Momentum Housing Data · Home Values · Pinellas County

BAY ISLAND GROUP 1 Home Values: What Homes Actually Sell For

BAY ISLAND GROUP 1 (SOUTH PASADENA, FL): 5 recorded closings in the 12 months ending 2026-08-02, a 7-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

Median sold price
$215,000
-36.8% vs prior year · window ending 2026-08-02
Median $/sqft
$188
5 recorded closings
Median days to sell
141
from list to contract-to-close record

In the current window, sellers accepted a median 83.0% of original asking; the median sale took 141 days (window ending 2026-08-02).

The 7-year recorded price history

20152026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$215,000$18814183.0%5
2025$340,000$2768085.9%5
2023$427,000$3286187.4%4
2022$457,000$3082396.2%7
2017$175,000$1677493.8%11
2016$178,000$1503193.4%7
2015$141,500$1093194.2%8

Over the recorded series, BAY ISLAND GROUP 1’s median sold price moved from $141,500 (2015) to $215,000 (12 months ending 2026-08-02) — +52% over that span, with every year’s figure from recorded closings, not a model.

The last decade in BAY ISLAND GROUP 1, briefly

The recorded series starts in 2015 at $141,500. Against the 2022 peak of $457,000, the current median stands at -53%. Annual sales volume here has ranged from 0 to 11 closings a year (10-yr average 3.6). With roughly 3.6 closings a year, BAY ISLAND GROUP 1’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

What actually trades here: 100% condominium, with a median of 1,230 sq ft and a median price per square foot of $188 in the current window.

What is on the market in BAY ISLAND GROUP 1 right now

From the live MLS feed as of 2026-09-03: 7 active listings (plus 4 pending) asking from $198,000 to $640,000, median $274,900; 4 of 7 have been on the market over 60 days (median 67 days so far); the homes listed or recently sold were built between 1971 and 1978 (median 1971); 9 of 20 listed or recently sold homes report an HOA, median $856/mo; 20 of 20 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 7 ft; the features listings here most often name are Gated Community - Guard, Pool, Tennis Court(s), Clubhouse and Fitness Center. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current BAY ISLAND GROUP 1 listings →

At BAY ISLAND GROUP 1’s $215,000 median and Pinellas County’s adopted 19.39 mills (FY2025-26), a home assessed at that price carries roughly $4,170 a year in property tax before exemptions, or about $3,360 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Pinellas County tax page.

Selling in BAY ISLAND GROUP 1 right now: what the record says

Current asking prices run a median $339,900 against the $215,000 recorded sold median (+58%) — the gap between what sellers hope and what the record shows. The market is carrying about 14.7 months of supply at the current sales pace. Demand check: 10% of BAY ISLAND GROUP 1’s listings are under contract, against 20% for ZIP 33707 and 21% for Pinellas County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Since 2015, 69 BAY ISLAND GROUP 1 listings were withdrawn, canceled, or expired without selling (9 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 61% of BAY ISLAND GROUP 1 listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 69%. Momentum’s market-heat index for BAY ISLAND GROUP 1 reads 19/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 80% of recorded BAY ISLAND GROUP 1 sales in the window ending 2026-06 (4 of 5) — a fact worth knowing before assuming every buyer needs an appraisal to close. With asking prices running +58% over the recorded sold median, a BAY ISLAND GROUP 1 listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.

What would YOUR BAY ISLAND GROUP 1 home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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How BAY ISLAND GROUP 1 compares with its neighbors

Communities buyers shopping BAY ISLAND GROUP 1 are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
SOUTH CSWY ISLE YACHT CLUB ADD$2,895,000$5731093
ST PETERSBURG BEACH NORTH UNIT 7$490,000$34411225
THREE PALMS POINT$762,500$3805910
Pasadena Golf Club Estates$517,500$3112628

More BAY ISLAND GROUP 1: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures