Is Indian Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Indian Shores was a Neutral Market.
Key Takeaway
Indian Shores is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Indian Shores, FL
How much do homes in Indian Shores, FL cost?
Median Sold Price
$670,000
$583/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Indian Shores have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Indian Shores was $670,000 in March 2024, down 0.7% from last year, and the median price per square foot was $583.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $587.4K | $420.5K | -28.4% |
| 2 Bedrooms | $652K | $615K | -5.7% |
| 3 Bedrooms | $999K | $1.1M | +10.1% |
| 4 Bedrooms | $1.0M | $3.2M | +223.5% |
| 5+ Bedrooms | $3.7M | $4.7M | +26.7% |
Summary: Indian Shores housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 223.5%, and 5+ bedroom homes increased by 26.7%.
Median Sold Price Compared To Nearby Cities
| Indian Rocks Beach | $872K | $937K | +7.5% |
| Indian Shores | $675K | $670K | -0.7% |
| Boca Ciega | $472.7K | $462.8K | -2.1% |
Housing Supply in Indian Shores, FL
How many homes are available in Indian Shores, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 74 | 90 | +21.6% |
Summary: The Indian Shores real estate market had 90 homes for sale in March 2024, a 21.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 12 | +33.3% |
| 2 Bedrooms | 36 | 43 | +19.4% |
| 3 Bedrooms | 20 | 25 | +25.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Indian Shores housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was 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. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Indian Shores in March 2024, up by 300.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 111 Days | +106.6% |
Summary: Homes in Indian Shores had an average of 111 days on market in Mar 2024, up by 106.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Indian Shores are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Indian Shores; 50% of homes were sold within 30 days, 0% 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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