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Sunday, November 24, 2024

Palm Harbor home prices rise in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Palm Harbor rose by $46,000 while total sales decreased by 83.5%, according to BlockShopper.com.

From April through June of 2020, there were 15 homes sold, with a median sale price of $405,000 - a 12.8% increase over the $359,000 median sale price for the same period of the previous year. There were 91 homes sold in Palm Harbor in the second quarter of 2019.

The median sales tax in Palm Harbor for the most recent year with available data, 2019, was $3,331, approximately 0.8% of the median home sale price for the second quarter of 2020.

The following table compares Palm Harbor to other Pinellas County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Belleair Beach423-82.6%$867,500$651,60033.1%
Redington Shores837-78.4%$648,750$457,00042%
Belleair652-88.5%$562,000$312,25080%
St Pete Beach12116-89.7%$455,000$380,00019.7%
Madeira Beach750-86%$410,000$505,000-18.8%
Palm Harbor1591-83.5%$405,000$359,00012.8%
Treasure Island2288-75%$382,500$407,500-6.1%
Indian Shores743-83.7%$360,000$407,500-11.7%
Tarpon Springs29226-87.2%$340,000$237,00043.5%
Indian Rocks Beach449-91.8%$307,750$510,000-39.7%
Safety Harbor2176-72.4%$275,000$306,200-10.2%

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