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 November 2022
At the same time last year, Indian Rocks Beach was a Seller's Market.
Key Takeaway
Indian Rocks Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indian Rocks Beach, FL
How much do homes in Indian Rocks Beach, FL cost?
Median Sold Price
$919,500
$632/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Indian Rocks Beach have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in Indian Rocks Beach was $919,500 in November 2023, up 16.8% from last year, and the median price per square foot was $632.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | $382.5K | +12.5% |
| 2 Bedrooms | $697.4K | $717.5K | +2.9% |
| 3 Bedrooms | $849.1K | $1.0M | +25.3% |
| 4 Bedrooms | $2.0M | $1.5M | -25.4% |
| 5+ Bedrooms | $3.2M | $1.9M | -39.2% |
Summary: Indian Rocks Beach housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 25.3%, 4 bedroom homes decreased by 25.4%, and 5+ bedroom homes decreased by 39.2%.
Median Sold Price Compared To Nearby Cities
| Indian Rocks Beach | $787.5K | $919.5K | +16.8% |
| Boca Ciega | $468.7K | $468.6K | 0% |
| Belleair Beach | $889.9K | $875K | -1.7% |
| Indian Shores | $727.5K | $667.9K | -8.2% |
Housing Supply in Indian Rocks Beach, FL
How many homes are available in Indian Rocks Beach, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 83 | 87 | +4.8% |
Summary: The Indian Rocks Beach real estate market had 87 homes for sale in November 2023, a 4.8% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 34 | 37 | +8.8% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 14 | 8 | -42.9% |
Summary: The Indian Rocks Beach housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 18 | 9 | -50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Rocks Beach, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Indian Rocks Beach in November 2023, down by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% 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
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 28 Days | 20 Days | -27.1% |
Summary: Homes in Indian Rocks Beach had an average of 20 days on market in Nov 2023, down by 27.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Indian Rocks Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 9 homes were sold in Indian Rocks Beach; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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