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Clearwater Beach Real Estate Report September 2016

Pinellas County Real Estate Statistics for September 2016

At this time of year everyone starts to get in the spirit for the holidays. We are happy to share some stats from
the Pinellas County Housing Department that will give you even more of a reason to be excited.

Pending Inventory for Townhouses and Condos has climbed up to 18.9% over the past year, with 830 listings this year compared to 698 in September of 2015. Median Sale Price, Average Sale Price, and Dollar Volume for Single Family Homes have increased over the past year at 16.6%, 10.6% and 12.2%, respectively.

Median Sale Price for the Townhome/Condo segment was up 5.0% from last year, at $126,000 for September 2016 versus $120,000 for September 2015.

Median Time to Contract for Townhome/Condo was 36 days in September 2016, down 20.0% from 45 days last September. Median Time to Sale for Townhome/Condo was 80 days this September, versus 86 days in September 2015, a -7.0% change year-over-year.

Median Time to Contract for Single Family was down 23.5% year-over-year, going from 34 days in September 2015 to 26 days in September 2016. Median Time to Sale for Single Family was 72 days in September 2016, just a hair less than September 2015, which was 75, a decrease of 4.0%.

The number of Closed Sales for Single Family and Townhome/Condo combined for September 2016 was 1,885, up 1.3% from 1,860 in September 2015. Year-over-year, closed sales for the Single Family segment were up 1.4%, and Closed Sales for the Townhome/Condo segment were up 1.2%. New Listings for Single Family for September were 1293, a growth of 1.9% from last September, when they were 1,269. New Listings for Townhome/Condo for September 2016 were at 823, up 6.1% from 776 in September 2015.

Dollar Volume for Single Family was $342.4 million in September 2016, a 12.2% increase from $305.1 million in September 2015. Dollar Volume for Townhome/Condo was $128.0 million in September 2016, up 0.9% from $126.9 million in September 2015.

Months Supply of Inventory for Single Family continues to reflect a seller’s market, with inventory down 2.9% year-over-year, with a 3.3 month supply this September, as compared to a 3.4 month supply in September 2015.

Months Supply of Inventory for Townhome/Condo was unchanged year-over-year, with 3.8 months in both September 2016 and September 2015. Active listings for September 2016 Single Family and Townhome/Condo combined were 6,557, down 0.6% from 6,599 in September 2015.

september-2016-stats

Pinellas Realtor Organization 10/2016

Posted in: Clearwater Beach condos, Clearwater Beach Real Estate Market News Tagged: Clearwater Beach Condos, Clearwater Beach Real Estate, Homes on Clearwater Beach

Out and About – The Arts

Out and About – The Arts – Clearwater Beach Lifestyles

 

anything-goes-300x232Anything Goes – Classical Musical!

Through Sunday, Sep 18

More Information

Francis Wilson Playhouse, $26, Students $15

302 Seminole St.
Clearwater

Art & Fashion Week

art-fashion-week

St. Pete Art & Fashion Week: BLOOM

Sep. 15, 2016
Local art and fashion designers will come together to present a spectacular live photo shoot experience with a Wildflower theme. For just $10, you can watch the fashion action come to life at Platformz. More Information
7 to 11 p.m.
179 1st Ave N.

St. Petersburg

beer-bands-on-the-bayBands and Beer on the Bay

Sep. 17, 2016
Swing over to the Waterfront Park in Safety Harbor for a day of craft beer, live bands, food vendors and a beautiful view of Tampa Bay. Featured bands will include Shevonne and the Bad Boys, The New Rulers and the Black Honkeys. All ages welcome. More Information
3 to 10 p.m.
110 Veterans Memorial Lane

Safety Harbor

Museum Day Live

September 24

The arts are alive! Celebrate the arts with free admission today to participating museums and art galleries throughout St. Pete: Creative Clay, Dr. Carter G. Woodson African American Museum, Florida CraftArt, Florida Holocaust Museum, Morean Center for Clay, Morean Glass Studio & Hot Shop, Museum of Fine Art, St. Petersburg, St. Petersburg Museum of History, The Dali Museum. More Information

Posted in: Clearwater Beach Lifestyles, Clearwater Beach Recreation Tagged: Clearwater Beach Event, Clearwater Beach Lifestyles

Pinellas County Real Estate Statistics for July 2016

Statistics for July – This summer the Pinellas County Housing Market has been nothing short of sizzling. For July we see some stats start to cool off, but every indication remains that our market continues to be strong.

