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Luxury › Markets › Pinellas › Tierra Verde
Pinellas County · City report

Luxury homes in Tierra Verde

Tierra Verde has 5 luxury pockets where the median closing is $1M or more: 16 closed sales in the last 6 months at a median $2.2M and $677 per square foot, with 30 on the market today. About 14.2 months of luxury inventory — buyers set the pace in Tierra Verde, Tierra Verde.

Luxury pockets
5
median $1M+
Median closing
$2.2M
16 sales · 6 months
Per square foot
$677
city luxury benchmark
For sale now
30
across all pockets

What stands out in Tierra Verde

If you are buying

About 14.2 months of luxury inventory — buyers set the pace — Tierra Verde, Tierra Verde

12 homes are for sale in Tierra Verde (Tierra Verde) against 5 closings in 6 months, with 1 under contract. At that absorption rate a listing added today waits behind the queue. For a buyer that is leverage; for a seller it is the single most important number on this page.

If you are selling

Sellers here start about 10% above what buyers actually pay — Tierra Verde Unit 1 4th Rep, Tierra Verde

Across 4 closed homes in Tierra Verde Unit 1 4th Rep (Tierra Verde), the median sale came in at 90% of the ORIGINAL asking price, and 75% of those sellers cut their price before they found a buyer. Median time to contract was 126 days. At this price point that opening number costs real money: the first two weeks of buyer attention are spent on a number the market has already rejected.

If you are buying

Median 354 days to contract — time is on the buyer's side — Tierra Verde Unit 1 1st Rep, Tierra Verde

Luxury homes in Tierra Verde Unit 1 1st Rep (Tierra Verde) take a median 354 days to go under contract, and 67% of sellers cut price along the way. A listing that has been sitting past that median is the negotiation; one that just came on is not.

If you are buying

About 17.7 months of luxury inventory — buyers set the pace — Tierra Verde Unit 1 1st Rep, Tierra Verde

9 homes are for sale in Tierra Verde Unit 1 1st Rep (Tierra Verde) against 3 closings in 6 months. At that absorption rate a listing added today waits behind the queue. For a buyer that is leverage; for a seller it is the single most important number on this page.

If you are buying

Median 300 days to contract — time is on the buyer's side — Quiet Cove, Tierra Verde

Luxury condos in Quiet Cove (Tierra Verde) take a median 300 days to go under contract, and 100% of sellers cut price along the way. A listing that has been sitting past that median is the negotiation; one that just came on is not.

If you are buying

Median 173 days to contract — time is on the buyer's side — Tierra Verde, Tierra Verde

Luxury homes in Tierra Verde (Tierra Verde) take a median 173 days to go under contract, and 80% of sellers cut price along the way. A listing that has been sitting past that median is the negotiation; one that just came on is not.

Every luxury pocket in Tierra Verde

PocketMedian$/sfSalesFor saleMonths
Tierra Verde
Single-family · About 14.2 months of luxury inventory — buyers set the pace
$1.29M $380 5 12 14.2
Tierra Verde Unit 1 4th Rep
Single-family · Sellers here start about 10% above what buyers actually pay
$1.36M $493 4 7 10.3
Tierra Verde Unit 1 1st Rep
Single-family · Median 354 days to contract — time is on the buyer's side
$2.38M $677 3 9 17.7
Quiet Cove
Condo · Median 300 days to contract — time is on the buyer's side
$2.2M $704 3 0 0
Sunset Pointe at Collany Key III Condo
Condo
$3.01M $1206 1 2 11.8

Pockets without a link had fewer than three closed sales in the window — too thin for a reliable benchmark, which is worth knowing in itself. Ask me directly about those.

What the whole market has measured

Selling
33%

of $1M+ homes listed January 2024 to October 2025 didn’t sell within a year, counting private sales.

Selling
97% → 90%

of the first price: an offer in the first 30 days, then after.

Buying
40% vs 25%

of homes in flood zone AE vs zone X didn’t sell within a year (listed since 2024).

Investing
$327/sq ft

was the typical break-even building budget on 341 lots and teardowns that became $1M+ homes since 2024.

What is actually happening with the property you are thinking about?

These pages carry market statistics, not a valuation. Tell me the property or the plan and I will put the analysis together myself.

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