Tequesta (unincorporated) home prices rise in October 2020

Medium realestate4

The median sale price of a home sold in October 2020 in Tequesta (unincorporated) rose by $605,000 while total sales increased by 75%, according to BlockShopper.com.

In October 2020, there were seven homes sold, with a median sale price of $930,000 - a 186.2% increase over the $325,000 median sale price for the same period of the previous year. There were four homes sold in Tequesta (unincorporated) in October 2019.

The median sales tax in Tequesta (unincorporated) for the most recent year with available data, 2018, was $4,745, approximately 0.5% of the median home sale price for October 2020.

The following table compares Tequesta (unincorporated) to other Palm Beach 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)
Jupiter Inlet Colony4333.3%$2,003,112.50$1,675,00019.6%
Manalapan110%$1,841,100$6,100,000-69.8%
North Palm Beach (unincorporated)15887.5%$1,060,000$1,285,000-17.5%
Palm Beach643393.9%$1,036,875$667,50055.3%
Ocean Ridge83166.7%$932,550$2,162,500-56.9%
Tequesta (unincorporated)7475%$930,000$325,000186.2%
Highland Beach2512108.3%$723,000$458,12557.8%
West Delray110%$575,000$625,000-8%
Atlantis411-63.6%$549,250$380,00044.5%
Palm Beach Gardens (unincorporated)3132-3.1%$540,000$304,00077.6%
Jupiter (unincorporated)362544%$486,250$455,0006.9%

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