Median Sale Price for Single Family was way up 16.2% at $214,950 this July, versus $185,000 last July.

Median Sale Price for the Townhome/Condo segment was up 6.9% from last year, at $139,000 for July 2016 versus $130,000 for July 2015.

Median Time to Contract for Townhome/Condo was 40 days in July 2016, way down 32.2% from 59 days last July.

Median Time to Sale was 79 days this July, versus 99 days in July 2015, a huge -20.2% change year-over-year.

Median Time to Contract for Single Family was down 9.4% year-over-year, going from 29 days in July 2015 to 32 days in July 2016.

Median Time to Sale for Single Family was 75 days in July 2016, even with July 2015.

The number of Closed Sales for Single Family and Townhome/Condo combined for July 2016 was 1,923, down 9.3% from 2,121 in July 2015. Year-over-year, closed sales for the Single Family segment were down 10.0%, and Closed Sales for the Townhome/Condo segment were down 8.2%.

New Listings for Single Family and Townhome/Condo combined were up 1.1% for July 2016 over July 2015, at 2,156 versus 2,133 last year.

Dollar Volume for Single Family was $353.5 million in July 2016, up 5.6% from $334.6 million in July 2015.

Dollar Volume for Townhome/Condo was $135.7 million in July 2016, down 2.4% from $139.0 million in July 2015.

New Listings for Single Family for July 2016 were 1,344, down 8.1% from last July, when they were 1,462. New Listings for Townhome/Condo for July 2016 were 812, way up 21.0% from 671 in July 2015.

Months Supply of Inventory for Single Family continues to reflect the seller’s market, with inventory down 10.8% year-over-year, with a 3.3 month supply this July, as compared to a 3.7 month supply in July 2015. Months Supply of Inventory for Townhome/Condo was down only 2.5% year-over-year, with 3.9 months in July 2016 compared to 4.0 months in July 2015. Active listings for July 2016 Single Family and Townhome/Condo combined were 6,601, down 5.1% from 6,954 in July 2015.

Pinellas Realtor® Organization, August 2016

 

Statistics for July

Posted in: Clearwater Beach Home Prices, Clearwater Beach Real Estate, Clearwater Beach Real Estate Market News Tagged: Clearwater Beach Real Estate, Clearwater Beach Real Estate Market Report, Homes on Clearwater Beach

Public Invited to Pre-pier Open House in St. Pete

pier projectOpen House – The City of St. Petersburg is holding a series of events over the coming weeks in order to loop the public in on their plans for the highly anticipated Pier District Project.

Following a brief overview of the pier project by city staff and members of the pier design team, officials say the public will be invited to offer suggestions about the ‘Pier Approach’ and programming ideas on the pier via roundtable discussions.

The events will be held at the following dates and locations. All will run from 6 p.m. until 7:30 p.m.

  • Tuesday, September 13:
    Roberts Recreation Center, 1246 50th Ave. N., St. Petersburg
  • Wednesday, September 14:
    J.W. Cate Recreation Center, 5801 22nd Ave. N., St. Petersburg
  • Tuesday, September 20:
    Lake Vista Recreation Center, 1401 62nd Ave. S., St. Petersburg

 

A New Pier For Everyone

A process that started in 2014, shortly after Mayor Kriseman took office, is underway for the development of a new Pier for St. Petersburg.

Initially, funds were allocated for the development of a new Pier, from Spa Beach to the end of the Pier Head. However, an additional $20 million to develop the Pier approach became available through TIF funds from the downtown tax district. The Pier approach connects the Pier to the downtown business core (Beach Drive and Bayshore Boulevard) and its boundaries follow the waterfront from the Vinoy to Pioneer Park.

