From October through December of 2020, there were 12 homes sold, with a median sale price of $517,500 - a 14.4% increase over the $452,500 median sale price for the same period of the previous year. There were 56 homes sold in Madeira Beach in the fourth quarter of 2019.
The median sales tax in Madeira Beach for the most recent year with available data, 2019, was $4,652, approximately 0.9% of the median home sale price for the fourth quarter of 2020.
The following table compares Madeira Beach to other Pinellas County cities with similar median sale prices in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Redington Shores | 5 | 29 | -82.8% | $800,000 | $505,000 | 58.4% |
| Redington Beach | 4 | 13 | -69.2% | $764,950 | $619,900 | 23.4% |
| N Redington Beach | 2 | 16 | -87.5% | $692,500 | $759,700 | -8.8% |
| Belleair Beach | 5 | 14 | -64.3% | $668,000 | $590,750 | 13.1% |
| Indian Rocks Beach | 9 | 31 | -71% | $636,900 | $499,900 | 27.4% |
| Madeira Beach | 12 | 56 | -78.6% | $517,500 | $452,500 | 14.4% |
| Palm Harbor | 20 | 70 | -71.4% | $459,500 | $329,950 | 39.3% |
| Belleair | 8 | 46 | -82.6% | $453,750 | $324,000 | 40% |
| St Pete Beach | 31 | 99 | -68.7% | $439,000 | $412,000 | 6.6% |
| Treasure Island | 13 | 72 | -81.9% | $425,000 | $392,250 | 8.3% |
| Indian Shores | 10 | 43 | -76.7% | $375,500 | $501,100 | -25.1% |
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