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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Downtown Clearwater is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Downtown Clearwater has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Downtown Clearwater, FL

How much do homes in Downtown Clearwater, FL cost?

Median Sold Price

$405,000

$292/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$97,500(-19.4%)

Key Takeaway

Homes in Downtown Clearwater have sold for 19.4% less than they did a year ago.

Summary: The median home sold price in Downtown Clearwater was $405,000 in November 2024, down 19.4% from last year, and the median price per square foot was $292.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $378.5K$372.5K
-1.6%
2 $545K$452.5K
-17.0%
3 $457.5K$265.5K
-42.0%
4 $445K-
N/A
5+ -$650K
N/A

Summary: Downtown Clearwater housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 17%, 3 bedroom homes decreased by 42%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Downtown Clearwater, FL

How many homes are available in Downtown Clearwater, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
17170.0%

Summary: The Downtown Clearwater real estate market had 17 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 76
-14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Downtown Clearwater housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Downtown Clearwater, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Downtown Clearwater in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Downtown Clearwater, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
138 Days358 Days+159.4%

Summary: Homes in Downtown Clearwater had an average of 358 days on market in Nov 2024, up by 159.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Downtown Clearwater are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Downtown Clearwater; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

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