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Saturday, September 21, 2024

The first half of 2021: Home prices in Palm Harbor increased

Realestate077

The median sale price of a home sold in the first half of 2021 in Palm Harbor rose by $16,000 while total sales increased by 50%, according to BlockShopper.com.

From January through June of 2021, there were 39 homes sold, with a median sale price of $436,000 - a 3.8% increase over the $420,000 median sale price for the same period of the previous year. There were 26 homes sold in Palm Harbor in the first half of 2020.

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 first half of 2021.

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

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Indian Rocks Beach211190.9%$600,000$429,90039.6%
Madeira Beach4217147.1%$537,250$447,70020%
Belleair3015100%$495,000$381,00029.9%
St Pete Beach473151.6%$459,000$480,000-4.4%
Indian Shores181520%$440,000$375,00017.3%
Palm Harbor392650%$436,000$420,0003.8%
Treasure Island46429.5%$412,500$322,00028.1%
Safety Harbor393414.7%$337,900$295,00014.5%
Tarpon Springs997433.8%$310,000$254,95021.6%
Dunedin1141076.5%$292,500$240,00021.9%
Gulfport4352-17.3%$277,500$231,50019.9%

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