How is the Indian Rocks Beach short-term rental market performing in March 2026?
A data-driven look at short-term rental eligible condo sales, inventory, pricing, and bedroom trends, compared to March 2025.
Data Filter: Condos | Weekly Rentals | Pinellas County MLS | March 2026 vs March 2025
What is the Indian Rocks Beach short-term rental market doing right now?
As of March 2026, the market has shifted toward buyers. Inventory is rising, and sales are taking longer to close.
Cyndee Haydon’s analysis of March 2026 Pinellas County MLS data found that increased inventory and slower absorption are creating more negotiation opportunities for buyers.
Haydon, who has completed over 150 vacation rental transactions, notes that buyers are now focused on performance, not just location.
How many STR condos sold in March 2026?
Closed sales dropped from 13 in March 2025 to 9 in March 2026, a 30.8 percent decline.
Pending contracts also declined, indicating a slower pipeline. This reflects longer decision cycles and increased due diligence from buyers.
Are home prices rising or falling?
Median sold price declined from $1,020,000 to $925,000, a 9.3 percent decrease year over year.
Price per square foot remained relatively stable, indicating that buyers are still paying for quality without overpaying.
Haydon, a licensed Realtor since 2005, noted that in the Indian Rocks Beach STR condo market, pricing adjustments are occurring most quickly on properties without a strong rental history.
What is the list-to-sale price ratio?
The list-to-sale price ratio dropped from 98.6 percent to 94.8 percent.
This indicates stronger negotiation from buyers and more price corrections from sellers.
How long are properties taking to sell?
Median days on market increased from 28 to 52 days.
Average days on market increased from 34 to 61 days.
According to Haydon, who has lived on the Gulf Beaches since 1991, correctly priced STR properties still sell quickly, but only when the income story supports the price.
Is this a buyer or seller market?
This is a buyer-leaning market.
Months of supply increased from 2.5 to 6.0, giving buyers more choices and time to evaluate options.
What does the data show overall?
| Metric | March 2026 | March 2025 | YoY Change |
|---|---|---|---|
| Closed Sales | 9 | 13 | -30.8% |
| Active Listings | 18 | 11 | +63.6% |
| Median Price | $925,000 | $1,020,000 | -9.3% |
| DOM | 52 | 28 | +85.7% |
| Months Supply | 6.0 | 2.5 | +140% |
Which condo sizes are performing best?
| Beds | 2026 Sold + Median | 2025 Sold + Median | Active | Pending | DOM |
|---|---|---|---|---|---|
| 2BR | 5 @ $815K | 7 @ $860K | 8 | 4 | 48 |
| 3BR | 3 @ $1.12M | 5 @ $1.18M | 6 | 2 | 63 |
| 4BR | 1 @ $1.65M | 1 @ $1.72M | 3 | 1 | 71 |
Two-bedroom units continue to move fastest. Three-bedroom units offer higher income potential but take longer to sell.
What does the pending pipeline show?
| Beds | Count | Median Price | Low | High | Waterfront |
|---|---|---|---|---|---|
| 2BR | 4 | $835K | $699K | $910K | 2 |
| 3BR | 2 | $1.09M | $995K | $1.25M | 2 |
| 4BR | 1 | $1.58M | $1.58M | $1.58M | 1 |
Is now a good time to buy?
Yes, buyers have more leverage than they did in 2025.
Haydon, who serves as Florida Realtors Treasurer, said buyers who focus on real income data are finding better opportunities today than a year ago.
Should I sell right now?
Yes, but pricing correctly is critical.
“If you miss the market in the first two weeks, you lose leverage quickly. Buyers today are data-driven and will wait you out.”
Cyndee Haydon, Sandbars to Sunsets Indian Rocks Beach STR Condo Market Specialist
The SHORE™ Framework
A lot goes into evaluating the Indian Rocks Beach STR condo market and Short-term rental condo investments. The SHORE™ Framework, developed by Cyndee Haydon, evaluates STR investments and takes into account traditional data as well as these five factors:
- Supply and Demand: Inventory is rising
- Hospitality Rules: HOA rules vary widely
- Operating Revenue: Income matters more than ever
- Risk: Insurance and reserves are key
- Experience: Views and layout drive bookings
Ready to Talk Numbers?
If you want to know which condos are actually performing, I can walk you through it.
SandBarsToSunsets.com | 727-710-8035
Cyndee Haydon, CRS, RSPS, CLHMS
Short-Term Rental Investment Advisor | Pinellas Gulf Beaches
Gulf Beaches Resident Since 1991 | 150+ Vacation Rental Transactions | Future Home Realty
Data Source: StellarMLS