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South Pinellas Times

Tuesday, November 5, 2024

Indian Shores home prices fall in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Indian Shores fell by $3,000 while total sales decreased by 78.6%, according to BlockShopper.com.

From January through March of 2020, there were six homes sold, with a median sale price of $391,500 - a 0.8% decrease over the $394,500 median sale price for the same period of the previous year. There were 28 homes sold in Indian Shores in the first quarter of 2019.

The median sales tax in Indian Shores for the most recent year with available data, 2016, was $4,970, approximately 1.3% of the median home sale price for the first quarter of 2020.

The following table compares Indian Shores to other Pinellas County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Madeira Beach1051-80.4%$482,500$315,00053.2%
Belleair839-79.5%$464,500$325,00042.9%
St Pete Beach15105-85.7%$425,000$375,00013.3%
Redington Shores519-73.7%$420,000$425,000-1.2%
Safety Harbor1177-85.7%$397,500$267,00048.9%
Indian Shores628-78.6%$391,500$394,500-0.8%
Redington Beach49-55.6%$355,250$315,00012.8%
South Pasadena635-82.9%$330,500$185,00078.6%
Treasure Island1680-80%$266,250$280,000-4.9%
Kenneth City325-88%$255,000$160,00059.4%
Belleair Bluffs517-70.6%$250,000$225,90010.7%

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