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Saturday, November 16, 2024

Indian Rocks Beach home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Indian Rocks Beach rose by $81,500 while total sales decreased by 87.8%, according to BlockShopper.com.

From January through March of 2020, there were six homes sold, with a median sale price of $616,500 - a 15.2% increase over the $535,000 median sale price for the same period of the previous year. There were 49 homes sold in Indian Rocks Beach in the first quarter of 2019.

The median sales tax in Indian Rocks Beach for the most recent year with available data, 2016, was $6,032, approximately 1% of the median home sale price for the first quarter of 2020.

The following table compares Indian Rocks Beach to other Pinellas County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Belleair Beach312-75%$815,000$616,50032.2%
N Redington Beach215-86.7%$636,250$757,500-16%
Indian Rocks Beach649-87.8%$616,500$535,00015.2%
Palm Harbor576-93.4%$515,000$352,50046.1%
Madeira Beach1051-80.4%$482,500$315,00053.2%
Belleair839-79.5%$464,500$325,00042.9%
St Pete Beach15105-85.7%$425,000$375,00013.3%
Redington Shores519-73.7%$420,000$425,000-1.2%
Safety Harbor1177-85.7%$397,500$267,00048.9%
Indian Shores628-78.6%$391,500$394,500-0.8%
Redington Beach49-55.6%$355,250$315,00012.8%

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