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Saturday, November 16, 2024

Largo home prices rise in the first quarter of 2020

Realestate1

The median sale price of a home sold in the first quarter of 2020 in Largo rose by $19,600 while total sales decreased by 84.4%, according to BlockShopper.com.

From January through March of 2020, there were 66 homes sold, with a median sale price of $194,600 - a 11.2% increase over the $175,000 median sale price for the same period of the previous year. There were 423 homes sold in Largo in the first quarter of 2019.

The median sales tax in Largo for the most recent year with available data, 2016, was $2,268, approximately 1.2% of the median home sale price for the first quarter of 2020.

The following table compares Largo 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)
Kenneth City325-88%$255,000$160,00059.4%
Belleair Bluffs517-70.6%$250,000$225,90010.7%
Seminole65331-80.4%$240,000$197,50021.5%
Dunedin55232-76.3%$237,900$246,000-3.3%
Oldsmar1494-85.1%$232,500$228,4501.8%
St Petersburg3151,848-83%$213,300$188,00013.5%
Gulfport23105-78.1%$207,500$205,0001.2%
Pinellas Park43223-80.7%$202,000$165,00022.4%
Tarpon Springs39180-78.3%$200,000$234,500-14.7%
Largo66423-84.4%$194,600$175,00011.2%
Clearwater166824-79.9%$187,000$178,0505%

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