From October through December of 2019, there were eight homes sold, with a median sale price of $28,300 - a 25.5% decrease over the $38,000 median sale price for the same period of the previous year. There were two homes sold in South Bay in the fourth quarter of 2018.
The median sales tax in South Bay for the most recent year with available data, 2014, was $913, approximately 3.2% of the median home sale price for the fourth quarter of 2019.
The following table compares South Bay to other Palm Beach County cities with similar median sales prices in the fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Uninc-33415/Haverhill | 1 | 1 | 0% | $146,250 | $270,000 | -45.8% |
| Delray Beach (unincorporated) | 600 | 591 | 1.5% | $140,500 | $120,000 | 17.1% |
| West Palm Beach (unincorporated) | 584 | 578 | 1% | $128,750 | $135,000 | -4.6% |
| Mangonia Park | 10 | 7 | 42.9% | $100,574.36 | $77,000 | 30.6% |
| West Boca | 17 | 18 | -5.6% | $100,000 | $109,500 | -8.7% |
| Belle Glade | 33 | 18 | 83.3% | $100,000 | $82,550 | 21.1% |
| Uninc-33409/West Palm Beach South | 4 | 3 | 33.3% | $95,000 | $50,000 | 90% |
| West Boynton | 13 | 7 | 85.7% | $68,000 | $37,000 | 83.8% |
| Uninc-33403/Lake Park | 2 | 1 | 100% | $64,500 | $55,000 | 17.3% |
| Pahokee | 19 | 9 | 111.1% | $60,000 | $90,000 | -33.3% |
| South Bay | 8 | 2 | 300% | $28,300 | $38,000 | -25.5% |
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