Indian Rocks Beach Market Health Report – February 2025

The real estate market in Indian Rocks Beach remains dynamic, with both buyers and sellers carefully navigating current trends. Whether you're considering selling your home or evaluating its market value, understanding the latest statistics is essential. Below is an in-depth analysis based on the latest StellarMLS data.

Current Market Conditions

• Active Listings: 75 homes are currently on the market.
• Pending Sales: 9 homes are under contract.
• Recently Sold (6-months): 28 homes have successfully closed.

Home Values & Pricing Trends

• Median Active Listing Price: $885,000
• Median Sold Price: $875,000
• Price Per Square Foot (Active Listings): $662.85
• Price Per Square Foot (Sold Homes): $626.62

This slight gap between asking and selling prices indicates a market where buyers still have some negotiation power, though sellers are largely holding firm on their expectations.

How Long Does It Take to Sell?

• Median Days to Contract: 46 days
• Median Days to Close: 72 days
• Total Median Time on Market (CDOM): 34 days

If you're considering listing your home, you can expect to find a buyer within about 1.5 months and close in roughly 2.5 months. Well-priced and desirable homes may sell even faster.

What This Means for Sellers

• Pricing Strategically is Key: Homes are selling close to their list price, with a sold-to-list price ratio of 95%. Pricing your home competitively from the start can reduce time on the market.
• Luxury Homes Are Moving: The highest recorded sale price reached $5.1 million, proving demand remains strong for high-end properties.
• Market Favorability: With a median of 73 days for active listings, homes that show well and are marketed effectively can attract buyers quickly.

What This Means for Buyers

• Opportunities Exist: While home prices remain strong, there is still room for negotiation.
• Competitive Market: With a limited number of pending sales (9), buyers have choices but should move quickly on desirable properties.
• Consider Market Timing: Homes that are well-priced and in good condition tend to sell in under two months. If you're interested in a property, acting swiftly can be beneficial.

Final Thoughts

The Indian Rocks Beach real estate market remains healthy and stable, with steady home values and reasonable selling timeframes. If you're thinking about selling, now is a favorable time to position your home effectively. With strong buyer demand and competitive pricing trends, you can achieve a successful sale with the right strategy.