The second half of 2020: Home prices in Palm Harbor increased

The second half of 2020: Home prices in Palm Harbor increased
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The median sale price of a home sold in the second half of 2020 in Palm Harbor rose by $102,000 while total sales decreased by 77%, according to BlockShopper.com.

From July through December of 2020, there were 38 homes sold, with a median sale price of $447,000 – a 29.6% increase over the $345,000 median sale price for the same period of the previous year. There were 165 homes sold in Palm Harbor in the second half of 2019.

The median sales tax in Palm Harbor for the most recent year with available data, 2019, was $3,331, approximately 0.7% of the median home sale price for the second half of 2020.

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

City July – Dec. 2020 Home Sales July – Dec. 2019 Home Sales % change (Total Home Sales) July – Dec. 2020 Median Sales Price July – Dec. 2019 Median Sales Price % change (Median Sales Price)
Belleair Beach 16 35 -54.3% $590,000 $625,000 -5.6%
Redington Shores 12 57 -78.9% $589,500 $510,000 15.6%
Indian Rocks Beach 24 69 -65.2% $565,000 $499,900 13%
St Pete Beach 69 239 -71.1% $460,000 $395,000 16.5%
Belleair 16 91 -82.4% $453,750 $325,000 39.6%
Palm Harbor 38 165 -77% $447,000 $345,000 29.6%
Treasure Island 35 170 -79.4% $410,000 $377,450 8.6%
Madeira Beach 26 89 -70.8% $380,000 $455,000 -16.5%
Safety Harbor 40 202 -80.2% $364,500 $300,500 21.3%
Indian Shores 19 87 -78.2% $343,000 $435,000 -21.1%
Oldsmar 53 180 -70.6% $329,000 $261,000 26.1%


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