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South Pinellas Times

Saturday, November 2, 2024

How did home prices perform in Redington Shores during the first quarter of 2021?

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The median sale price of a home sold in the first quarter of 2021 in Redington Shores rose by $185,000 while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2021, there were nine homes sold, with a median sale price of $565,000 - a 48.7% increase over the $380,000 median sale price for the same period of the previous year. There were six homes sold in Redington Shores in the first quarter of 2020.

The median sales tax in Redington Shores for the most recent year with available data, 2019, was $5,048, approximately 0.9% of the median home sale price for the first quarter of 2021.

The following table compares Redington Shores to other Pinellas County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Belleair Beach330%$1,245,000$815,00052.8%
N Redington Beach220%$1,015,000$702,50044.5%
Redington Beach94125%$700,000$355,25097%
Redington Shores9650%$565,000$380,00048.7%
Belleair188125%$550,000$464,50018.4%
Indian Rocks Beach11757.1%$531,000$595,000-10.8%
St Pete Beach261844.4%$472,000$492,000-4.1%
Madeira Beach2110110%$440,000$482,500-8.8%
Treasure Island201811.1%$437,500$287,50052.2%
Indian Shores11757.1%$425,000$390,0009%
Palm Harbor2110110%$369,000$400,000-7.8%

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