The new pier district, encompassing the area below, will provide interactive experiences throughout this area and along its 3,065 foot length. Visitors can choose their experience throughout the area, and its exploration and activity areas provide a multitude of flexible programs and experiences for both tourists and the local community – from children to seniors, nature lovers to boaters, fishermen to fine diners.

It is a hub for activity, not only at the pier head, but also all along its length while offering a multitude of smaller and more flexible programs and experiences.

Posted in: Clearwater Beach Lifestyles, Clearwater Beach Recreation Tagged: Clearwater Beach Lifestyles, Clearwater Beach Real Estate, Clearwater Beach Recreation

Upcoming Events – Clearwater Beach Lifestyles

Here’s a few of the great upcoming events in and around Clearwater Beach. Great food, entertainment and live music daylight to dark.

Upcoming events - Rays Watch PartyRays Watch Party at Guy Harvey Outpost

Aug. 14, 2016 & September 9, 2016

On St. Pete Beach – Grab your family and friends for the Tampa Bay Rays Watch Party on the BIG screen! First Pitch is at 1:05 pm, but the pre-game fun starts at 12:30 pm. Beverages and all your cookout favorites will be available for purchase, including buckets of beer and specialty cocktails from the Sand Bar.


6000 Gulf Blvd

St. Pete Beach, FL 33706

More information

 

Lobster Festival 2016Tampa Bay Lobster Festival

Aug. 20, 2016 — Aug. 21, 2016

Get there early and come hungry – each meal includes one 1.25 lb live steamed Maine lobster, a side dish, potatoes, dinner roll, fresh cut lemons and melted butter. Also enjoy live music, vendors, crafts, wine sampling, and an area designated “Sweet Street” for dessert. Head to the Kapok Special Events Center on Saturday 11 a.m. to 8 p.m. or Sunday noon to 7 p.m.  More information

Pierce Street Pop-Up Market

September 10, 2016 & October 8, 2016

Under the bridge… down by the bay… discover this local makers market in downtown Clearwater. Find an array of handmade goods, unique pieces from local artists, vintage items, clothes, artisan fare & more. Find something wonderful to keep or eat by the waterfront under the Memorial Causeway Bridge every 2nd Saturday from 9 a.m. – 1 p.m.

2 Drew St.

Clearwater, FL 33755

More information

Safety Harbor Third Friday Music Series

September 16, 2016 & October 21, 2016

Main Street in Safety Harbor for shopping, dining and entertainment for the whole family! The free street festival goes down from 6-10 p.m. every Third Friday. More information

Clearwater SuperBoatClearwater SuperBoat National Championship & Festival

September 30 – October 2, 2016

This offshore powerboat race will feature some of the fastest powerboats in the world competing for the title of National Champion. The boats will race from Pier 60 north for about a half mile and back, doing laps around the loop. The race is free and open to the public.  More information

Posted in: Clearwater Beach Lifestyles, Clearwater Beach Recreation Tagged: Clearwater Beach Lifestyles, Clearwater Beach Recreation, Clearwater Beach Waterfront Lifestyles

Clearwater Beach Real Estate Report for June 2016

Pinellas-RealtorPinellas/Clearwater Beach Real Estate Report – June 2016
The Absorption Rate for the Single Family real estate market has been steadily rising this year, and is at an all-time high, not just for 2016, but dating back to at least January 2012. The Absorption Rate is the rate at which homes are selling in a given time frame. Mortgage interest rates dropped after the Brexit vote and continue to remain low, which could push new buyers and investors into the market.  Find your piece of paradise on Clearwater Beach.

The number of Closed Sales for Single Family and Townhome/Condo combined for June 2016 was 2,222, up 1.5% from 2,190 in June 2015. Year-over-year, closed sales for the Single Family segment were up at 0.3%, and Closed Sales for the Townhome/Condo segment were up 3.6%. New Listings for Single Family and Townhome/Condo combined were up 3.9% for June 2016 over June 2015, at 2,254 versus 2,170 last year.

