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North Pinellas News

Tuesday, September 24, 2024

Palm Harbor home prices rise in May 2020

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The median sale price of a home sold in May 2020 in Palm Harbor rose by $91,750 while total sales decreased by 88.5%, according to BlockShopper.com.

In May 2020, there were three homes sold, with a median sale price of $435,000 - a 26.7% increase over the $343,250 median sale price for the same period of the previous year. There were 26 homes sold in Palm Harbor in May 2019.

The median sales tax in Palm Harbor for the most recent year with available data, 2016, was $5,002, approximately 1.1% of the median home sale price for May 2020.

The following table compares Palm Harbor to other Pinellas County cities with similar median sales prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Redington Shores213-84.6%$658,750$410,00060.7%
Redington Beach14-75%$562,500$407,00038.2%
Gulfport633-81.8%$450,000$225,000100%
Palm Harbor326-88.5%$435,000$343,25026.7%
Indian Rocks Beach110-90%$405,000$470,000-13.8%
Madeira Beach19-88.9%$345,000$275,00025.5%
Oldsmar937-75.7%$280,000$270,0003.7%
St Petersburg67534-87.5%$271,000$199,45035.9%
Dunedin577-93.5%$258,500$257,7000.3%
Kenneth City17-85.7%$225,000$250,000-10%
Belleair15-80%$222,000$278,000-20.1%

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