Is Indian Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Indian Shores has remained a Neutral Market.
Key Takeaway
Indian Shores is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Indian Shores, FL
How much do homes in Indian Shores, FL cost?
Median Sold Price
$667,900
$568/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Indian Shores have sold for 8.2% less than they did a year ago.
Summary: The median home sold price in Indian Shores was $667,900 in November 2023, down 8.2% from last year, and the median price per square foot was $568.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $530K | $421K | -20.6% |
| 2 Bedrooms | $650K | $610K | -6.2% |
| 3 Bedrooms | $940K | $1.0M | +11.0% |
| 4 Bedrooms | $1.1M | $2.9M | +169.9% |
| 5+ Bedrooms | $3.4M | $4.7M | +37.7% |
Summary: Indian Shores housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 20.6%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 169.9%, and 5+ bedroom homes increased by 37.7%.
Median Sold Price Compared To Nearby Cities
| Indian Rocks Beach | $787.5K | $919.5K | +16.8% |
| Boca Ciega | $468.7K | $468.6K | 0% |
| Indian Shores | $727.5K | $667.9K | -8.2% |
Housing Supply in Indian Shores, FL
How many homes are available in Indian Shores, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 61 | 66 | +8.2% |
Summary: The Indian Shores real estate market had 66 homes for sale in November 2023, a 8.2% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 37 | 40 | +8.1% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Indian Shores housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 8.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Shores, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Indian Shores in November 2023, up by 100.0% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.
Days on Market for Indian Shores, FL
How long does it take to sell a home in Indian Shores, FL?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 32 Days | 78 Days | +143.8% |
Summary: Homes in Indian Shores had an average of 78 days on market in Nov 2023, up by 143.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Indian Shores are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2023, 10 homes were sold in Indian Shores; 30% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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