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South Pinellas Times

Saturday, April 19, 2025

Madeira Beach home prices rise in the second quarter of 2019

Webp realestate4

The median sale price of a home sold in the second quarter of 2019 in Madeira Beach rose by $115,500 while total sales decreased by 22.6%, according to BlockShopper.com.

From April through June of 2019, there were 48 homes sold, with a median sale price of $487,500 - a 31% increase over the $372,000 median sale price for the same period of the previous year. There were 62 homes sold in Madeira Beach in the second quarter of 2018.

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 second quarter of 2019.

The following table compares Madeira Beach to other Pinellas County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
N Redington Beach1416-12.5%$665,000$615,0008.1%
Belleair Beach231643.8%$651,600$553,50017.7%
Indian Rocks Beach4761-23%$515,000$533,700-3.5%
Madeira Beach4862-22.6%$487,500$372,00031%
Redington Shores35342.9%$440,000$450,000-2.2%
Indian Shores433910.3%$407,500$380,0007.2%
Treasure Island87119-26.9%$400,000$350,00014.3%
St Pete Beach116144-19.4%$380,000$394,000-3.6%
Palm Harbor91111-18%$359,000$375,500-4.4%
Redington Beach1423-39.1%$337,000$626,000-46.2%
Belleair523644.4%$312,250$378,250-17.4%

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