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Friday, November 15, 2024

How did home prices perform in Pahokee during the first quarter of 2021?

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The median sale price of a home sold in the first quarter of 2021 in Pahokee rose by $87,050 while total sales remained unchanged with 13 homes sold, according to BlockShopper.com.

From January through March of 2021, there were 13 homes sold, with a median sale price of $139,550 - a 165.8% increase over the $52,500 median sale price for the same period of the previous year. There were 13 homes sold in Pahokee in the first quarter of 2020, as well.

The median sales tax in Pahokee for the most recent year with available data, 2018, was $828, approximately 0.6% of the median home sale price for the first quarter of 2021.

The following table compares Pahokee to other Palm Beach County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
West Boca1619-15.8%$169,250$127,00033.3%
Palm Springs98953.2%$162,575$159,9001.7%
Belle Glade2310130%$155,000$112,50037.8%
West Palm Beach (unincorporated)591599-1.3%$155,000$140,00010.7%
Delray Beach (unincorporated)68860413.9%$152,000$144,7505%
Pahokee13130%$139,550$52,500165.8%
Uninc-33409/West Palm Beach South31200%$115,000$130,000-11.5%
Mangonia Park73133.3%$84,000$80,0005%
Canal Point (unincorporated)220%$80,500$85,000-5.3%
West Boynton11110%$75,000$65,50014.5%
Uninc-33415/Haverhill23-33.3%$37,500$225,000-83.3%

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