Madeira Beach home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Madeira Beach rose by $102,500 while total sales decreased by 45.5%, according to

In September 2020, there were six homes sold, with a median sale price of $342,500 - a 42.7% increase over the $240,000 median sale price for the same period of the previous year. There were 11 homes sold in Madeira Beach in September 2019.

The median sales tax in Madeira Beach for the most recent year with available data, 2019, was $4,652, approximately 1.4% of the median home sale price for September 2020.

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

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Treasure Island322-86.4%$699,900$312,500124%
St Pete Beach1348-72.9%$659,000$419,50057.1%
Belleair Beach26-66.7%$590,000$578,1002.1%
Redington Shores17-85.7%$390,000$490,000-20.4%
Indian Rocks Beach315-80%$385,000$481,000-20%
Madeira Beach611-45.5%$342,500$240,00042.7%
Safety Harbor431-87.1%$342,450$299,00014.5%
Indian Shores118-94.4%$337,500$445,000-24.2%
Palm Harbor326-88.5%$285,000$375,900-24.2%
Belleair Bluffs13-66.7%$269,000$370,000-27.3%

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