From January through June of 2019, there were 99 homes sold, with a median sale price of $390,000 - a 15.6% increase over the $337,500 median sale price for the same period of the previous year. There were 106 homes sold in Madeira Beach in the first half of 2018.
The median sales tax in Madeira Beach for the most recent year with available data, 2016, was $5,526, approximately 1.4% of the median home sale price for the first half of 2019.
The following table compares Madeira Beach to other Pinellas County cities with similar median sales prices in the first half of 2019:
City | Jan. - June 2019 Home Sales | Jan. - June 2018 Home Sales | % change (Total Home Sales) | Jan. - June 2019 Median Sales Price | Jan. - June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
N Redington Beach | 29 | 33 | -12.1% | $695,000 | $625,000 | 11.2% |
Belleair Beach | 35 | 34 | 2.9% | $651,600 | $566,000 | 15.1% |
Indian Rocks Beach | 96 | 101 | -5% | $525,000 | $510,000 | 2.9% |
Redington Shores | 54 | 68 | -20.6% | $437,500 | $450,000 | -2.8% |
Indian Shores | 71 | 83 | -14.5% | $400,000 | $385,000 | 3.9% |
Madeira Beach | 99 | 106 | -6.6% | $390,000 | $337,500 | 15.6% |
St Pete Beach | 221 | 264 | -16.3% | $377,500 | $389,000 | -3% |
Palm Harbor | 167 | 177 | -5.6% | $355,000 | $370,000 | -4.1% |
Treasure Island | 167 | 200 | -16.5% | $335,000 | $329,500 | 1.7% |
Redington Beach | 23 | 37 | -37.8% | $325,000 | $550,000 | -40.9% |
Belleair | 91 | 87 | 4.6% | $322,000 | $375,000 | -14.1% |