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South Pinellas Times

Tuesday, November 5, 2024

Madeira Beach home prices rise in March 2020

Realestate4

The median sale price of a home sold in March 2020 in Madeira Beach rose by $250,000 while total sales decreased by 81%, according to BlockShopper.com.

In March 2020, there were four homes sold, with a median sale price of $530,000 - a 89.3% increase over the $280,000 median sale price for the same period of the previous year. There were 21 homes sold in Madeira Beach in March 2019.

The median sales tax in Madeira Beach for the most recent year with available data, 2016, was $5,526, approximately 1% of the median home sale price for March 2020.

The following table compares Madeira Beach to other Pinellas County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Indian Rocks Beach122-95.5%$650,000$562,50015.6%
N Redington Beach15-80%$617,500$620,000-0.4%
St Pete Beach253-96.2%$609,500$415,00046.9%
Belleair513-61.5%$548,000$236,900131.3%
Madeira Beach421-81%$530,000$280,00089.3%
Palm Harbor131-96.8%$523,000$355,00047.3%
Redington Beach23-33.3%$459,500$1,920,000-76.1%
Treasure Island537-86.5%$449,000$300,00049.7%
Redington Shores36-50%$420,000$411,0002.2%
Indian Shores110-90%$375,000$410,000-8.5%
Safety Harbor735-80%$340,500$310,0009.8%

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