Is Redington Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Redington Beach was a Seller's Market.
Housing Prices in Redington Beach, FL
How much do homes in Redington Beach, FL cost?
Median Sold Price
$858,000
$606/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Redington Beach was $858,000 in April 2024, up 5.9% from last year, and the median price per square foot was $606.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $322.5K | $335K | +3.9% |
2 Bedrooms | $625K | $678.5K | +8.6% |
3 Bedrooms | $880K | $872K | -0.9% |
4 Bedrooms | $1.1M | $1.5M | +30.8% |
5+ Bedrooms | $7.6M | $1.3M | -82.4% |
Summary: Redington Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 82.4%.
Median Sold Price Compared To Nearby Cities
Redington Beach | $810K | $858K | +5.9% |
Madeira Beach | $747.2K | $785K | +5.1% |
Boca Ciega | $474.5K | $469.2K | -1.1% |
North Redington Beach | $1.0M | $1.0M | -1.4% |
Housing Supply in Redington Beach, FL
How many homes are available in Redington Beach, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 45 | +9.8% |
Summary: The Redington Beach real estate market had 45 homes for sale in April 2024, a 9.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Redington Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Redington Beach in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 28 Days | -64.7% |
Summary: Homes in Redington Beach had an average of 28 days on market in Apr 2024, down by 64.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Redington Beach; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.