New Construction in Downtown St. Pete, St. Petersburg FL — Page 5

403↓

Active

99 new (30d) -27.0%

100→

Pending

19.9% absorption

6↑

Mos. Inventory

Balanced

$695K↓

Median Ask

new: $500K prev: $695K

91d↑

Avg Days Listed

active listings avg

$465↓

Avg $/sqft

new 30d · prev: $587

30%→

Price Cuts (30d)

54% have any cut

95.6%↓

Sale/List (30d)

prev 30d: 96.5%

$648K↑

Median Sale (30d)

prev 30d: $470K

🔮 90-Day Price Outlook

📉 Prices likely to soften

Heavy discounting Falling $/sqft Buyers gaining leverage Extended time on market

Algorithmic estimate based on current MLS signals — not financial advice.

181↓

Active

54 new (30d) -27.0%

65→

Pending

26.4% absorption

4.2→

Mos. Inventory

Balanced

$525K↓

Median Ask

new: $417K prev: $532K

72d↑

Avg Days Listed

active listings avg

$371↓

Avg $/sqft

new 30d · prev: $396

28%→

Price Cuts (30d)

50% have any cut

95.6%↓

Sale/List (30d)

prev 30d: 96.7%

$609K↑

Median Sale (30d)

prev 30d: $230K

🔮 90-Day Price Outlook

↘️ Slight softening expected

Falling $/sqft Strong buyer leverage Slow days on market Healthy absorption

Algorithmic estimate based on current MLS signals — not financial advice.

222↓

Active

45 new (30d) -26.0%

35↓

Pending

13.6% absorption

9.5↑

Mos. Inventory

Buyer's mkt

$889K↓

Median Ask

new: $675K prev: $1.25M

107d↑

Avg Days Listed

active listings avg

$584↓

Avg $/sqft

new 30d · prev: $825

32%→

Price Cuts (30d)

58% have any cut

95.5%↓

Sale/List (30d)

prev 30d: 96.4%

$678K↓

Median Sale (30d)

prev 30d: $948K

🔮 90-Day Price Outlook

🔻 Significant downward pressure

High inventory Soft buyer demand Heavy discounting Falling $/sqft

Algorithmic estimate based on current MLS signals — not financial advice.

All metrics use rolling 30-day windows. Closed sale data uses actual close date where available, or last-modified date as a proxy for historical records. Refreshes every 6 hours.

📍 Downtown St. Pete, St. Petersburg

Downtown St. Pete is one of Florida's most vibrant urban neighborhoods — walkable arts district, Beach Drive restaurants, luxury high-rise condos, and waterfront parks along Tampa Bay.

Showing 104 new construction in Downtown St. Pete — Page 5