$10,000 Closing Credit*
$859,000
1,200 SqFt
3 Beds
•2 Full Baths
Sherman Gilbert, Listing Office: PALM PARADISE REALTY GROUP
Is Redington Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Redington Beach has remained a Buyer's 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
$587/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,000(+9.4%)
Key Takeaway
Homes in Redington Beach have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Redington Beach was $930,000 in October 2024, up 9.4% from last year, and the median price per square foot was $587.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $336K | 0.3% |
| 2 Bedrooms | $673.5K | $700K | +3.9% |
| 3 Bedrooms | $872K | $942.5K | +8.1% |
| 4 Bedrooms | $1.5M | $1.2M | -21.6% |
| 5+ Bedrooms | $3.1M | $1.7M | -43.5% |
Summary: Redington Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 21.6%, and 5+ bedroom homes decreased by 43.5%.
Median Sold Price Compared To Nearby Cities
| Madeira Beach | $745K | $817.5K | +9.7% |
| Redington Beach | $850K | $930K | +9.4% |
| Boca Ciega | $463.7K | $495K | +6.7% |
| North Redington Beach | $1.0M | $1.1M | +5.5% |
Housing Supply in Redington Beach, FL
How many homes are available in Redington Beach, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 24 | +60.0% |
Summary: The Redington Beach real estate market had 24 homes for sale in October 2024, a 60.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 7 | +600.0% |
| 3 Bedrooms | 7 | 12 | +71.4% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 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 600%, 3 bedroom homes increased by 71.4%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 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 2 homes were sold or pending in Redington Beach in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 58 Days | +286.7% |
Summary: Homes in Redington Beach had an average of 58 days on market in Oct 2024, up by 286.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Redington Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Redington Beach; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.