Is North Redington Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Redington Beach is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, North Redington Beach was a Seller's Market.

Key Takeaway

North Redington Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Redington Beach, FL

How much do homes in North Redington Beach, FL cost?

Median Sold Price

$1,155,000

$697/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$60,000(+5.5%)

Key Takeaway

Homes in North Redington Beach have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in North Redington Beach was $1,155,000 in October 2024, up 5.5% from last year, and the median price per square foot was $697.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $389.5K$367.5K
-5.6%
2 $625K$1.0M
+64.0%
3 $1.4M$1.3M
-7.5%
4 $1.7M$2.3M
+38.1%
5+ -$1.8M
N/A

Summary: North Redington Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 64%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 38.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Redington Beach
+9.4%
Boca Ciega
+6.7%
North Redington Beach
+5.5%
Redington Shores
-8.2%

Housing Supply in North Redington Beach, FL

How many homes are available in North Redington Beach, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1718+5.9%

Summary: The North Redington Beach real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 45
+25.0%
3 99
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The North Redington Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Redington Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in North Redington Beach in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Redington Beach, FL

How long does it take to sell a home in North Redington Beach, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days192 Days+276.5%

Summary: Homes in North Redington Beach had an average of 192 days on market in Oct 2024, up by 276.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in North Redington Beach are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in North Redington Beach; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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