Is Treasure Island Downtown, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Treasure Island Downtown was a Neutral Market.
Housing Prices in Treasure Island Downtown, FL
How much do homes in Treasure Island Downtown, FL cost?
Median Sold Price
$828,900
$764/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Treasure Island Downtown was $828,900 in March 2024, up 41.7% from last year, and the median price per square foot was $764.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $437.5K | $375K | -14.3% |
2 Bedrooms | $602K | $820K | +36.2% |
3 Bedrooms | $1.6M | $1.4M | -15.1% |
4 Bedrooms | $2.0M | $2.2M | +7.7% |
5+ Bedrooms | $3.2M | - | N/A |
Summary: Treasure Island Downtown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 36.2%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Treasure Island Downtown | $585K | $828.9K | +41.7% |
Sunset Beach | $728.5K | $860K | +18.1% |
Housing Supply in Treasure Island Downtown, FL
How many homes are available in Treasure Island Downtown, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
57 | 61 | +7.0% |
Summary: The Treasure Island Downtown real estate market had 61 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 32 | 36 | +12.5% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Treasure Island Downtown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Treasure Island Downtown in March 2024, up by 133.3% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Treasure Island Downtown, FL
How long does it take to sell a home in Treasure Island Downtown, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 51 Days | +34.9% |
Summary: Homes in Treasure Island Downtown had an average of 51 days on market in Mar 2024, up by 34.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Treasure Island Downtown; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.