Is Treasure Island Section One, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Treasure Island Section One was a Seller's Market.
Key Takeaway
Treasure Island Section One is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Treasure Island Section One, FL
How much do homes in Treasure Island Section One, FL cost?
Median Sold Price
$490,000
$442/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in Treasure Island Section One has remained the same since last year.
Summary: The median home sold price in Treasure Island Section One was $490,000 in April 2024, the same as last year, and the median price per square foot was $442.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $377.5K | $385K | +2.0% |
| 2 Bedrooms | $467K | $495K | +6.0% |
| 3 Bedrooms | $593.5K | $725K | +22.2% |
| 4 Bedrooms | $687K | $580K | -15.6% |
| 5+ Bedrooms | $3.0M | - | N/A |
Summary: Treasure Island Section One housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Treasure Island Section One | $490K | $490K | 0.0% |
| Biltmore Beach | $427.5K | $415K | -2.9% |
Housing Supply in Treasure Island Section One, FL
How many homes are available in Treasure Island Section One, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 48 | +4.3% |
Summary: The Treasure Island Section One real estate market had 48 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 14 | -6.7% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Treasure Island Section One housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Treasure Island Section One, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Treasure Island Section One in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Treasure Island Section One, FL
How long does it take to sell a home in Treasure Island Section One, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 106 Days | +337.8% |
Summary: Homes in Treasure Island Section One had an average of 106 days on market in Apr 2024, up by 337.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Treasure Island Section One are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Treasure Island Section One; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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 deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.