Palm Harbor home prices fall in the second quarter of 2019

Palm Harbor home prices fall in the second quarter of 2019
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The median sale price of a home sold in the second quarter of 2019 in Palm Harbor fell by $16,500 while total sales decreased by 18%, according to BlockShopper.com.

From April through June of 2019, there were 91 homes sold, with a median sale price of $359,000 – a 4.4% decrease over the $375,500 median sale price for the same period of the previous year. There were 111 homes sold in Palm Harbor in the second quarter of 2018.

The median sales tax in Palm Harbor for the most recent year with available data, 2016, was $5,002, approximately 1.4% of the median home sale price for the second quarter of 2019.

The following table compares Palm Harbor to other Pinellas County cities with similar median sales prices in the second quarter of 2019:

City Apr. – June 2019 Home Sales Apr. – June 2018 Home Sales % change (Total Home Sales) Apr. – June 2019 Median Sales Price Apr. – June 2018 Median Sales Price % change (Median Sales Price)
Madeira Beach 48 62 -22.6% $487,500 $372,000 31%
Redington Shores 35 34 2.9% $440,000 $450,000 -2.2%
Indian Shores 43 39 10.3% $407,500 $380,000 7.2%
Treasure Island 87 119 -26.9% $400,000 $350,000 14.3%
St Pete Beach 116 144 -19.4% $380,000 $394,000 -3.6%
Palm Harbor 91 111 -18% $359,000 $375,500 -4.4%
Redington Beach 14 23 -39.1% $337,000 $626,000 -46.2%
Belleair 52 36 44.4% $312,250 $378,250 -17.4%
Safety Harbor 74 131 -43.5% $301,900 $263,000 14.8%
Belleair Bluffs 21 27 -22.2% $272,000 $200,000 36%
Oldsmar 105 136 -22.8% $270,000 $253,750 6.4%


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