Is Downtown Saint Pete Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Downtown Saint Pete Beach was a Seller's Market.
Housing Prices in Downtown Saint Pete Beach, FL
How much do homes in Downtown Saint Pete Beach, FL cost?
Median Sold Price
$592,500
$560/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Downtown Saint Pete Beach was $592,500 in April 2024, up 15.5% from last year, and the median price per square foot was $560.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $326.5K | $307.5K | -5.8% |
2 Bedrooms | $675K | $750K | +11.1% |
3 Bedrooms | $1.1M | $1.3M | +10.2% |
4 Bedrooms | - | $795.7K | N/A |
5+ Bedrooms | - | $2.1M | N/A |
Summary: Downtown Saint Pete Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Downtown Saint Pete Beach | $513K | $592.5K | +15.5% |
Three Palms Point | $535K | $389K | -27.3% |
Housing Supply in Downtown Saint Pete Beach, FL
How many homes are available in Downtown Saint Pete Beach, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
88 | 89 | +1.1% |
Summary: The Downtown Saint Pete Beach real estate market had 89 homes for sale in April 2024, a 1.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 37 | 30 | -18.9% |
2 Bedrooms | 41 | 46 | +12.2% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 0 | 3 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Downtown Saint Pete Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.9%, 2 bedroom homes increased by 12.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Downtown Saint Pete Beach in April 2024, down by 6.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and 14% were sold over asking.
Days on Market for Downtown Saint Pete Beach, FL
How long does it take to sell a home in Downtown Saint Pete Beach, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 38 Days | -5.8% |
Summary: Homes in Downtown Saint Pete Beach had an average of 38 days on market in Apr 2024, down by 5.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Downtown Saint Pete Beach; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.