Is Saint Petersburg, FL 33707 a buyer’s or seller’s market?

The Saint Petersburg housing market right now

In the three months ending August 31, 2026, 5% of homes in Saint Petersburg, FL 33707 sold above their list price, the typical home went under contract in 68 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 175 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 7%, homes sold more slowly (59 days then) and the median sale price fell 6% to $399,827. Overall, Saint Petersburg is less competitive than a year ago, which gives buyers more room.

Within Pinellas County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Saint Petersburg ranks #630 of 796 FL ZIP codes with enough sales (score 11 out of 100).

Nearby, buyers who want less competition could look at Crystal Beach 34681 (0% sold over asking) or Saint Petersburg 33715 (1% sold over asking), while Safety Harbor 34695 (21% sold over asking) and Saint Petersburg 33710 (20% sold over asking) are even more competitive.