$6,994 Closing Credit*
$589,000
2,150 SqFt
4 Beds
•4 Full Baths
Listing Office: RE/MAX Freedom
Is Treasure Island Section One, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Treasure Island Section One was a Seller's Market.
Key Takeaway
Treasure Island Section One is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Treasure Island Section One, FL
How much do homes in Treasure Island Section One, FL cost?
Median Sold Price
$410,000
$411/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$85,000(-17.2%)
Key Takeaway
Homes in Treasure Island Section One have sold for 17.2% less than they did a year ago.
Summary: The median home sold price in Treasure Island Section One was $410,000 in October 2024, down 17.2% from last year, and the median price per square foot was $411.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $400K | -2.4% |
| 2 Bedrooms | $518.7K | $410K | -21.0% |
| 3 Bedrooms | $530K | $687.5K | +29.7% |
| 4 Bedrooms | $502.5K | $580K | +15.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Treasure Island Section One housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 21%, 3 bedroom homes increased by 29.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes did not change.
Housing Supply in Treasure Island Section One, FL
How many homes are available in Treasure Island Section One, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 29 | -9.4% |
Summary: The Treasure Island Section One real estate market had 29 homes for sale in October 2024, a 9.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 11 | 8 | -27.3% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Treasure Island Section One housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 27.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Treasure Island Section One, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Treasure Island Section One in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Treasure Island Section One, FL
How long does it take to sell a home in Treasure Island Section One, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 30 Days | -10.2% |
Summary: Homes in Treasure Island Section One had an average of 30 days on market in Oct 2024, down by 10.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Treasure Island Section One are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Treasure Island Section One; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.