Median Time to Contract for Single Family was down 9.7% year-over-year, going from 31 days in June 2015 to 28 days in June 2016. Median Time to Sale for Single Family was just 72 days in June 2015, down from 76 days in June 2016 (down 5.3%). For Townhome/Condo Median Time to Sale was 86 days this June, versus 93 days in June 2015, a -7.5% change year-over-year.

  • Median Sale Price for Single Family was $220,000 this June, versus $185,000 last June, a huge increase of 18.9%.
  • Median Sale Price for the Townhome/Condo segment was also way up from last June at 16.7%, at $140,000 for June 2016 versus $120,000 for June 2015.

Dollar Volume for Single Family was $419.8 million in June 2016, up 18.3% from $354.9 million in June 2015.

Dollar Volume for Townhome/Condo was $165.0 million in June 2016, up 14.9% from $143.5 million in June 2015.

New Listings for Single Family for June 2016 were 1,493, up 5.2% from last June, when they were 1,419.

New Listings for Townhome/Condo for June 2016 were 761, up 1.3% from 751 in June 2015.

Months Supply of Inventory for Single Family continues to reflect the seller’s market, with inventory down 13.2% year-over-year, with a 3.3 month supply this June, as compared to a 3.8 month supply in June 2015. Months Supply of Inventory for Townhome/Condo was down 9.1% year-over-year, with 4.0 months in June 2016 compared to 4.4 months in June 2015. Active listings for June 2016 Single Family and Townhome/Condo combined were 6,707, down 6.9% from 7,207 in June 2015.

Pinellas Realtor® Association July 2016

 

real estate report - June 2016 - Pinellas

Posted in: Clearwater Beach Buyers, Clearwater Beach condos, Clearwater Beach Real Estate, Clearwater Beach Real Estate Market News Tagged: Clearwater Beach Condos, Clearwater Beach Home Prices, Clearwater Beach Real Estate, Clearwater Beach Vacation Homes

On Trend for Kitchens – Countertop Selections

New Favorites in Countertop Selections

Is it true? Could granite’s 30-year reign be coming to an end? We can’t say for sure. In fact, we think granite remains a solid choice. After all, it’s both durable and attractive — and it’s become increasingly affordable too. But there’s just no denying granite’s seeming decline. As homeowners opt for more modern kitchen designs, they’re also opting for more understated countertop alternatives.

Engineered Quartz:

quartz-countertopsPerhaps granite’s top competitor, engineered quartz offers the beauty of stone without the maintenance. It’s tougher than granite, and it’s highly resistant to scratching, cracking, staining and heat. Unlike granite, which offers the unique qualities of natural stone, engineered quartz is largely uniform; because it’s engineered, there’s no choice of one-of-a-kind slab. There are, however, a number of colors and designs available — from stark modern whites to options closely resembling marble. And, because engineered quartz is non-porous, it never has to be sealed like natural stone.

Wood:

Increasingly, homeowners seek and appreciate natural wood countertops — particularly easy butcher blocks and those custom-created by quality craftsmen. While wood countertops can add warmth, balance and beauty to any modern home, they also require a fair amount of maintenance. Because wood is susceptible to damage from heat and moisture, it must be sealed about once a month. The best part about wood, though, is that it can be refinished in the event that damage does occur.

Soapstone:

Soapstone-center-islandSoapstone is an attractive, natural quarried stone that ranges from light gray to green-black in color. While the material is soft and pliable, it’s also nonporous. Soapstone is also resistant to stains and acidic materials. The downside to soapstone is that it is susceptible to scratches and deep indentations. Light gray soapstone will also weather and darken over time, occasionally developing a patina finish. The material comes in smaller slabs, so seams will be visible in soapstone countertops longer than seven feet.

Concrete:

Concrete countertops came onto the scene in the 1980s — and they’ve evolved a lot since. These days, precast concrete countertops are available in a number of different colors. Generally, they’re flat and smooth, and they can run from 1.5 inches to 10 feet long. While concrete countertops have historically cracked and chipped easily, recent innovations have made them less prone to damage. Concrete is naturally strong and heat-resistant, and slabs can be sealed to prevent staining.

