From July through December of 2021, there were 11 homes sold, with a median sale price of $101,000 - a 6% decrease over the $107,500 median sale price for the same period of the previous year. There were eight homes sold in South Bay in the second half of 2020.
The median sales tax in South Bay for the most recent year with available data, 2018, was $966, approximately 1% of the median home sale price for the second half of 2021.
The following table compares South Bay to other Palm Beach County cities with similar median sale prices in the second half of 2021:
City | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Canal Point (unincorporated) | 3 | 5 | -40% | $190,000 | $32,000 | 493.8% |
Delray Beach (unincorporated) | 1,437 | 1,259 | 14.1% | $180,000 | $158,000 | 13.9% |
West Palm Beach (unincorporated) | 1,294 | 1,175 | 10.1% | $177,000 | $165,000 | 7.3% |
Belle Glade (unincorporated) | 1 | 1 | 0% | $170,000 | $110,000 | 54.5% |
Uninc-33409/West Palm Beach South | 12 | 10 | 20% | $147,500 | $137,500 | 7.3% |
Uninc-33403/Lake Park | 4 | 6 | -33.3% | $140,000 | $73,500 | 90.5% |
Pahokee | 15 | 25 | -40% | $130,000 | $83,500 | 55.7% |
South Bay | 11 | 8 | 37.5% | $101,000 | $107,500 | -6% |
Uninc-33415/Haverhill | 5 | 4 | 25% | $94,000 | $172,500 | -45.5% |
West Boynton | 19 | 16 | 18.8% | $92,500 | $108,000 | -14.4% |
Mangonia Park | 17 | 10 | 70% | $90,000 | $160,000 | -43.8% |