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From October through December of 2021, there were 16 homes sold, with a median sale price of $750,000 - a 44.9% increase over the $517,500 median sale price for the same period of the previous year. There were 12 homes sold in Madeira Beach in the fourth quarter of 2020.
The median sales tax in Madeira Beach for the most recent year with available data, 2019, was $4,652, approximately 0.6% of the median home sale price for the fourth quarter of 2021.
The following table compares Madeira Beach to other Pinellas County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Madeira Beach | 16 | 12 | 33.3% | $750,000 | $517,500 | 44.9% |
| Redington Beach | 3 | 4 | -25% | $748,000 | $764,950 | -2.2% |
| Belleair Beach | 3 | 5 | -40% | $649,000 | $668,000 | -2.8% |
| Indian Shores | 14 | 11 | 27.3% | $643,400 | $385,000 | 67.1% |
| N Redington Beach | 4 | 4 | 0% | $611,500 | $692,500 | -11.7% |
| St Pete Beach | 21 | 34 | -38.2% | $600,000 | $465,000 | 29% |
| Indian Rocks Beach | 10 | 10 | 0% | $597,500 | $660,950 | -9.6% |
| Belleair Bluffs | 1 | 5 | -80% | $546,000 | $310,000 | 76.1% |
| Palm Harbor | 14 | 21 | -33.3% | $475,000 | $464,000 | 2.4% |
| Safety Harbor | 14 | 21 | -33.3% | $407,500 | $370,000 | 10.1% |
| Redington Shores | 7 | 5 | 40% | $382,500 | $800,000 | -52.2% |
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