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 November 2023

Since last year, North Redington Beach has remained a Buyer'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

$1,175,000

$697/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$124,500(+11.9%)

Key Takeaway

Homes in North Redington Beach have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in North Redington Beach was $1,175,000 in November 2024, up 11.9% from last year, and the median price per square foot was $697.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $390K$358.7K
-8.0%
2 $642.5K$1.0M
+59.5%
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 November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8%, 2 bedroom homes increased by 59.5%, 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
+12.4%
North Redington Beach
+11.9%
Boca Ciega
+5.1%
Redington Shores
-12.4%

Housing Supply in North Redington Beach, FL

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1625+56.3%

Summary: The North Redington Beach real estate market had 25 homes for sale in November 2024, a 56.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 911
+22.2%
4 15
+400.0%
5+ 13
+200.0%

Summary: The North Redington Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 400%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in North Redington Beach in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Nov 2023Nov 2024CHANGE
13 Days8 Days-38.5%

Summary: Homes in North Redington Beach had an average of 8 days on market in Nov 2024, down by 38.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Redington Beach are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in North Redington Beach; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

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