Treasure Island

Treasure Island, FL's real estate market in May 2025 is characterized by a buyer's advantage, marked by declining prices and increased inventory. The median home sale price is approximately $720,000, reflecting a 10.8% decrease year-over-year. Homes are selling at about 94.3% of the list price, with 3.8% of homes selling above the asking price. The average time on market is 78 days, a reduction from 100 days the previous year. Inventory is increasing, with 216 homes for sale, ranging from $235,000 to $6 million. The median listing price is $750,000, down 3.5% year-over-year. This trend indicates a shift towards a buyer's market, with more inventory and longer selling times.