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 February 2023

Since last year, Clearwater Beach has remained a Buyer'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

$845,950

$562/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$83,950(+11.0%)

Key Takeaway

Homes in Clearwater Beach have sold for 11% more than they did a year ago.

Summary: The median home sold price in Clearwater Beach was $845,950 in February 2024, up 11% from last year, and the median price per square foot was $562.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $419.9K$420K
0.0%
2 $675K$750K
+11.1%
3 $1.3M$1.0M
-19.5%
4 $2.0M$1.3M
-34.8%
5+ $2.8M$2.3M
-16.7%

Summary: Clearwater Beach housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes decreased by 34.8%, and 5+ bedroom homes decreased by 16.7%.

Median Sold Price Compared To Nearby Cities

Clearwater Beach
+11.0%
Dunedin
+4.1%
Belleair
+2.6%
Belleair Beach
0.3%
Clearwater
-5.6%

Housing Supply in Clearwater Beach, FL

How many homes are available in Clearwater Beach, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
306349+14.1%

Summary: The Clearwater Beach real estate market had 349 homes for sale in February 2024, a 14.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 3339
+18.2%
2 149169
+13.4%
3 8398
+18.1%
4 3334
+3.0%
5+ 89
+12.5%

Summary: The Clearwater Beach housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 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. 77.3% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Clearwater Beach in February 2024, down by 8.3% month-over-month. Of the 22 sold homes, 77% were sold under asking, 23% were sold at asking, and 0% 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

Feb 2023Feb 2024CHANGE
54 Days81 Days+49.6%

Summary: Homes in Clearwater Beach had an average of 81 days on market in Feb 2024, up by 49.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Clearwater Beach has remained consistent over time.

Summary: During February 2024, 22 homes were sold in Clearwater Beach; 27% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% 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 28 Days Ago

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