Is Treasure Island, 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, Treasure Island was a Neutral Market.
Key Takeaway
Treasure Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Treasure Island, FL
How much do homes in Treasure Island, FL cost?
Median Sold Price
$725,000
$597/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Treasure Island have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in Treasure Island was $725,000 in November 2023, up 19.6% from last year, and the median price per square foot was $597.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $370K | +1.4% |
| 2 Bedrooms | $570K | $656K | +15.1% |
| 3 Bedrooms | $1.1M | $1.1M | -0.7% |
| 4 Bedrooms | $1.6M | $2.0M | +23.9% |
| 5+ Bedrooms | $1.7M | $3.2M | +88.9% |
Summary: Treasure Island housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 15.1%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes increased by 88.9%.
Median Sold Price Compared To Nearby Cities
| Treasure Island | $606.3K | $725K | +19.6% |
| Saint Petersburg | $388.6K | $425.1K | +9.4% |
| Boca Ciega | $468.7K | $468.6K | 0% |
| Saint Pete Beach | $703.3K | $683.6K | -2.8% |
| Madeira Beach | $775K | $737.5K | -4.8% |
Housing Supply in Treasure Island, FL
How many homes are available in Treasure Island, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 144 | 170 | +18.1% |
Summary: The Treasure Island real estate market had 170 homes for sale in November 2023, a 18.1% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 30 | +30.4% |
| 2 Bedrooms | 72 | 85 | +18.1% |
| 3 Bedrooms | 34 | 37 | +8.8% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Treasure Island housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 30.4%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Treasure Island, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Treasure Island in November 2023, down by 13.3% month-over-month. Of the 13 sold homes, 85% were sold under asking, 0% were sold at asking, and 15% were sold over asking.
Days on Market for Treasure Island, FL
How long does it take to sell a home in Treasure Island, FL?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 47 Days | 65 Days | +38.0% |
Summary: Homes in Treasure Island had an average of 65 days on market in Nov 2023, up by 38% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Treasure Island are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 13 homes were sold in Treasure Island; 69% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2023 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.