Madeira Beach home prices rise in October 2020

Medium realestate4

The median sale price of a home sold in October 2020 in Madeira Beach rose by $135,000 while total sales decreased by 73.9%, according to BlockShopper.com.

In October 2020, there were six homes sold, with a median sale price of $560,000 - a 31.8% increase over the $425,000 median sale price for the same period of the previous year. There were 23 homes sold in Madeira Beach in October 2019.

The median sales tax in Madeira Beach for the most recent year with available data, 2019, was $4,652, approximately 0.8% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Belleair Beach16-83.3%$695,000$740,000-6.1%
N Redington Beach23-33.3%$692,500$620,00011.7%
Indian Shores118-94.4%$653,500$482,50035.4%
Belleair318-83.3%$650,000$362,50079.3%
St Pete Beach936-75%$580,000$446,50029.9%
Madeira Beach623-73.9%$560,000$425,00031.8%
Treasure Island625-76%$475,000$365,00030.1%
Safety Harbor830-73.3%$426,500$335,00027.3%
Kenneth City18-87.5%$400,000$97,500310.3%
Oldsmar829-72.4%$372,000$220,00069.1%
South Pasadena417-76.5%$367,500$255,00044.1%

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