$8,609 Closing Credit*
$725,000
1,422 SqFt
3 Beds
•2 Full Baths
Shane VanDerLeelie, Listing Office: VANDERLEELIE & ASSOC.RE ESTATE
Is Redington Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Redington Shores has remained a Buyer's Market.
Key Takeaway
Redington Shores is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Redington Shores, FL
How much do homes in Redington Shores, FL cost?
Median Sold Price
$679,000
$513/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$96,000(-12.4%)
Key Takeaway
Homes in Redington Shores have sold for 12.4% less than they did a year ago.
Summary: The median home sold price in Redington Shores was $679,000 in November 2024, down 12.4% from last year, and the median price per square foot was $513.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $417.5K | +7.1% |
| 2 Bedrooms | $737.5K | $650K | -11.9% |
| 3 Bedrooms | $750K | $1.0M | +34.0% |
| 4 Bedrooms | $3.1M | $819K | -73.6% |
| 5+ Bedrooms | $3.7M | $7.4M | +101.4% |
Summary: Redington Shores housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 34%, 4 bedroom homes decreased by 73.6%, and 5+ bedroom homes increased by 101.4%.
Median Sold Price Compared To Nearby Cities
| Indian Shores | $668.9K | $827.5K | +23.7% |
| North Redington Beach | $1.0M | $1.1M | +11.9% |
| Boca Ciega | $468.6K | $492.4K | +5.1% |
| Redington Shores | $775K | $679K | -12.4% |
Housing Supply in Redington Shores, FL
How many homes are available in Redington Shores, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 54 | +20.0% |
Summary: The Redington Shores real estate market had 54 homes for sale in November 2024, a 20.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 5 | +400.0% |
| 2 Bedrooms | 24 | 24 | 0.0% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Redington Shores housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 400%, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
6 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 Shores, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Redington Shores in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Redington Shores, FL
How long does it take to sell a home in Redington Shores, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 94 Days | +24.1% |
Summary: Homes in Redington Shores had an average of 94 days on market in Nov 2024, up by 24.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Redington Shores are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 6 homes were sold in Redington Shores; 33% of homes were sold within 30 days, 17% 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.