June 29, 2026 - 10:27

The final week of June brought a steady stream of transactions across the Pinellas County barrier islands, with St. Pete Beach, Treasure Island, and Madeira Beach all reporting closed sales between June 21 and June 28. While the overall volume remained consistent with previous weeks, the price points showed a notable split between waterfront luxury and inland condos.
In St. Pete Beach, the most significant sale was a Gulf-front single-family home on Gulf Boulevard that closed just under the $2 million mark. Several mid-century condos in the Pass-a-Grille district also changed hands, with two-bedroom units averaging around $475,000. Agents noted that buyers in this area are increasingly looking for properties that already have hurricane impact windows and updated electrical systems.
Treasure Island saw a flurry of activity in the mid-range market. A three-bedroom house on 107th Avenue sold for $620,000, while a ground-floor condo on Paradise Boulevard went for $389,000. The island's inventory remains tight for properties under $500,000, with most listings receiving multiple offers within the first week.
Madeira Beach recorded the highest per-square-foot prices of the three communities, driven by a renovated townhome on Johns Pass that sold for $785,000. A smaller condo on Gulf Boulevard, just a block from the beach, closed at $410,000. Real estate professionals in the area report that out-of-state buyers from the Midwest and Northeast continue to dominate cash purchases, though local move-up buyers are beginning to re-enter the market as interest rates show slight signs of easing.
the June 21-28 period reflected a market that is stabilizing after the rapid price jumps of the past two years, with more realistic asking prices and slightly longer days on market for non-waterfront properties.
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