The median sale price of a home sold in January 2021 in South Palm Beach fell by $50,000 while total sales increased by 55.6%, according to BlockShopper.com.
In January 2021, there were 14 homes sold, with a median sale price of $260,000 - a 16.1% decrease over the $310,000 median sale price for the same period of the previous year. There were nine homes sold in South Palm Beach in January 2020.
The median sales tax in South Palm Beach for the most recent year with available data, 2018, was $3,688, approximately 1.4% of the median home sale price for January 2021.
The following table compares South Palm Beach to other Palm Beach County cities with similar median sale prices in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Boynton Beach (unincorporated) | 230 | 205 | 12.2% | $293,250 | $253,000 | 15.9% |
| Royal Palm Beach (unincorporated) | 50 | 48 | 4.2% | $292,000 | $140,750 | 107.5% |
| Lake Worth | 213 | 219 | -2.7% | $290,000 | $230,000 | 26.1% |
| Boca Del Mar CDP | 40 | 38 | 5.3% | $270,000 | $250,000 | 8% |
| Royal Palm Beach | 87 | 66 | 31.8% | $269,000 | $260,999.50 | 3.1% |
| South Palm Beach | 14 | 9 | 55.6% | $260,000 | $310,000 | -16.1% |
| Lake Park | 14 | 12 | 16.7% | $256,750 | $233,500 | 10% |
| Lake Worth Corridor CDP | 18 | 12 | 50% | $243,750 | $216,700 | 12.5% |
| Boynton Beach | 165 | 167 | -1.2% | $229,000 | $183,000 | 25.1% |
| West Palm Beach | 264 | 240 | 10% | $228,000 | $190,000 | 20% |
| Sandalfoot Cove CDP | 31 | 31 | 0% | $206,000 | $234,500 | -12.2% |
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