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South Pinellas Times

Friday, November 1, 2024

How did home prices perform in Madeira Beach during February 2021?

Realestate5

The median sale price of a home sold in February 2021 in Madeira Beach rose by $24,500 while total sales increased by 250%, according to BlockShopper.com.

In February 2021, there were seven homes sold, with a median sale price of $432,000 - a 6% increase over the $407,500 median sale price for the same period of the previous year. There were two homes sold in Madeira Beach in February 2020.

The median sales tax in Madeira Beach for the most recent year with available data, 2019, was $4,652, approximately 1.1% of the median home sale price for February 2021.

The following table compares Madeira Beach to other Pinellas County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Redington Beach30-$700,000$0-
Redington Shores52150%$600,000$505,00018.8%
Belleair52150%$580,000$582,500-0.4%
Palm Harbor24-50%$530,400$400,00032.6%
Treasure Island5366.7%$440,000$270,00063%
Madeira Beach72250%$432,000$407,5006%
Belleair Bluffs12-50%$430,000$256,50067.6%
Indian Shores62200%$405,000$357,50013.3%
Safety Harbor5425%$325,000$428,700-24.2%
Dunedin1322-40.9%$275,000$211,75029.9%
Pinellas Park821-61.9%$261,550$200,00030.8%

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