Is Redington Shores, 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 Shores was a Seller's Market.
Housing Prices in Redington Shores, FL
How much do homes in Redington Shores, FL cost?
Median Sold Price
$725,000
$579/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Redington Shores was $725,000 in April 2024, down 3.3% from last year, and the median price per square foot was $579.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $455K | $570K | +25.3% |
2 Bedrooms | $722.4K | $600K | -16.9% |
3 Bedrooms | $975K | $760K | -22.1% |
4 Bedrooms | $1.8M | $2.4M | +34.9% |
5+ Bedrooms | $5.5M | $3.8M | -30.9% |
Summary: Redington Shores housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.3%, 2 bedroom homes decreased by 16.9%, 3 bedroom homes decreased by 22.1%, 4 bedroom homes increased by 34.9%, and 5+ bedroom homes decreased by 30.9%.
Median Sold Price Compared To Nearby Cities
Boca Ciega | $474.5K | $469.2K | -1.1% |
North Redington Beach | $1.0M | $1.0M | -1.4% |
Indian Shores | $682.5K | $667.9K | -2.1% |
Redington Shores | $750K | $725K | -3.3% |
Housing Supply in Redington Shores, FL
How many homes are available in Redington Shores, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 68 | +4.6% |
Summary: The Redington Shores real estate market had 68 homes for sale in April 2024, a 4.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 8 | +33.3% |
2 Bedrooms | 21 | 24 | +14.3% |
3 Bedrooms | 32 | 29 | -9.4% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Redington Shores housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Redington Shores in April 2024, down by 40.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
104 Days | 34 Days | -67.4% |
Summary: Homes in Redington Shores had an average of 34 days on market in Apr 2024, down by 67.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Redington Shores; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.