Is Treasure Island / San Luis Pass, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Treasure Island / San Luis Pass is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Treasure Island / San Luis Pass has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Treasure Island / San Luis Pass, TX

How much do homes in Treasure Island / San Luis Pass, TX cost?

Median Sold Price

$477,500

$349/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$12,500(+2.7%)

Key Takeaway

Homes in Treasure Island / San Luis Pass have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Treasure Island / San Luis Pass was $477,500 in December 2024, up 2.7% from last year, and the median price per square foot was $349.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $440K$369K
-16.1%
3 $477.5K$457.5K
-4.2%
4 $607.2K$570K
-6.1%
5+ -$1.1M
N/A

Summary: Treasure Island / San Luis Pass housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.1%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes did not change.

Housing Supply in Treasure Island / San Luis Pass, TX

How many homes are available in Treasure Island / San Luis Pass, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2829+3.6%

Summary: The Treasure Island / San Luis Pass real estate market had 29 homes for sale in December 2024, a 3.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1515
0.0%
4 78
+14.3%
5+ 00
0.0%

Summary: The Treasure Island / San Luis Pass housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 / San Luis Pass, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Treasure Island / San Luis Pass in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Treasure Island / San Luis Pass, TX

How long does it take to sell a home in Treasure Island / San Luis Pass, TX?

Average Sale Time

Dec 2023Dec 2024CHANGE
8 Days247 Days+2987.5%

Summary: Homes in Treasure Island / San Luis Pass had an average of 247 days on market in Dec 2024, up by 2987.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

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

Summary: During December 2024, 1 homes were sold in Treasure Island / San Luis Pass; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 2 Days Ago

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