From January through March of 2020, there were 10 homes sold, with a median sale price of $482,500 - a 53.2% increase over the $315,000 median sale price for the same period of the previous year. There were 51 homes sold in Madeira Beach in the first quarter of 2019.
The median sales tax in Madeira Beach for the most recent year with available data, 2016, was $5,526, approximately 1.1% of the median home sale price for the first quarter of 2020.
The following table compares Madeira Beach to other Pinellas County cities with similar median sales prices in the first quarter of 2020:
| City | Jan. - Mar. 2020 Home Sales | Jan. - Mar. 2019 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2020 Median Sales Price | Jan. - Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Belleair Beach | 3 | 12 | -75% | $815,000 | $616,500 | 32.2% |
| N Redington Beach | 2 | 15 | -86.7% | $636,250 | $757,500 | -16% |
| Indian Rocks Beach | 6 | 49 | -87.8% | $616,500 | $535,000 | 15.2% |
| Palm Harbor | 5 | 76 | -93.4% | $515,000 | $352,500 | 46.1% |
| Madeira Beach | 10 | 51 | -80.4% | $482,500 | $315,000 | 53.2% |
| Belleair | 8 | 39 | -79.5% | $464,500 | $325,000 | 42.9% |
| St Pete Beach | 15 | 105 | -85.7% | $425,000 | $375,000 | 13.3% |
| Redington Shores | 5 | 19 | -73.7% | $420,000 | $425,000 | -1.2% |
| Safety Harbor | 11 | 77 | -85.7% | $397,500 | $267,000 | 48.9% |
| Indian Shores | 6 | 28 | -78.6% | $391,500 | $394,500 | -0.8% |
| Redington Beach | 4 | 9 | -55.6% | $355,250 | $315,000 | 12.8% |
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