Is Clearwater Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clearwater Beach is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Clearwater Beach was a Seller's Market.

Key Takeaway

Clearwater Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Clearwater Beach, FL

How much do homes in Clearwater Beach, FL cost?

Median Sold Price

$814,833

$575/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,633(-1.4%)

Key Takeaway

Homes in Clearwater Beach have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Clearwater Beach was $814,833 in October 2024, down 1.4% from last year, and the median price per square foot was $575.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $439.5K$361.5K
-17.7%
2 $735K$647.5K
-11.9%
3 $984.9K$1.2M
+29.5%
4 $1.3M$1.8M
+36.6%
5+ $2.8M$2.3M
-16.7%

Summary: Clearwater Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.7%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 29.5%, 4 bedroom homes increased by 36.6%, and 5+ bedroom homes decreased by 16.7%.

Median Sold Price Compared To Nearby Cities

Belleair
+31.8%
Belleair Beach
+8.1%
Clearwater
+2.4%
Dunedin
+0.7%
Clearwater Beach
-1.4%

Housing Supply in Clearwater Beach, FL

How many homes are available in Clearwater Beach, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
257254-1.2%

Summary: The Clearwater Beach real estate market had 254 homes for sale in October 2024, a 1.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2424
0.0%
2 127119
-6.3%
3 7882
+5.1%
4 1819
+5.6%
5+ 1010
0.0%

Summary: The Clearwater Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2123+9.5%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clearwater Beach, you may be able to get a good deal. 91.3% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Clearwater Beach in October 2024, up by 9.5% month-over-month. Of the 23 sold homes, 91% were sold under asking, 0% were sold at asking, and 9% were sold over asking.

Days on Market for Clearwater Beach, FL

How long does it take to sell a home in Clearwater Beach, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days108 Days+125.0%

Summary: Homes in Clearwater Beach had an average of 108 days on market in Oct 2024, up by 125% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clearwater Beach are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in Clearwater Beach; 39% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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