island Downtown, FL cost?

Median Sold Price

$788,000

$699/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$30,000(-3.7%)

Key Takeaway

Homes in Treasure Island Downtown have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Treasure Island Downtown was $788,000 in November 2024, down 3.7% from last year, and the median price per square foot was $699.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $402.5K$435K
+8.1%
2 $742.5K$740K
-0.3%
3 $1.4M$1.3M
-8.1%
4 $2.2M$1.9M
-13.5%
5+ -$2.5M
N/A

Summary: Treasure Island Downtown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.1%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sunset Beach
+17.8%
Treasure Island Downtown
-3.7%

Housing Supply in Treasure Island Downtown, FL

How many homes are available in Treasure Island Downtown, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3236+12.5%

Summary: The Treasure Island Downtown real estate market had 36 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 56
+20.0%
2 1718
+5.9%
3 44
0.0%
4 54
-20.0%
5+ 14
+300.0%

Summary: The Treasure Island Downtown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 5.9%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Treasure Island Downtown, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Treasure Island Downtown in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Treasure Island Downtown, FL

How long does it take to sell a home in Treasure Island Downtown, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
74 Days75 Days+1.6%

Summary: Homes in Treasure Island Downtown had an average of 75 days on market in Nov 2024, up by 1.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Treasure Island Downtown are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Treasure Island Downtown; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Treasure Island Downtown, FL

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