Real Estate Market Update for
Indian Rocks Beach, FL
Video: Real Estate Community Tour for Indian Rocks Beach, FL
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Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 22% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was 520-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 14%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 480-thousand dollars. The number of units sold decreased 39% year-over-year, and increased more than 125% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.