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 April 2023
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
$701,666
$552/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Saint Pete Beach was $701,666 in April 2024, up 0.2% from last year, and the median price per square foot was $552.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $300K | -7.7% |
2 Bedrooms | $662.5K | $685K | +3.4% |
3 Bedrooms | $1.2M | $1.0M | -14.8% |
4 Bedrooms | $1.2M | $1.4M | +12.0% |
5+ Bedrooms | $1.4M | $1.6M | +11.0% |
Summary: Saint Pete Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 11%.
Median Sold Price Compared To Nearby Cities
Treasure Island | $600K | $778.3K | +29.7% |
Saint Petersburg | $400.1K | $436.9K | +9.2% |
Saint Pete Beach | $699.9K | $701.6K | 0.2% |
South Pasadena | $390.5K | $350K | -10.4% |
Housing Supply in Saint Pete Beach, FL
How many homes are available in Saint Pete Beach, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
279 | 293 | +5.0% |
Summary: The Saint Pete Beach real estate market had 293 homes for sale in April 2024, a 5.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 53 | 50 | -5.7% |
2 Bedrooms | 115 | 113 | -1.7% |
3 Bedrooms | 75 | 93 | +24.0% |
4 Bedrooms | 27 | 29 | +7.4% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Saint Pete Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.7%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 35 | -10.3% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Saint Pete Beach in April 2024, down by 10.3% month-over-month. Of the 35 sold homes, 71% were sold under asking, 20% were sold at asking, and 9% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 56 Days | +43.3% |
Summary: Homes in Saint Pete Beach had an average of 56 days on market in Apr 2024, up by 43.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Saint Pete Beach; 57% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.