Stainless Steel:

Brushed-Stainless-Steel-CountertopThere’s a reason restaurants use stainless steel countertops in their kitchens. It’s heat-, rust- and stain-resistant; it’s easy to clean; and it won’t absorb or harbor even the toughest bacteria. The downside to stainless steel countertops is that they scratch easily — and they show it too. For this reason, it’s best to use a cutting board any time you’re prepping food on a stainless steel countertop. Also, it’s a good idea to choose a brushed stainless finish that will help conceal any marks. At first blush, you may think that stainless feels ultramodern or cold, but a balance of stainless steel and wood can create a warm, timeless and uber-functional kitchen.

Not Sure Which Countertop to Choose?

When you’re remodeling your kitchen, the most important question to ask yourself is this: Are you remodeling for yourself or a potential buyer? If you’re remodeling for yourself, go with what you like best.

Home Advisor July 2016

Posted in: Clearwater Beach Buyers, Clearwater Beach Real Estate, Clearwater Beach Sellers Tagged: Clearwater Beach Condos, Clearwater Beach Real Estate, Clearwater Beach Vacation Homes

Clearwater Beach Real Estate Report May 2016

Pinellas-RealtorClearwater Beach Real Estate – Working with a Realtor® in a seller’s market like the one we’re currently seeing in Pinellas County is vital. Only a Realtor® can see what can’t be uncovered in a simple online search, understands the local market and can help you win in a competitive environment.

The number of Closed Sales for Single Family and Townhome/Condo combined for May 2016 was 2,107, up 3.9% from 2,028 in May 2015. Year-over-year, closed sales for the Single Family segment was way up at 9.4%, and Closed Sales for the Townhome/Condo segment was down at -4.3%.

  • Median Time to Contract for Single Family was down 20% year-over-year, going from 28 days in May 2016 to 35 days in May 2015.
  • Median Time to Sale for Single Family was just 74 days in May 2016, down from 79 days in May 2015 (down 6.3%).
  • For Townhome/Condo Median Time to Sale was 83 days this May, versus 87 days in May 2015, a -4.6% change year-over-year.

Median Sale Price for Single Family was $200,000 this May, versus $185,000 last May, a sizable increase of 8.1%. Median Sale Price for the Townhome/Condo segment was also up from last May at 6.3%, at $138,250 for May 2016 versus $130,000 for May 2015.

Median Percent of Original List Price Received for Single Family was 96.4% in May 2016, up 0.9% from 95.5% in May 2015. Townhome/Condo was 94.6% in May 2016, up 0.9% from 93.8% in May 2015.

  • New Listings for Single Family for May 2016 were 1,460, up 2.7% from last May, when they were 1,422.
  • New Listings for Townhome/Condo for May 2016 were 859, up 2.9% from 835 in May 2015.

Months Supply of Inventory for Single Family continues to reflect the lack of homes listed for sale, down 15% year-over-year, with a 3.4 month supply this May, as compared to a 4.0-month supply in May 2015. Months Supply of Inventory for Townhome/Condo was down 8.7% year-over-year, with 4.2-month in May 2016 compared to 4.6 months in May 2015. Active listings for May 2016 Single Family and Townhome/Condo combined were 6,991, down 5.7% from 7,417 in May 2015.

Pinellas Realtor® Organization, June 2016

May2016-Real-Estate-Stats

Posted in: Clearwater Beach Buyers, Clearwater Beach condos, Clearwater Beach Real Estate, Clearwater Beach Real Estate Market News Tagged: Clearwater Beach Buyers, Clearwater Beach Real Estate, Homes on Clearwater Beach

Upcoming Events – Clearwater Beach Lifestyles

Here’s a highlight of some of the area’s upcoming events right through the July 4th celebrations.

upcoming eventsThird Friday Music Series Safety Harbor

This long-standing event has grown to be one of the premier street festivals in the Tampa Bay area and the State of Florida. The 3rd Friday Music Series features Shopping, Dining and Entertainment for both locals and visitors.

