From January through June of 2020, there were three homes sold, with a median sale price of $60,000 - a 22.4% increase over the $49,000 median sale price for the same period of the previous year. There were two homes sold in Canal Point (unincorporated) in the first half of 2019.
The median sales tax in Canal Point (unincorporated) for the most recent year with available data, 2018, was $1,085, approximately 1.8% of the median home sale price for the first half of 2020.
The following table compares Canal Point (unincorporated) to other Palm Beach County cities with similar median sales prices in the first half of 2020:
| City | Jan. - June 2020 Home Sales | Jan. - June 2019 Home Sales | % change (Total Home Sales) | Jan. - June 2020 Median Sales Price | Jan. - June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| West Palm Beach (unincorporated) | 1,047 | 1,134 | -7.7% | $142,500 | $134,650 | 5.8% |
| West Boca | 33 | 43 | -23.3% | $136,510 | $125,000 | 9.2% |
| South Bay | 9 | 9 | 0% | $115,000 | $60,000 | 91.7% |
| Mangonia Park | 5 | 8 | -37.5% | $96,000 | $64,000 | 50% |
| Belle Glade | 29 | 41 | -29.3% | $80,000 | $103,000 | -22.3% |
| Pahokee | 24 | 14 | 71.4% | $70,000 | $42,600 | 64.3% |
| Uninc-33403/Lake Park | 3 | 6 | -50% | $66,000 | $47,000 | 40.4% |
| Uninc-33409/West Palm Beach South | 4 | 6 | -33.3% | $65,000 | $157,500 | -58.7% |
| Canal Point (unincorporated) | 3 | 2 | 50% | $60,000 | $49,000 | 22.4% |
| West Boynton | 20 | 33 | -39.4% | $60,000 | $68,000 | -11.8% |
| Belle Glade (unincorporated) | 1 | 3 | -66.7% | $20,000 | $85,000 | -76.5% |
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