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St. Pete Standard

Wednesday, November 27, 2024

How did home prices perform in St Petersburg during January 2022?

Realestate3

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Adobe Stock

The median sale price of a home sold in January 2022 in St Petersburg rose by $16,500 while total sales decreased by 49.3%, according to BlockShopper.com.

In January 2022, there were 74 homes sold, with a median sale price of $264,500 - a 6.7% increase over the $248,000 median sale price for the same period of the previous year. There were 146 homes sold in St Petersburg in January 2021.

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 January 2022.

The following table compares St Petersburg to other Pinellas County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Seminole726-73.1%$349,900$241,50044.9%
Tarpon Springs1113-15.4%$344,000$290,00018.6%
Clearwater4063-36.5%$322,500$285,00013.2%
Gulfport311-72.7%$300,000$337,500-11.1%
Safety Harbor36-50%$280,000$228,25022.7%
Largo1937-48.6%$275,000$179,90052.9%
St Petersburg74146-49.3%$264,500$248,0006.7%
Pinellas Park131030%$240,000$197,50021.5%
South Pasadena27-71.4%$225,000$224,0000.4%
Palm Harbor45-20%$208,650$319,900-34.8%
Kenneth City10-$101,000$0-

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