Is Saint Pete Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Pete Beach is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Saint Pete Beach has remained a Seller's Market.

Key Takeaway

Saint Pete Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Saint Pete Beach, FL cost?

Median Sold Price

$650,666

$519/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$175,166(+36.8%)

Key Takeaway

Homes in Saint Pete Beach have sold for 36.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $215.5K$285K
+32.3%
2 $435K$587.5K
+35.1%
3 $820K$985K
+20.1%
4 $1.2M$1.7M
+45.1%
5+ $1.5M$925K
-41.3%

Median Sold Price Compared To Nearby Cities

South Pasadena
+38.0%
Saint Pete Beach
+36.8%
Treasure Island
+32.0%
Saint Petersburg
+20.0%

How many homes are available in Saint Pete Beach, FL?

Number of Homes For Sale

May 2022Jun 2022%
126128+1.6%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 1421
+50.0%
2 5051
+2.0%
3 4135
-14.6%
4 1513
-13.3%
5+ 68
+33.3%

Number of Homes Sold

May 2022Jun 2022%
3731-16.2%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Pete Beach, you could pay more than the asking price. 41.9% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
12 Days17 Days+44.3%

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint Pete Beach are selling fast, if you're buying plan to act quickly.

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

About Saint Pete Beach, FL

Saint Pete Beach, FL has 128 homes for sale to choose from. The inventory of homes for sale in Saint Pete Beach, FL between May 2022 and June 2022 increased by 1.6%. In June 2022, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $650,666. From May 2022 through June 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 32.3%, 2 bedrooms properties prices increased by 35.1%, prices of 3 bedrooms properties increased by 20.1%, 4 bedrooms properties became 45.1% more expensive, prices of 5 bedrooms properties went down by 41.3%. This housing market inventory have changed: the quantity of 1 bedroom homes went up by 50%, the quantity of 2 bedrooms homes went up by 2%, number of 3 bedrooms homes decreased by 14.6%, number of 4 bedrooms homes decreased by 13.3%, 5 bedrooms homes inventory increased by 33.3%. In June 2022 more than 13 listings in Saint Pete Beach, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 12 were sold below.

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