📊 Island-Wide Market Trends

This is purely a buyer's market. With 219 active listings and an average CDOM of 343 days, buyers have substantial leverage and inventory to choose from. Recent closings at $247K and $274K demonstrate transaction activity in the entry-level segment. Thirteen pending contracts averaging $541K show that motivated sellers are negotiating across price points. The spread from $120K to $3.2M offers opportunities for every buyer profile—and the extended days on market means you can negotiate.

🏖️ Surfside Beach Performance

Surfside dominates with 143 active listings and a lower average CDOM (328 days vs island average of 343). Here's the critical number: the average closing sales price was under $300K ($260,500 to be exact). This confirms what we've seen trending most of the year—homes in the $250K-$350K range are moving.

The $300K-$499K range captured 60% of showing activity with 26 showings across 19 listings, proving this is where buyer interest peaks. Eleven pending contracts averaging $411K show buyers are willing to go higher for the right property, but deals are closing below $300K. Both November closings occurred here, proving transaction velocity.

🏝️ Treasure Island Dynamics

Treasure Island shows premium market characteristics with only 32 active listings but commanding a higher average list price ($560K vs Surfside's $489K). 

However, the 454-day average CDOM suggests sellers must be strategic with pricing. The single pending contract at $469K and zero November closings signal a market that rewards patience and precision. Showings are trending slightly upward, suggesting renewed buyer interest and momentum building.

💡 Strategic Takeaways

For Sellers: Surfside's average sales price has been trending in the $250K-$350K range most of the year—price accordingly if you want to close. Properties above this range are getting showings but not selling. Treasure Island sellers face longer market times but showings are trending slightly upwards, suggesting renewed buyer interest. Price strategically and prepare for longer timelines, but momentum is building.

For Buyers: This is your market. Surfside offers volume and variety with strong negotiation leverage across 143 listings. Homes are closing under $300K despite higher list prices. Treasure Island provides exclusivity with less competition between properties but more competition for each property, and showing activity is picking up. Sub-$300K deals exist (2 recent closings prove it), and 13 pending deals show motivated sellers island-wide. Strike now while CDOM is high and inventory is broad.