Is Saint Pete Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Saint Pete Beach was a Seller's Market.
Housing Prices in Saint Pete Beach, FL
How much do homes in Saint Pete Beach, FL cost?
Median Sold Price
$683,666
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Saint Pete Beach was $683,666 in November 2023, down 2.8% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $315K | $293K | -7.0% |
2 Bedrooms | $639K | $652.5K | +2.1% |
3 Bedrooms | $1.2M | $980K | -19.0% |
4 Bedrooms | $1.4M | $1.4M | 0.0% |
5+ Bedrooms | $1.9M | $1.1M | -43.9% |
Summary: Saint Pete Beach housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 19%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 43.9%.
Median Sold Price Compared To Nearby Cities
Treasure Island | $606.3K | $725K | +19.6% |
Saint Petersburg | $388.6K | $425.1K | +9.4% |
South Pasadena | $350K | $360K | +2.9% |
Saint Pete Beach | $703.3K | $683.6K | -2.8% |
Housing Supply in Saint Pete Beach, FL
How many homes are available in Saint Pete Beach, FL?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
156 | 174 | +11.5% |
Summary: The Saint Pete Beach real estate market had 174 homes for sale in November 2023, a 11.5% increase compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 29 | 35 | +20.7% |
2 Bedrooms | 65 | 66 | +1.5% |
3 Bedrooms | 43 | 46 | +7.0% |
4 Bedrooms | 16 | 22 | +37.5% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Saint Pete Beach housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 20.7%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
13 | 16 | +23.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Saint Pete Beach in November 2023, up by 23.1% month-over-month. Of the 16 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Saint Pete Beach, FL
How long does it take to sell a home in Saint Pete Beach, FL?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
29 Days | 54 Days | +84.8% |
Summary: Homes in Saint Pete Beach had an average of 54 days on market in Nov 2023, up by 84.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During November 2023, 16 homes were sold in Saint Pete Beach; 69% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.