Palm Harbor home prices rise in the third quarter of 2019

Palm Harbor home prices rise in the third quarter of 2019
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The median sale price of a home sold in the third quarter of 2019 in Palm Harbor rose by $30,000 while total sales increased by 6.7%, according to BlockShopper.com.

From July through September of 2019, there were 95 homes sold, with a median sale price of $370,000 – a 8.8% increase over the $340,000 median sale price for the same period of the previous year. There were 89 homes sold in Palm Harbor in the third 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 third quarter of 2019.

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

City July – Sept. 2019 Home Sales July – Sept. 2018 Home Sales % change (Total Home Sales) July – Sept. 2019 Median Sales Price July – Sept. 2018 Median Sales Price % change (Median Sales Price)
Indian Rocks Beach 38 39 -2.6% $495,500 $553,000 -10.4%
Madeira Beach 32 73 -56.2% $448,500 $437,000 2.6%
Indian Shores 44 39 12.8% $432,500 $380,000 13.8%
Redington Beach 11 21 -47.6% $405,000 $400,000 1.3%
St Pete Beach 137 117 17.1% $390,000 $420,000 -7.1%
Palm Harbor 95 89 6.7% $370,000 $340,000 8.8%
Treasure Island 97 101 -4% $360,000 $320,000 12.5%
Belleair 45 44 2.3% $347,500 $361,250 -3.8%
Belleair Bluffs 20 30 -33.3% $325,000 $262,500 23.8%
Safety Harbor 99 98 1% $295,000 $275,500 7.1%
Oldsmar 101 112 -9.8% $267,500 $260,500 2.7%


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