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South Pinellas Times

Saturday, April 19, 2025

Redington Shores home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Redington Shores fell by $12,500 while total sales decreased by 20.6%, according to BlockShopper.com.

From January through June of 2019, there were 54 homes sold, with a median sale price of $437,500 - a 2.8% decrease over the $450,000 median sale price for the same period of the previous year. There were 68 homes sold in Redington Shores in the first half of 2018.

The median sales tax in Redington Shores for the most recent year with available data, 2016, was $5,746, approximately 1.3% of the median home sale price for the first half of 2019.

The following table compares Redington Shores to other Pinellas County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
N Redington Beach2933-12.1%$695,000$625,00011.2%
Belleair Beach35342.9%$651,600$566,00015.1%
Indian Rocks Beach96101-5%$525,000$510,0002.9%
Redington Shores5468-20.6%$437,500$450,000-2.8%
Indian Shores7183-14.5%$400,000$385,0003.9%
Madeira Beach99106-6.6%$390,000$337,50015.6%
St Pete Beach221264-16.3%$377,500$389,000-3%
Palm Harbor167177-5.6%$355,000$370,000-4.1%
Treasure Island167200-16.5%$335,000$329,5001.7%
Redington Beach2337-37.8%$325,000$550,000-40.9%
Belleair91874.6%$322,000$375,000-14.1%

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