$5,343 Closing Credit*
$449,900
1,030 SqFt
3 Beds
•2 Full Baths
Zachary Campbell, Listing Office: ENGEL & VOLKERS ST. PETE
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 August 2023
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.
Housing Prices in Saint Pete Beach, FL
How much do homes in Saint Pete Beach, FL cost?
Median Sold Price
$750,000
$580/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$65,000(+9.5%)
Key Takeaway
Homes in Saint Pete Beach have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Saint Pete Beach was $750,000 in August 2024, up 9.5% from last year, and the median price per square foot was $580.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $315K | +3.3% |
| 2 Bedrooms | $649.7K | $680K | +4.7% |
| 3 Bedrooms | $1.0M | $1.2M | +20.9% |
| 4 Bedrooms | $1.2M | $1.5M | +21.6% |
| 5+ Bedrooms | $1.1M | $2.7M | +143.5% |
Summary: Saint Pete Beach housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 143.5%.
Median Sold Price Compared To Nearby Cities
| Treasure Island | $675K | $799.2K | +18.4% |
| Saint Pete Beach | $685K | $750K | +9.5% |
| Saint Petersburg | $410.2K | $439.4K | +7.1% |
| South Pasadena | $375K | $345K | -8.0% |
Housing Supply in Saint Pete Beach, FL
How many homes are available in Saint Pete Beach, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 237 | 235 | -0.8% |
Summary: The Saint Pete Beach real estate market had 235 homes for sale in August 2024, a 0.8% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 46 | +17.9% |
| 2 Bedrooms | 97 | 89 | -8.2% |
| 3 Bedrooms | 66 | 66 | 0.0% |
| 4 Bedrooms | 28 | 27 | -3.6% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Saint Pete Beach housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.9%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 25 | 41 | +64.0% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Pete Beach, you may be able to get a good deal. 87.8% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Saint Pete Beach in August 2024, up by 64.0% month-over-month. Of the 41 sold homes, 88% were sold under asking, 7% were sold at asking, and 5% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 31 Days | 84 Days | +165.0% |
Summary: Homes in Saint Pete Beach had an average of 84 days on market in Aug 2024, up by 165% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Saint Pete Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During August 2024, 41 homes were sold in Saint Pete Beach; 34% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.