In May 2019, there were two homes sold, with a median sale price of $88,500 - a 60.9% increase over the $55,000 median sale price for the same period of the previous year. There were three homes sold in South Bay in May 2018.
The median sales tax in South Bay for the most recent year with available data, 2014, was $913, approximately 1% of the median home sale price for May 2019.
The following table compares South Bay to other Palm Beach County cities with similar median sales prices in May 2019:
City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Palm Springs | 40 | 38 | 5.3% | $157,000 | $142,050 | 10.5% |
Belle Glade | 7 | 7 | 0% | $135,000 | $110,000 | 22.7% |
West Boca | 6 | 3 | 100% | $135,000 | $103,000 | 31.1% |
Pahokee | 1 | 5 | -80% | $130,000 | $40,000 | 225% |
Delray Beach (unincorporated) | 228 | 184 | 23.9% | $130,000 | $125,000 | 4% |
West Palm Beach (unincorporated) | 248 | 183 | 35.5% | $119,000 | $135,000 | -11.9% |
South Bay | 2 | 3 | -33.3% | $88,500 | $55,000 | 60.9% |
Uninc-33415/Haverhill | 2 | 1 | 100% | $68,500 | $4,700,000 | -98.5% |
West Boynton | 8 | 2 | 300% | $59,000 | $30,500 | 93.4% |
Mangonia Park | 1 | 0 | - | $56,000 | $0 | - |
Uninc-33403/Lake Park | 1 | 0 | - | $52,000 | $0 | - |