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 Last Month

Since last month, 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

$1,122,500

$781/sqft

Based on all homes sold in January 2024.

Difference Since Last Month

-$457,500(-29.0%)

Key Takeaway

Homes in North Redington Beach have sold for 29% less than they did a month ago.

Summary: The median home sold price in North Redington Beach was $1,122,500 in January 2024, down 29% from last month, and the median price per square foot was $781.

Median Sold Price By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 --
N/A
2 -$1.1M
N/A
3 $1.5M-
N/A
4 --
N/A
5+ --
N/A

Summary: North Redington Beach housing prices by bedroom type for January 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in North Redington Beach, FL

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

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
2027+35.0%

Summary: The North Redington Beach real estate market had 27 homes for sale in January 2024, a 35.0% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 22
0.0%
2 710
+42.9%
3 66
0.0%
4 26
+200.0%
5+ 33
0.0%

Summary: The North Redington Beach housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Redington Beach in January 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 January 2024, 2 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 21 Days Ago

Newest Listings in North Redington Beach, FL

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What housing markets are near North Redington Beach, FL?