Ari AbdiTampa Bay Luxury · 1 Realty Group LLC
Luxury › Markets › Pinellas › St Petersburg › One St Petersburg Condo
Pinellas County · Pocket report

One St Petersburg Condo, St Petersburg

6 luxury condos closed in One St Petersburg Condo, St Petersburg over the last 6 months at a median $2.13M ($1171 per square foot), taking a median 98 days to go under contract; 5 are for sale today. Sellers here start about 11% above what buyers actually pay.

Median closing
$2.13M
6 sales · 6 months
Per square foot
$1171
median closed
Days to contract
98
median
For sale now
5
condo
Months of supply
4.9
balanced
Sold vs original ask
89%
33% cut price first

If you are selling

Sellers here start about 11% above what buyers actually pay

Across 6 closed condos in One St Petersburg Condo (St Petersburg), the median sale came in at 89% of the ORIGINAL asking price, and 33% of those sellers cut their price before they found a buyer. Median time to contract was 98 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.

Commands 38% more per square foot than St Petersburg

One St Petersburg Condo (St Petersburg) closes at $1171/sf against $849/sf for luxury condo across St Petersburg. A premium that size is paid for something specific — water, view, block, finish — and a listing that fails to make that case in its first three photographs gives it back.

If you are buying

Median 98 days to contract — time is on the buyer's side

Luxury condos in One St Petersburg Condo (St Petersburg) take a median 98 days to go under contract, and 33% 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.

Buyers here closed a median 11% below the original ask

6 closed condos in One St Petersburg Condo (St Petersburg) over the last 6 months settled at 89% of the price they were first listed at and 95% of the final ask. Offers here should be argued from the closed sales, not from the asking price.

How to read this

Every figure above is an aggregate over closed sales in One St Petersburg Condo, St Petersburg in the 6 months through October 23, 2026, taken from licensed Stellar MLS data. Months of supply is the current number for sale divided by the recent monthly sales pace. "Sold vs original ask" compares the closing price to the price the home was FIRST listed at, which is where overpricing shows up — the final asking price has usually already absorbed the cuts. None of this is an appraisal or a valuation of any particular property.

Nearby luxury pockets

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.

A private read on your property, before it goes on the market.

Where your home sits against the measured outcomes — its price band, size, flood zone, building age and the time comparable attempts took — and what I would do about it. Written by me, not generated.

I am