Clearwater Beach Florida Market Report - November 2011

Clearwater Beach Florida Market Report - November 2011

There were only two single family homes that closed during November 2011 on Clearwater Beach and both of them were only a couple of blocks (easy walking) to the pure white sands of Clearwater Beach Florida. One was a 5 bedroom 3 bath 1763 sq ft pool home that qualifies for weekly rentals since it was grandfathered in before the rental rules were changed. This home was listed at $524,900 and sold after 139 days for $462,500.

The other single family home that closed on Clearwater Beach last month was a 4 bedroom 2.5 bath pool home that was also grandfathered in for weekly rentals. This one was listed at 495k and closed after 264 days on the market for 395k.

In the category of townhomes, villas and condos we start at the Residences at Sandpearl. This beachfront 3 bedroom 3.5 bath 2581 sq ft condo was listed at $1,999,900 and sold after 206 days for $1,700,000.

The least expensive closing was a 1 bedroom 1 bath 1100 sq ft condo on Island Estates in the Diamond Isle Condo complex. With beautiful views of the intercoastal waterway this little condo was listed at $1099,900 and sold after only 21 days for $105,750.

Naturally, beachfront property was and will always remain expensive! There is only so much beachfront property and with the sparkling white sands of Clearwater Beach and the blue-green waters of the Gulf of Mexico, prices just don't drop much when you are talking about prime property in Paradise.