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Sunday, November 17, 2024

Belle Glade home prices fall in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Belle Glade fell by $23,000 while total sales decreased by 29.3%, according to BlockShopper.com.

From January through June of 2020, there were 29 homes sold, with a median sale price of $80,000 - a 22.3% decrease over the $103,000 median sale price for the same period of the previous year. There were 41 homes sold in Belle Glade in the first half of 2019.

The median sales tax in Belle Glade for the most recent year with available data, 2018, was $1,211, approximately 1.5% of the median home sale price for the first half of 2020.

The following table compares Belle Glade to other Palm Beach County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Delray Beach (unincorporated)1,0551,122-6%$145,000$135,0007.4%
West Palm Beach (unincorporated)1,0471,134-7.7%$142,500$134,6505.8%
West Boca3343-23.3%$136,510$125,0009.2%
South Bay990%$115,000$60,00091.7%
Mangonia Park58-37.5%$96,000$64,00050%
Belle Glade2941-29.3%$80,000$103,000-22.3%
Pahokee241471.4%$70,000$42,60064.3%
Uninc-33403/Lake Park36-50%$66,000$47,00040.4%
Uninc-33409/West Palm Beach South46-33.3%$65,000$157,500-58.7%
Canal Point (unincorporated)3250%$60,000$49,00022.4%
West Boynton2033-39.4%$60,000$68,000-11.8%

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