Is Indian Rocks Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Indian Rocks Beach has remained a Seller's Market.
Housing Prices in Indian Rocks Beach, FL
How much do homes in Indian Rocks Beach, FL cost?
Median Sold Price
$950,000
$633/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Indian Rocks Beach was $950,000 in May 2024, up 13.1% from last year, and the median price per square foot was $633.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $397.5K | $307.7K | -22.6% |
2 Bedrooms | $709K | $773K | +9.0% |
3 Bedrooms | $880.3K | $1.0M | +18.1% |
4 Bedrooms | $1.9M | $1.2M | -34.0% |
5+ Bedrooms | $1.8M | $2.3M | +27.0% |
Summary: Indian Rocks Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.6%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 18.1%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes increased by 27%.
Median Sold Price Compared To Nearby Cities
Belleair Beach | $810K | $959.5K | +18.5% |
Indian Rocks Beach | $840K | $950K | +13.1% |
Boca Ciega | $473.8K | $476.5K | +0.6% |
Indian Shores | $700K | $666.4K | -4.8% |
Housing Supply in Indian Rocks Beach, FL
How many homes are available in Indian Rocks Beach, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
114 | 114 | 0.0% |
Summary: The Indian Rocks Beach real estate market had 114 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 44 | 42 | -4.5% |
3 Bedrooms | 32 | 37 | +15.6% |
4 Bedrooms | 23 | 16 | -30.4% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Indian Rocks Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 30.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 28 | +100.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Indian Rocks Beach in May 2024, up by 100.0% month-over-month. Of the 28 sold homes, 89% were sold under asking, 4% were sold at asking, and 7% were sold over asking.
Days on Market for Indian Rocks Beach, FL
How long does it take to sell a home in Indian Rocks Beach, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 76 Days | +89.8% |
Summary: Homes in Indian Rocks Beach had an average of 76 days on market in May 2024, up by 89.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in Indian Rocks Beach; 21% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.