Spring Real Estate Pulse: St. Pete’s 2025 Market Outlook for Buyers and Sellers

The St. Petersburg real estate market is heating up this spring literally and figuratively. Known for its artsy vibe, beautiful beaches, and walkable downtown, St. Pete continues to attract interest from locals and newcomers alike. Spring traditionally brings more activity, and 2025 is following that trend with a noticeable uptick in listings and buyer inquiries.

Buyer Projections:

This spring, St. Pete buyers will find moderate inventory increases, especially in areas like Historic Kenwood and Old Northeast. Condos near the waterfront are still in high demand, particularly among snowbirds looking to settle permanently. If you’re eyeing a charming bungalow or a sleek downtown condo, now is a great time to start your search before prices climb further into the summer.

Seller Projections:

Sellers in St. Pete are well-positioned this season. Properties with updated features and prime locations are receiving multiple offers. With more buyers entering the market, it’s a great time to list—especially if you’re considering upgrading, downsizing, or cashing in on long-term equity.

Market Trends:

As of early March 2025, the average 30-year fixed mortgage rate is around 6.5%, and most forecasts predict it to remain at or slightly above this level. High mortgage rates are a significant factor in the current St. Petersburg housing market.

Call to Action:

Want to make a move in St. Pete? Reach out to me today—I’ll help you navigate this exciting spring market with confidence and clarity.