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Pinellas Times

Saturday, November 23, 2024

Pinellas County home prices fall in January 2023 compared to January 2022

Realestate3

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Adobe Stock

In January 2023, the median sale price of a home in Pinellas County fell by $88,050 from the same period in the previous year, while total sales decreased by 84.7%, according to BlockShopper.com.

Data shows that there were 40 homes sold in January 2023, with a median sale price of $220,950 - a 28.5% decrease from the $309,000 median sale price for the same period of the previous year. There were 261 homes sold in Pinellas County in January 2022.

For context, the median sales tax in Pinellas County, based on the latest available data from 2019, was $1,941, which stands at 0.9% of January 2023's median home sale price.

The following histogram displays changes in median sales prices in Pinellas County from January 2022 to January 2023.

January 2022February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023$309,000$309,000$300,000$300,000$301,000$301,000$350,000$350,000$316,000$316,000$350,000$350,000$349,500$349,500$342,500$342,500$352,000$352,000$339,900$339,900$242,500$242,500$290,000$290,000$220,950$220,950

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