Fareham Square Condo
Homes for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County
12 homesBuilt 1982–1998Median sale $775K
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Built fromLive Stellar MLS data20 years of closingsFL DOR public recordsUpdated twice daily
Live · Fareham Square Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$775K
Median sold · 12 mo
$459/sf
Sold $/sqft · 12 mo
peak $459 in 2026
83.2%
Sale vs ask
Pinellas median: 93.3%
Tempo
172days
Median DOM · closed
4 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
75%
Owner-occupied · Fareham Square Condo
9 of 12 parcels homesteaded (FL DOR 2025)
25%
Non-owner-occupied · Fareham Square Condo
incl. 17% trust or LLC-held · 17% out-of-state
50%
Cash buyers · Fareham Square Condo
2 of 4 sales, 12 mo ending June 2026
12
Homes in the community
12 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1982
Community established
homes built 1982-1998, median 1990 (FL DOR 2025)
0
Failed listings · 2025
peaked at 3 in 2021
1,727sqft
Median sold home size
12-mo windows, closed sales
33.3%/yr
Turnover rate
about 4 of 12 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

With only 12 homes in this snapshot and just 4 closings in the window, Fareham Square is a thin market by definition — every sale moves the median more than it would in a larger complex. The $774,750 median and $458.98 per square foot point to a building where unit size and condition, not amenity packages, are doing the work on price.

The median 171.5 days on market is the number to sit with. That is closer to six months than three, and it tells you pricing here is not resolving quickly. Sellers should expect a longer runway and price with that in mind; buyers who are patient and flexible on timing have real room to negotiate on a listing that has sat.

The 60-Second Overview

Fareham Square Condo market snapshot (as of July 15, 2026): the median sale price is about $775K ($459 per sq ft over the trailing 12 months of closed sales), and a median 172 days on market for closed sales.

Fareham Square Condo is a community of 12 homes in St Petersburg, Pinellas County, built between 1982 and 1998 (median 1990.0), with a median living area of about 1,725 square feet. 75% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Fareham Square is a small condominium community built between 1982 and 1998, with a median unit size of 1,725 square feet — larger than a typical condo floor plan, which helps explain a per-square-foot figure and median price that sit well above entry-level condo pricing in the area.

Best for

  • A buyer who wants a larger condo footprint (near 1,700+ square feet) and is comfortable evaluating unit condition rather than relying on amenity marketing.
  • A buyer planning to occupy the unit as a primary residence, consistent with the building's high homestead share.
  • A patient buyer or seller who can work with a sales cycle that has historically run well past three months.

Probably not for

  • A buyer prioritizing resort-style amenities like a pool, clubhouse, or fitness center, since none are documented in current listings.
  • An investor needing fast turnover or a large, liquid comp set to underwrite a decision.
  • A buyer who needs price certainty from market averages — the small sample size here makes the median a rough guide, not a firm benchmark.

Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 4 in the current window.
Sellers who gave up · failed listings per year
01232006201220202025
Canceled, expired, or withdrawn. 3 quit in 2021; 0 so far in 2025. The clearest stress gauge a community has.

If we were buying in Fareham Square Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Fareham Square Condo.

Best Buy
A buyer looking for a larger-format condo unit in an established St Petersburg building rather than a high-amenity lifestyle package.
Biggest Risk
With only 4 closings in this window, the median price and per-square-foot figures carry a wide margin of error.
Sweet Spot
A move-in or lightly updated 1,700+ square foot unit priced in line with the building's per-square-foot median.
Avoid If
You need confirmed on-site amenities or a fast closing — this market moves slowly and amenities are not documented here.

A slow, thin market

The math here is simple but important: 12 total homes and 4 closings in the window means this is not a market where trend lines are reliable. A single unusual sale — an estate, a renovation, a distressed listing — can swing the median significantly. Treat the $774,750 figure as directional, not precise, and always look at the specific unit's condition and floor before anchoring to it.

The 75% homestead share is notable. Three out of four owners here have filed for homestead exemption, meaning the building skews toward primary residences rather than investment or seasonal ownership. That tends to correlate with more stable HOA participation and fewer units cycling through short-term rental turnover, though buyers should still confirm current rental and rental-restriction rules directly with the association rather than assuming based on this figure. No community amenities were identified from current MLS listings, so anything beyond the unit itself — pool, clubhouse, dock — should be verified in person or through condo documents rather than assumed.

The location and the amenities are priced into every listing in Fareham Square Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A market this thin punishes generic pricing advice. We pull the actual condo docs, reconcile the small sample against comparable buildings nearby, and price or negotiate off unit-specific facts — square footage, floor, renovation state — rather than a headline median that only reflects four sales.

Fareham Square Condo in 15 seconds.

Best forA buyer looking for a larger-format condo unit in an established St Petersburg building rather than a high-amenity lifestyle package.
Biggest advantageThe long median days on market gives buyers real negotiating leverage on list price.
Biggest riskWith only 4 closings in this window, the median price and per-square-foot figures carry a wide margin of error.
Sweet spotA move-in or lightly updated 1,700+ square foot unit priced in line with the building's per-square-foot median.
Avoid ifYou need confirmed on-site amenities or a fast closing — this market moves slowly and amenities are not documented here.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Fareham Square Condo sales matched to your home.

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Frequently Asked Questions

What is the median home price in Fareham Square Condo?
The median sale price in Fareham Square Condo was $775K over the 12 months ending July 15, 2026 (4 closed sales, Stellar MLS).
How long do homes in Fareham Square Condo take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 172 days on market (4 sales, Stellar MLS).
How many homes are in Fareham Square Condo?
The Florida DOR 2025 assessment roll shows 12 homes in Fareham Square Condo (public records).
What share of Fareham Square Condo is owner-occupied?
75% of Fareham Square Condo parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Fareham Square Condo built?
Homes in Fareham Square Condo were built between 1982 and 1998, with a median year built of 1990.0 (FL DOR 2025 roll).
Do cash buyers compete in Fareham Square Condo?
Cash buyers took 50% of Fareham Square Condo sales in the 12 months ending June 2026 (2 of 4 closings, Stellar MLS).
Who is the best real estate agent for Fareham Square Condo?
The best agent for Fareham Square Condo is one who actively works St Petersburg and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Fareham Square Condo.
How do I find a top St Petersburg real estate agent who knows Fareham Square Condo?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Fareham Square Condo and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Fareham Square Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Fareham Square Condo purchase or sale - no call center and no pressure.
A buyer who wants a larger condo footprint (near 1,700+ square feet) and is comfortable evaluating unit condition rather than relying on amenity marketing.Excellent fit
A buyer planning to occupy the unit as a primary residence, consistent with the building's high homestead share.Excellent fit
A patient buyer or seller who can work with a sales cycle that has historically run well past three months.Excellent fit
A buyer prioritizing resort-style amenities like a pool, clubhouse, or fitness center, since none are documented in current listings.Probably not
An investor needing fast turnover or a large, liquid comp set to underwrite a decision.Probably not
A buyer who needs price certainty from market averages — the small sample size here makes the median a rough guide, not a firm benchmark.Probably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 33701))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (13 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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