Is Indialantic By The Sea, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Indialantic By The Sea was a Seller's Market.
Key Takeaway
Indialantic By The Sea is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indialantic By The Sea, FL
How much do homes in Indialantic By The Sea, FL cost?
Median Sold Price
$680,000
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Indialantic By The Sea have sold for 1% less than they did a year ago.
Summary: The median home sold price in Indialantic By The Sea was $680,000 in April 2024, down 1% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $210K | -22.2% |
| 2 Bedrooms | $468.2K | $475K | +1.4% |
| 3 Bedrooms | $689K | $705K | +2.3% |
| 4 Bedrooms | $720K | $855K | +18.8% |
| 5+ Bedrooms | $1.1M | $1.1M | +2.6% |
Summary: Indialantic By The Sea housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in Indialantic By The Sea, FL
How many homes are available in Indialantic By The Sea, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 52 | 60 | +15.4% |
Summary: The Indialantic By The Sea real estate market had 60 homes for sale in April 2024, a 15.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 38 | 40 | +5.3% |
| 4 Bedrooms | 4 | 9 | +125.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Indialantic By The Sea housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indialantic By The Sea, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Indialantic By The Sea in April 2024, the same as the previous month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Indialantic By The Sea, FL
How long does it take to sell a home in Indialantic By The Sea, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 59 Days | -2.6% |
Summary: Homes in Indialantic By The Sea had an average of 59 days on market in Apr 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Indialantic By The Sea has remained consistent over time.
Summary: During April 2024, 7 homes were sold in Indialantic By The Sea; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.