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:
City | Jan. - June 2021 Home Sales | Jan. - June 2020 Home Sales | % change (Total Home Sales) | Jan. - June 2021 Median Sales Price | Jan. - June 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Palm Springs | 168 | 155 | 8.4% | $159,750 | $164,000 | -2.6% |
Delray Beach (unincorporated) | 1,354 | 1,056 | 28.2% | $156,000 | $145,000 | 7.6% |
West Palm Beach (unincorporated) | 1,082 | 1,051 | 2.9% | $155,000 | $145,000 | 6.9% |
South Bay | 6 | 9 | -33.3% | $137,500 | $115,000 | 19.6% |
Uninc-33415/Haverhill | 4 | 4 | 0% | $97,500 | $154,000 | -36.7% |
Mangonia Park | 13 | 5 | 160% | $84,000 | $96,000 | -12.5% |
Pahokee | 20 | 24 | -16.7% | $83,700 | $70,000 | 19.6% |
Uninc-33403/Lake Park | 2 | 3 | -33.3% | $80,000 | $66,000 | 21.2% |
West Boynton | 24 | 20 | 20% | $77,500 | $60,000 | 29.2% |
Uninc-33409/West Palm Beach South | 5 | 4 | 25% | $65,000 | $65,000 | 0% |
Canal Point (unincorporated) | 3 | 3 | 0% | $46,000 | $60,000 | -23.3% |