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St. Pete Standard

Saturday, November 16, 2024

St Petersburg median home prices rose by 17.5% in the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in St Petersburg rose by $37,300 while total sales increased by 26.4%, according to BlockShopper.com.

From January through March of 2021, there were 441 homes sold, with a median sale price of $250,000 - a 17.5% increase over the $212,700 median sale price for the same period of the previous year. There were 349 homes sold in St Petersburg in the first quarter of 2020.

The median sales tax in St Petersburg for the most recent year with available data, 2019, was $1,746, approximately 0.7% of the median home sale price for the first quarter of 2021.

The following table compares St Petersburg to other Pinellas County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Indian Shores11757.1%$425,000$390,0009%
Palm Harbor2110110%$369,000$400,000-7.8%
Belleair Bluffs25-60%$297,000$250,00018.8%
Dunedin706311.1%$280,050$237,50017.9%
Gulfport292420.8%$267,000$206,25029.5%
St Petersburg44134926.4%$250,000$212,70017.5%
Seminole817114.1%$250,000$235,0006.4%
Tarpon Springs47446.8%$247,500$197,45025.3%
Clearwater22218917.5%$247,450$186,00033%
Largo1117548%$245,100$200,00022.6%
Safety Harbor141216.7%$241,750$419,100-42.3%

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