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Okeechobee Times

Friday, November 15, 2024

Canal Point (unincorporated) median home prices fell by 23.3% in the first half of 2021

Realestate2

The median sale price of a home sold in the first half of 2021 in Canal Point (unincorporated) fell by $14,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through June of 2021, there were three homes sold, with a median sale price of $46,000 - a 23.3% decrease over the $60,000 median sale price for the same period of the previous year. There were three homes sold in Canal Point (unincorporated) in the first half of 2020, as well.

The median sales tax in Canal Point (unincorporated) for the most recent year with available data, 2018, was $1,085, approximately 2.4% of the median home sale price for the first half of 2021.

The following table compares Canal Point (unincorporated) to other Palm Beach County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Palm Springs1681558.4%$159,750$164,000-2.6%
Delray Beach (unincorporated)1,3541,05628.2%$156,000$145,0007.6%
West Palm Beach (unincorporated)1,0821,0512.9%$155,000$145,0006.9%
South Bay69-33.3%$137,500$115,00019.6%
Uninc-33415/Haverhill440%$97,500$154,000-36.7%
Mangonia Park135160%$84,000$96,000-12.5%
Pahokee2024-16.7%$83,700$70,00019.6%
Uninc-33403/Lake Park23-33.3%$80,000$66,00021.2%
West Boynton242020%$77,500$60,00029.2%
Uninc-33409/West Palm Beach South5425%$65,000$65,0000%
Canal Point (unincorporated)330%$46,000$60,000-23.3%

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