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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Redington Shores is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Redington Shores was a Seller'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.

How much do homes in Redington Shores, FL cost?

Median Sold Price

$711,400

$573/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$61,400(+9.4%)

Key Takeaway

Homes in Redington Shores have sold for 9.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $345K$360K
+4.3%
2 $580K$665K
+14.7%
3 $760K$1.0M
+37.1%
4 $1.5M$1.2M
-19.7%
5+ $2.6M$4.9M
+89.8%

Median Sold Price Compared To Nearby Cities

North Redington Beach
+168.9%
Indian Shores
+43.8%
Boca Ciega
+22.9%
Redington Shores
+9.4%

How many homes are available in Redington Shores, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
3337+12.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 1622
+37.5%
3 85
-37.5%
4 35
+66.7%
5+ 54
-20.0%

Number of Homes Sold

Aug 2022Sep 2022%
74-42.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 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 Shores, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
19 Days17 Days-10.5%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Redington Shores 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 Shores, FL

Homes for sale in Redington Shores, FL have reached 37. Between August 2022 and September 2022, Redington Shores, FL real estate market has seen increase in the number of listings by 12.1%. In September 2022 median list price was $711,400 and the average listing age was 17 days. Real estate listing prices changed between August 2022 and September 2022: prices of 1 bedroom properties increased by 4.3%, prices of 2 bedrooms properties increased by 14.7%, 3 bedrooms properties became 37.1% more expensive, the cost of 4 bedrooms properties went down by 19.7%, 5 bedrooms properties prices increased by 89.8%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory increased by 37.5%, 3 bedrooms homes became 37.5% less available, number of 4 bedrooms homes increased by 66.7%, 5 bedrooms homes inventory decreased by 20%. While more than 0 listings in Redington Shores, FL in September 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below.

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