From July through December of 2019, there were five homes sold, with a median sale price of $130,000 - a 63.5% increase over the $79,500 median sale price for the same period of the previous year. There were six homes sold in Canal Point (unincorporated) in the second half of 2018.
The median sales tax in Canal Point (unincorporated) for the most recent year with available data, 2014, was $929, approximately 0.7% of the median home sale price for the second half of 2019.
The following table compares Canal Point (unincorporated) to other Palm Beach County cities with similar median sales prices in the second half of 2019:
City | July - Dec. 2019 Home Sales | July - Dec. 2018 Home Sales | % change (Total Home Sales) | July - Dec. 2019 Median Sales Price | July - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Belle Glade (unincorporated) | 1 | 3 | -66.7% | $155,000 | $80,000 | 93.8% |
Palm Springs | 202 | 195 | 3.6% | $148,250 | $150,000 | -1.2% |
West Palm Beach (unincorporated) | 1,147 | 1,210 | -5.2% | $140,000 | $130,000 | 7.7% |
Delray Beach (unincorporated) | 1,204 | 1,226 | -1.8% | $140,000 | $125,000 | 12% |
Uninc-33415/Haverhill | 6 | 4 | 50% | $135,625 | $210,500 | -35.6% |
Canal Point (unincorporated) | 5 | 6 | -16.7% | $130,000 | $79,500 | 63.5% |
West Boca | 36 | 30 | 20% | $111,750 | $105,000 | 6.4% |
Belle Glade | 60 | 40 | 50% | $105,000 | $82,550 | 27.2% |
Uninc-33409/West Palm Beach South | 7 | 6 | 16.7% | $95,000 | $99,500 | -4.5% |
Mangonia Park | 18 | 14 | 28.6% | $88,466.67 | $71,750 | 23.3% |
West Boynton | 17 | 14 | 21.4% | $82,000 | $56,500 | 45.1% |