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Sunday, September 22, 2024

The first quarter of 2021: Home prices in Palm Harbor fell

Realestate077

The median sale price of a home sold in the first quarter of 2021 in Palm Harbor fell by $31,000 while total sales increased by 110%, according to BlockShopper.com.

From January through March of 2021, there were 21 homes sold, with a median sale price of $369,000 - a 7.8% decrease over the $400,000 median sale price for the same period of the previous year. There were 10 homes sold in Palm Harbor in the first quarter of 2020.

The median sales tax in Palm Harbor for the most recent year with available data, 2019, was $3,331, approximately 0.9% of the median home sale price for the first quarter of 2021.

The following table compares Palm Harbor to other Pinellas County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Indian Rocks Beach11757.1%$531,000$595,000-10.8%
St Pete Beach261844.4%$472,000$492,000-4.1%
Madeira Beach2110110%$440,000$482,500-8.8%
Treasure Island201811.1%$437,500$287,50052.2%
Indian Shores11757.1%$425,000$390,0009%
Palm Harbor2110110%$369,000$400,000-7.8%
Belleair Bluffs25-60%$297,000$250,00018.8%
Dunedin706311.1%$280,050$237,50017.9%
Gulfport292420.8%$267,000$206,25029.5%
St Petersburg44134926.4%$250,000$212,70017.5%
Seminole817114.1%$250,000$235,0006.4%

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