The number of residential properties for sale in the 33708 Zip Code is up 70% from the same time last year. Cities include: Madeira Beach, Redington Beach, North Redington Beach and Redington Shores.
The seven-day average of the number of houses for sale grew from 64 this week in February 2023 to 113 this week in 2024.
The seven-day average of the number of condos for sale grew from 110 this week in February 2023 to 184 this week in 2024.
The total number of properties available for sale is very close to the pre-pandemic number for sale in February 2019
Source: Housing Wire and Altos Research
Mortgage Rates
Show Little Movement
Mortgage rates remain stagnant, hovering in the mid-six percent range over the past several weeks. The economy and labor market remain strong with wage growth outpacing inflation, which is keeping consumer spending robust. Meanwhile, affordability in the housing market is an ongoing issue due to continued high home prices, elevated mortgage rates and low supply of homes on the market, particularly for first-time and low-income homebuyers.
