Is it a good time to buy a condo in Palma Del Mar V?
Palma Del Mar V, St Petersburg, FL. A straight answer from licensed MLS data: what buyers actually paid in the last 6 months, how fast, at what share of asking — and how much is for sale today. Updated September 9, 2026.
Condos · Palma Del Mar V
LEANING SELLER
Over the last 6 months in Palma Del Mar V (St Petersburg), buyers paid a median 88% of the original asking price and 60% of sellers cut price before finding their buyer; 1 is on the market today. Sales are outpacing listings, so leverage is limited — negotiate on inspection and terms more than price.
1for sale now
0under contract
5sold · 6 mo
1.2months of inventory
71days to contract
$359,000median sold
$357per sq ft
93%of asking
88%of original ask
0% closed at or above the final list price · 60% cut price before selling · 20% went under contract within 14 days · median 88% of the original asking price
Questions buyers in Palma Del Mar V ask
Is now a good time to buy a condo in Palma Del Mar V?
Over the last 6 months in Palma Del Mar V (St Petersburg), buyers paid a median 88% of the original asking price and 60% of sellers cut price before finding their buyer; 1 is on the market today. Sales are outpacing listings, so leverage is limited — negotiate on inspection and terms more than price.
How much under asking are buyers paying in Palma Del Mar V?
The median closed sale went for 88% of the original asking price (93% of the final list price after 60% of sellers cut); 0% still sold at or above the final list.
How much competition will I face in Palma Del Mar V?
The median condo went under contract in 71 days and 20% were gone within two weeks; inventory stands at about 1.2 months.
What do condos cost in Palma Del Mar V?
The median closed price over the last 6 months was $359,000 (about 357 per square foot), across 5 sales.
How many condos are for sale in Palma Del Mar V right now?
As of September 9, 2026, 1 is for sale today.
What should I offer on a home in Palma Del Mar V?
That depends on the specific home — its condition, market time, and the closings around it. Ari Abdi pulls those numbers before you write the offer; send your details above.
Before you offer, I'll pull the actual closings around the home you're watching — what comparable buyers really paid, how long it sat, and how much leverage you have. No obligation, no pressure.