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Sergio Guerrero
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Treasure Island

Why you'd want to live in Treasure Island

The area of Treasure Island was originally settled in small communities by the Tocobaga around 300 CE. The Timucua traded with other Native American tribes in the area until the arrival of Pánfilo de Narváez in 1528. De Narváez decimated the indigenous people before leaving the area in search of gold. Treasure Island got its name early in the 20th century, after several property owners attempted to boost sales of the properties being developed on the island by first burying and then pretending to discover a couple of wooden chests on the beach around 1915. After claiming the chests were filled with treasure, the news of the discovery quickly spread and people began calling the island Treasure Island.[6] With an elevation of only three feet, the Great Gale of 1848 carved out John's Pass on the island's north end and split off two smaller islands, called the Isle of Palms and Isle of Capri. Treasure Island saw a surge in residential and hotel construction following World War II through the 1950s. The real estate used in these ventures often consisted of fill from dredged material; that is, artificial extensions of the land were created, which were usually designed for convenient access to navigable waterways. Legendary baseball slugger Babe Ruth had a winter beachfront home on Treasure Island after his retirement. Treasure Island today has a thriving bar and restaurant scene in its downtown.

Treasure Island Market Report

$649,647

AVERAGE PRICE OF 203 HOMES

$476,666

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,733,292

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$661,422

AVERAGE PRICE OF 34 NEWLY BUILT HOMES

$758,516

AVERAGE PRICE OF 61 HOMES WITH A POOL

$711,423

AVERAGE PRICE OF 83 REDUCED PRICE HOMES

Average Home

Average Price $649,647
Avg Bedrooms 2.1 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $243,359
2 bedrooms $466,120
3 bedrooms $735,737
4 bedrooms $1,334,733
5 bedrooms $1,304,900
Treasure Island Home Price Trends
  6/2018 5/2018 4/2018 3/2018 2/2018
Total Listings 211 229 n/a 217 201
Average Price $628,074 $623,424 n/a $604,471 $633,421
Avg Price Change +0.75% n/a n/a -4.79% -3.10%
Median Price $520,409 $500,838 n/a $465,039 $524,967
Med Price Change +3.91% n/a n/a -12.89% -5.77%
Avg Bedrooms 2.14 beds 2.13 beds n/a 2 beds 2 beds
Avg Bathrooms 2.05 baths 2.07 baths n/a 2.06 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Boca Ciega High-Pn 32 $453,699 107 days
Lakewood High-Pn 1 $569,000 325 days
St. Petersburg High-Pn 1 $417,000 4 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 203 $649,647 166 days
Distressed Homes 3 $476,666 88 days
Multi-Million Dollar Homes 25 $1,733,292 295 days
Newly Built Homes 34 $661,422 365 days
Homes with a Pool 61 $758,516 105 days
Reduced Price Homes 83 $711,423 182 days
RE/MAX Metro
150 2nd Ave Suite 100 Saint Petersburg, FL 33701
727-896-1800

© 2018 My Florida Regional Multiple Listing Service, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional Multiple Listing Service, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.7/17/2018 4:19 AM CST