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South Pinellas Times

Wednesday, November 6, 2024

Madeira Beach home prices fall in July 2020

Re 7

The median sale price of a home sold in July 2020 in Madeira Beach fell by $155,000 while total sales decreased by 63.6%, according to BlockShopper.com.

In July 2020, there were four homes sold, with a median sale price of $375,000 - a 29.2% decrease over the $530,000 median sale price for the same period of the previous year. There were 11 homes sold in Madeira Beach in July 2019.

The median sales tax in Madeira Beach for the most recent year with available data, 2019, was $4,652, approximately 1.2% of the median home sale price for July 2020.

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

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Belleair Beach25-60%$574,500$710,000-19.1%
Indian Rocks Beach211-81.8%$538,500$425,00026.7%
Redington Beach24-50%$433,250$384,50012.7%
St Pete Beach850-84%$410,000$395,0003.8%
Treasure Island735-80%$383,000$360,0006.4%
Madeira Beach411-63.6%$375,000$530,000-29.2%
Seminole16151-89.4%$345,950$229,00051.1%
South Pasadena320-85%$300,000$221,25035.6%
Safety Harbor640-85%$290,000$278,5504.1%
Oldsmar739-82.1%$283,500$319,500-11.3%
Dunedin1175-85.3%$280,000$250,00012%

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