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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Treasure Island Section One is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Treasure Island Section One has remained a Buyer'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

$396/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$75,000(-15.5%)

Key Takeaway

Homes in Treasure Island Section One have sold for 15.5% less than they did a year ago.

Summary: The median home sold price in Treasure Island Section One was $410,000 in November 2024, down 15.5% from last year, and the median price per square foot was $396.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $410K$392.5K
-4.3%
2 $517.5K$410K
-20.8%
3 $472.5K$650K
+37.6%
4 $580K$642.5K
+10.8%
5+ --
N/A

Summary: Treasure Island Section One housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes decreased by 20.8%, 3 bedroom homes increased by 37.6%, 4 bedroom homes increased by 10.8%, 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

Oct 2024Nov 2024CHANGE
2732+18.5%

Summary: The Treasure Island Section One real estate market had 32 homes for sale in November 2024, a 18.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 67
+16.7%
2 911
+22.2%
3 88
0.0%
4 35
+66.7%
5+ 11
0.0%

Summary: The Treasure Island Section One housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 November 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

Nov 2023Nov 2024CHANGE
30 Days62 Days+103.3%

Summary: Homes in Treasure Island Section One had an average of 62 days on market in Nov 2024, up by 103.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Treasure Island Section One are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Treasure Island Section One; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Section One, FL

Nearby Markets to Treasure Island Section One, FL