$8,728 Closing Credit*
$735,000
2,530 SqFt
3 Beds
•3 Full Baths
Fred Steiermann, Listing Office: CENTURY 21 RE CHAMPIONS
Is Redington Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Redington Beach was a Neutral Market.
Key Takeaway
Redington Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Redington Beach, FL
How much do homes in Redington Beach, FL cost?
Median Sold Price
$930,000
$581/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$102,500(+12.4%)
Key Takeaway
Homes in Redington Beach have sold for 12.4% more than they did a year ago.
Summary: The median home sold price in Redington Beach was $930,000 in November 2024, up 12.4% from last year, and the median price per square foot was $581.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $336K | 0.3% |
| 2 Bedrooms | $672K | $699.5K | +4.1% |
| 3 Bedrooms | $872K | $942.5K | +8.1% |
| 4 Bedrooms | $1.5M | $1.3M | -10.4% |
| 5+ Bedrooms | $3.1M | $1.7M | -43.5% |
Summary: Redington Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 43.5%.
Median Sold Price Compared To Nearby Cities
| Redington Beach | $827.5K | $930K | +12.4% |
| North Redington Beach | $1.0M | $1.1M | +11.9% |
| Madeira Beach | $737.5K | $805.5K | +9.2% |
| Boca Ciega | $468.6K | $492.4K | +5.1% |
Housing Supply in Redington Beach, FL
How many homes are available in Redington Beach, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 41 | +46.4% |
Summary: The Redington Beach real estate market had 41 homes for sale in November 2024, a 46.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 14 | +75.0% |
| 3 Bedrooms | 15 | 22 | +46.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 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 75%, 3 bedroom homes increased by 46.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Redington Beach, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Redington Beach in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Redington Beach, FL
How long does it take to sell a home in Redington Beach, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 8 Days | -76.5% |
Summary: Homes in Redington Beach had an average of 8 days on market in Nov 2024, down by 76.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Redington Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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