From July through December of 2020, there were five homes sold, with a median sale price of $32,000 - a 75.4% decrease over the $130,000 median sale price for the same period of the previous year. There were five homes sold in Canal Point (unincorporated) in the second half of 2019, as well.
The median sales tax in Canal Point (unincorporated) for the most recent year with available data, 2018, was $1,085, approximately 3.4% of the median home sale price for the second half of 2020.
The following table compares Canal Point (unincorporated) to other Palm Beach County cities with similar median sale prices in the second half of 2020:
| City | July - Dec. 2020 Home Sales | July - Dec. 2019 Home Sales | % change (Total Home Sales) | July - Dec. 2020 Median Sales Price | July - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| West Boca | 33 | 38 | -13.2% | $160,480 | $116,750 | 37.5% |
| Mangonia Park | 10 | 18 | -44.4% | $160,000 | $88,466.67 | 80.9% |
| Delray Beach (unincorporated) | 1,259 | 1,204 | 4.6% | $158,000 | $140,000 | 12.9% |
| Belle Glade | 42 | 62 | -32.3% | $143,275 | $117,450 | 22% |
| Uninc-33409/West Palm Beach South | 10 | 7 | 42.9% | $137,500 | $95,000 | 44.7% |
| Belle Glade (unincorporated) | 1 | 0 | - | $110,000 | $0 | - |
| West Boynton | 16 | 18 | -11.1% | $108,000 | $83,500 | 29.3% |
| South Bay | 7 | 15 | -53.3% | $98,000 | $47,000 | 108.5% |
| Pahokee | 25 | 29 | -13.8% | $83,500 | $60,000 | 39.2% |
| Uninc-33403/Lake Park | 6 | 5 | 20% | $73,500 | $55,000 | 33.6% |
| Canal Point (unincorporated) | 5 | 5 | 0% | $32,000 | $130,000 | -75.4% |
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