January 2021: Tequesta experienced a 12.9% drop in median home prices

Medium realestate1

The median sale price of a home sold in January 2021 in Tequesta fell by $55,000 while total sales decreased by 50%, according to BlockShopper.com.

In January 2021, there were 10 homes sold, with a median sale price of $370,000 - a 12.9% decrease over the $425,000 median sale price for the same period of the previous year. There were 20 homes sold in Tequesta in January 2020.

The median sales tax in Tequesta for the most recent year with available data, 2018, was $4,294, approximately 1.2% of the median home sale price for January 2021.

The following table compares Tequesta to other Palm Beach County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Lake Clarke Shores57-28.6%$450,000$375,00020%
Loxahatchee (unincorporated)2125-16%$425,000$315,00034.9%
Juno Beach2412100%$405,000$470,000-13.8%
Palm Beach Gardens17913631.6%$367,500$330,00011.4%
North Palm Beach504025%$332,500$322,4503.1%
Uninc-33413/West Palm Beach Canal10-$325,000$0-

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