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South Pinellas Times

Saturday, November 2, 2024

Rising home prices in St Petersburg in January 2021

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The median sale price of a home sold in January 2021 in St Petersburg rose by $50,000 while total sales increased by 21%, according to BlockShopper.com.

In January 2021, there were 127 homes sold, with a median sale price of $242,000 - a 26% increase over the $192,000 median sale price for the same period of the previous year. There were 105 homes sold in St Petersburg in January 2020.

The median sales tax in St Petersburg for the most recent year with available data, 2019, was $1,746, approximately 0.7% of the median home sale price for January 2021.

The following table compares St Petersburg to other Pinellas County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Gulfport10911.1%$326,250$207,50057.2%
Palm Harbor50-$319,900$0-
Clearwater5267-22.4%$285,500$200,00042.8%
Dunedin201442.9%$268,250$258,2503.9%
Seminole2024-16.7%$259,000$268,750-3.6%
St Petersburg12710521%$242,000$192,00026%
Tarpon Springs12120%$230,000$201,00014.4%
South Pasadena71600%$224,000$411,000-45.5%
Largo342161.9%$213,500$160,00033.4%
Pinellas Park910-10%$195,000$219,000-11%
Safety Harbor40-$193,000$0-

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