Clearwater Beach, FL

Clearwater Beach Florida - February 2012 Market Report

Prices are indeed on the rise in Clearwater Beach Florida and that is excellent news for the local economy!

Single family home median list price increased 12.62% on Clearwater Beach in February from the January 2012 list prices. Price per square foot was $345.!

If we go back to November 2011, we see that the median sale price was $510. It was $606,500 in February 2012! That is a great indicator of what is going on in the housing market here in Clearwater Beach Florida! There is only so much waterfront property and Clearwater Beach is a barrier island, so there REALLY is no place to expand to!

November 2011 sale prices were up 29.11% over October 2011.......so no matter how you look at it, the bottom was here in 2011 on Clearwater Beach and prices are moving back up once again!

This is great news for sellers, as the market is indeed changing. As for buyers, they need to jump in NOW if they are serious about buying!

There are only 105 active listings for single family homes on Clearwater Beach and that number is decreasing as closings take place at an ever increasing rate!

Clearwater Beach Florida - January 2012 Market Report

Well, the first month of 2012 is already behind us and on Clearwater Beach there was only ONE single family home that closed. That home was built in 1950 and was a 4 bedroom 3 bath 2299 sq ft home with a carport. The nice thing about these older homes is that they make excellent vacation rentals! You can walk to the beach and have all the conveniences of a home, including the ability to cook your meals! This home was listed for $349,900 and sold after being on the market for over a year for $294,500. Somebody got a great deal since Clearwater Beach is a relatively small island and there just isn't any more space to build!

When we turn our attention to townhomes, condos and villas we find that there were 7 closings during January 2012. The condo at Grand on Sand Key (which is part of Clearwater Beach even though it is over the bridge and on Sand Key) is a 1952 sq ft 3 bedroom 2.5 bath condo directly on the beach that was listed for $825,000. This one sold for $790,000 and it was an ALL CASH deal!

The least expensive of these 7 closings was a bank owned condo in Dolphin Cove on Island Estates. This 2 bedroom 1 bath condo has 895 sq ft. Listed at $124,900 it sold for $125,000.

All predictions are that 2012 is going to be a fantastic year for real estate down here in the Sunshine State. If you are in the market, I sure wouldn't wait!

Clearwater Beach Florida - 2011 Housing Market Review

Looking back at 2011 we see that it was a VERY good year for the housing market and when we make some comparisons to the 2010 Housing Market on Clearwater Beach, we come up with numbers that prove the local housing market is rebounding!

Let us begin with single family homes. There were 63 single family homes sold in 2011, compaired to 58 in 2010.

Sold Price/Sq Ft 2011 Sold Price/Sq Ft 2010

High: $862.66 High: $491.41

Low: $111.11 Low: $ 122.82

Average Days on Market: 91 Average Days on Market: 149

Let us now review townhomes, condos and villas. There were 382 sold during 2011 compared to 370 in 2010.

Sold Price/Sq Ft 2011 Sold Price/Sq Ft 2010

High: $813.64 High: $707.09

Low: $ 89.16 Low: $ 90.49

Average Days on Market: 103 Average Days on Market: 160

From these figures we see that the amount of time homes remain on the market has declined significantly! As for the prices, while there are still many great deals out there, the local real estate market did indeed begin to rebound during 2011. 2012 should prove to be a VERY good year for the local market!

Clearwater Beach Florida - Market Report for December 2011

The market has picked up significantly during 2011. On Clearwater Beach there were 6 single family homes sold. They break down as follows:

List: $1,647,500 Sold: $1,300,000 (most expensive)

List: $ 295,000 Sold: $ 295,000 (least expensive)

Sale price/sq ft:

High: $481.48

Low: $258.58

Average Days On Market: 156

In the catagory of townhomes, condos and villas:

List: $1,695,000 Sold: $1,115,500 (most expensive)

List: $ 84,900 Sold: $ 69,000 (least expensive)

Sale price/sq ft:

High: $485.61

Low: $265.63

Average Days On Market: 107

Clearwater Beach Florida is a fantastic place to live and play in the Florida sun! Perhaps that is why condo sales rose 15% in 2011 over 2010 here in the Sunshine State!