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Saturday, November 16, 2024

Falling home prices in South Pasadena in March 2021

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The median sale price of a home sold in March 2021 in South Pasadena fell by $104,000 while total sales decreased by 40%, according to BlockShopper.com.

In March 2021, there were three homes sold, with a median sale price of $189,000 - a 35.5% decrease over the $293,000 median sale price for the same period of the previous year. There were five homes sold in South Pasadena in March 2020.

The median sales tax in South Pasadena for the most recent year with available data, 2019, was $2,212, approximately 1.2% of the median home sale price for March 2021.

The following table compares South Pasadena to other Pinellas County cities with similar median sale prices in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Oldsmar660%$287,500$274,9504.6%
St Pete Beach105100%$267,500$625,000-57.2%
St Petersburg17212339.8%$267,000$237,00012.7%
Dunedin27270%$261,000$235,00011.1%
Clearwater887714.3%$236,950$180,00031.6%
Gulfport12933.3%$230,500$244,000-5.5%
Seminole2224-8.3%$227,500$223,5001.8%
Pinellas Park221729.4%$222,500$175,00027.1%
Safety Harbor38-62.5%$213,500$390,600-45.3%
South Pasadena35-40%$189,000$293,000-35.5%
Kenneth City3250%$75,000$250,000-70%

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