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Pinellas County · Pocket report

Sand Castle Condo, Indian Shores

Sand Castle Condo, Indian Shores is a $1M-plus luxury pocket that rarely trades: 1 condo closed in the last 6 months at a median $1.03M, and 4 are on the market today. With that few comparable sales there is no reliable benchmark here — condition, lot and finish decide the number, which is exactly why automated estimates are least trustworthy at this price.

Median closing
$1.03M
1 sale · 6 months
Per square foot
$877
median closed
Days to contract
7
median
For sale now
4
condo
Months of supply
23.7
buyer’s market
Sold vs original ask
95%
0% cut price first

If you are buying

About 23.7 months of luxury inventory — buyers set the pace

4 condos are for sale in Sand Castle Condo (Indian Shores) against 1 closings in 6 months. At that absorption rate a listing added today waits behind the queue. For a buyer that is leverage; for a seller it is the single most important number on this page.

Worth knowing

Only 1 closed sale in 6 months — no reliable benchmark

Sand Castle Condo (Indian Shores) does not trade often enough for averages to carry weight. At this price point that is normal and it is exactly why portal estimates are worst here: with 1 comparable sale, the condition, the lot and the finish decide the number, not the median.

How to read this

Every figure above is an aggregate over closed sales in Sand Castle Condo, Indian Shores in the 6 months through October 23, 2026, taken from licensed Stellar MLS data. Months of supply is the current number for sale divided by the recent monthly sales pace. "Sold vs original ask" compares the closing price to the price the home was FIRST listed at, which is where overpricing shows up — the final asking price has usually already absorbed the cuts. None of this is an appraisal or a valuation of any particular property.

What the whole market has measured

Selling
33%

of $1M+ homes listed January 2024 to October 2025 didn’t sell within a year, counting private sales.

Selling
97% → 90%

of the first price: an offer in the first 30 days, then after.

Buying
40% vs 25%

of homes in flood zone AE vs zone X didn’t sell within a year (listed since 2024).

Investing
$327/sq ft

was the typical break-even building budget on 341 lots and teardowns that became $1M+ homes since 2024.

Know which listings are already losing the argument.

Tell me what you are looking for. I will send the listings where time, a relist or a flood zone has already moved the leverage to your side — and the ones where it has not.

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