Is Redington Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Redington Beach is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Redington Beach has remained a Seller's Market.

Key Takeaway

Redington Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Redington Beach, FL cost?

Median Sold Price

$760,000

$528/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$75,000(+10.9%)

Key Takeaway

Homes in Redington Beach have sold for 10.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $343K$303.5K
-11.5%
2 $442.5K$665K
+50.3%
3 $749.9K$804.9K
+7.3%
4 $1.1M$800K
-30.7%
5+ -$7.6M
N/A

Median Sold Price Compared To Nearby Cities

North Redington Beach
+113.8%
Madeira Beach
+26.7%
Boca Ciega
+26.3%
Redington Beach
+10.9%

How many homes are available in Redington Beach, FL?

Number of Homes For Sale

Jul 2022Aug 2022%
2827-3.6%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 22
0.0%
2 45
+25.0%
3 1714
-17.6%
4 56
+20.0%
5+ 00
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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.

Average Sale Time

Aug 2021Aug 2022%
11 Days20 Days+71.4%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Redington Beach, FL

There are 27 homes are for sale in Redington Beach, FL real estate market. In August 2022 in Redington Beach, FL there were 3.6% less homes for sale than in July 2022. Listings spent 20 days on the market in August 2022, and had a median list price of $760,000 during the same period. Real estate listing prices changed between July 2022 and August 2022: 1 bedroom properties prices decreased by 11.5%, 2 bedrooms properties prices increased by 50.3%, prices of 3 bedrooms properties went up by 7.3%, 4 bedrooms properties became 30.7% more cheaper, prices of 5 bedrooms properties went up by 0%. This housing market inventory have changed: 1 bedroom homes did not move, volume of 2 bedrooms homes went up by 25%, 3 bedrooms homes inventory decreased by 17.6%, number of 4 bedrooms homes increased by 20%, 5 bedrooms homes inventory did not change. In August 2022, from all listings sold in Redington Beach, FL there were more than 0 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price.

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