Is Clearwater, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Clearwater was a Seller's Market.
Key Takeaway
Clearwater is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Clearwater, FL
How much do homes in Clearwater, FL cost?
Median Sold Price
$353,740
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Clearwater have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Clearwater was $353,740 in April 2024, down 2.6% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $159.8K | -0.1% |
| 2 Bedrooms | $279.5K | $275K | -1.6% |
| 3 Bedrooms | $424.5K | $435.1K | +2.5% |
| 4 Bedrooms | $550K | $575.9K | +4.7% |
| 5+ Bedrooms | $807K | $800K | -0.9% |
Summary: Clearwater housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
| Dunedin | $420.3K | $443K | +5.4% |
| Largo | $340K | $331.7K | -2.4% |
| Clearwater | $363.3K | $353.7K | -2.6% |
| Belleair | $645K | $625K | -3.1% |
| Safety Harbor | $520K | $495K | -4.8% |
Housing Supply in Clearwater, FL
How many homes are available in Clearwater, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,712 | 1,786 | +4.3% |
Summary: The Clearwater real estate market had 1,786 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 197 | 213 | +8.1% |
| 2 Bedrooms | 820 | 851 | +3.8% |
| 3 Bedrooms | 475 | 496 | +4.4% |
| 4 Bedrooms | 160 | 167 | +4.4% |
| 5+ Bedrooms | 60 | 59 | -1.7% |
Summary: The Clearwater housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.1%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 1.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 273 | 280 | +2.6% |
Asking Price vs. Sold Price
194 Homes Were Sold
Under Asking
53 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clearwater, you may be able to get a good deal. 69.3% of homes here sold below asking price last month.
Summary: A total of 280 homes were sold or pending in Clearwater in April 2024, up by 2.6% month-over-month. Of the 280 sold homes, 69% were sold under asking, 19% were sold at asking, and 12% were sold over asking.
Days on Market for Clearwater, FL
How long does it take to sell a home in Clearwater, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 57 Days | +50.2% |
Summary: Homes in Clearwater had an average of 57 days on market in Apr 2024, up by 50.2% compared to last year.
Breakdown of Home Sale Times
136 Homes Were Sold
Under 30 Days
79 Homes Were Sold
In 30 - 90 Days
65 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clearwater are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 280 homes were sold in Clearwater; 49% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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