The read
The island’s third quarter
1 OCTOBER 2026 · TREASURE ISLAND, FLORIDA
Eighty-nine sales closed across Treasure Island, the Causeway and St. Pete Beach between July and September. On the island the median single-family home sold for $1,200,000 in 192 days, at 94.7% of its original list price. In the second quarter the same median took 70 days. Three of nineteen sold at or above asking.
The number that matters most this quarter is not the median. It is the gap between water and no water. A canal home sold for a median $649 per square foot. A home on the same island with no frontage sold for $327, 50 per cent less per foot, and it took 201 days against 141 on the canal: about half again as long, for half of the money. One caution: three sales had no frontage this quarter against thirteen on canal, so read the direction, not the decimal.
That is the argument for pricing a Treasure Island property from Treasure Island data. A county median blends the barrier islands with the mainland and reports one number for both. On this island the water is not a feature, it is the market, and anyone telling you this quarter was simply up or simply down has not read the water column.
By subdivision and by water
The two cuts the county cannot give you. Medians, third quarter 2026.
By subdivision| Subdivision | N | Median sold | $/ft | DOM |
|---|
| Paradise | 9 | $1,250,000 | $339 | 201 |
|---|
| Palms | 3 | $1,100,000 | $681 | 141 |
|---|
| Capri | 7 | $1,200,000 | $649 | 229 |
|---|
By water| Water | N | Median sold | $/ft | DOM |
|---|
| Intracoastal | 3 | $1,500,000 | $294 | 449 |
|---|
| Canal | 13 | $1,166,000 | $649 | 141 |
|---|
| None | 3 | $710,000 | $327 | 201 |
|---|
Source: Stellar MLS, sales reported by multiple brokerages, July through September 2026, retrieved 1 October 2026. Days on market as recorded by the MLS. List price is original list. Sold-to-list is the median of each sale's own ratio, not a ratio of medians. Medians of an even count are printed rounded up. Price per foot uses MLS heated area. Condominium and townhome at $500,000 and above; TH marks a townhome. E&OE.
Set and drift
Set is the direction the current pushed you; drift is how far. Between list and sold, this quarter's drift ran one way: the median single-family home gave up 5.3 per cent of its asking price, and only three of nineteen held it. The widest cut was $2,471,000, at 10126 Tarpon Dr, in 449 days; it sold for land value. Sort this table by water rather than by price and the real signal appears: canal at $649 a foot against $327 with no frontage, and 201 days against 141 to get there.
ValerieI do not sugar coat things.Ask me what is coming to market.