The event runs from 6:00 pm-10:00 pm on every 3rd Friday of the month — 12 months of the year. Main Street is closed from Bayshore Blvd. to 6th Avenue with entertainment at the Gazebo in John Wilson Park and throughout downtown. Bring the family out for an evening filled with shopping, dining and entertainment. Browse the arts & crafts and food vendors. The downtown businesses and restaurants are open late. Pet Friendly Event.

June 17

July 15

August 19

September 16

 

Sour, Berliner Weisse & Lambic Beer Festival

Pinellas Park

Jun. 18, 2016

Taste something completely different! Cajun Cafe on the Bayou hosts their annual event from 2-6 p.m. featuring samples of over 100 different sour ales. Taste the goodness as you relax in their large, shaded beer-garden situated on the banks of the Cross Bayou. Entry to the festival includes unlimited beer tastings, a souvenir tasting glass, and a Cajun Plate filled with your favorite Cajun foods. Dunedin Doggie Rescue Fundraiser will also be hosted at the event featuring raffles and prizes.

 

St. Pete Crab & Music Festival

 Jun. 18, 2016

Taste buds and bodies alike will be dancing at this seafood and music festival hosted in downtown St. Pete’s Vinoy Park! Sample delicious crab-infused dishes from 15-20 different vendors. Sway to music from popular local entertainers such as The Black Honkeys, Lyfe Jennings, Jahfari, the Bus Stop Band and more, which will be emceed by celebrity host, Ronald “Winky” Wright. The festival happens from 11 a.m.- 9 p.m.

 

clearwater-celebrates-americaClearwater Celebrates America

Jul. 4, 2016

Celebrate this Fourth of July with a blast at Coachman Park in downtown Clearwater. This FREE family celebration will feature music, food, drinks and local vendors. Gates open at 4 p.m. and music will begin at 7:30 p.m. Children’s activities will run 5-9 p.m. and the night will be topped off with the largest fireworks display in the Tampa Bay area at 9:30 p.m.

 

Safety Harbor 4th of July Celebrations

Jul. 4, 2016

Bring the whole family out for a July 4th Celebration, Safety Harbor style! The day will start with a patriotic parade down Main Street from 10 a.m. to noon. In the evening, there will be children’s activities, live entertainment, and food vendors starting at 5 p.m. Grab a good seat in the marina or the waterfront park to watch the fireworks display lighting up the sky at 9 p.m.

Posted in: Clearwater Beach Holiday Events, Clearwater Beach Lifestyles, Clearwater Beach Recreation Tagged: Clearwater Beach Lifestyles, Clearwater Beach Recreation

Dr. Beach Names Caladesi Island as No. 9 on Top 10 List

Caladesi IslandCaladesi State Park in Dunedin ranks No. 9 on the Top 10 List of U.S. beaches released May 26 by Dr. Stephen Leatherman.

Leatherman, a professor at Florida International University, better known as Dr. Beach, has been making his top 10 list for 26 years. He uses a long list of 50 criteria to pick the top 10, including water, sand quality, safety, management, presence of lifeguards, noise, amenities and others.

New this year is a bonus for beaches that prohibit smoking. More emphasis is being placed on environmental management and beach safety. According to a press release, the list of best beaches is “beginning anew, so all beaches have a chance of making the list.”

Under the comments for Caladesi Island, Dr. Beach writes, “Caladesi is reached by pedestrian ferry boat, private boats or a long walk north from Clearwater Beach – the inlet is closed so Caladesi is no longer a true island, but still a great getaway.

“The white beach composed of crystalline quartz sand which is soft and cushy at the water’s edge, inviting one to take a dip in the sparkling clear waters. There are boardwalk trails, but my favorite is the kayak and canoe trails through the mangroves to see the large blue herons and other birds that frequent this wonderful natural area.”

This isn’t the first year Caladesi Island has made Dr. Beach’s list. He named it No. 1 in the U.S. in 2008. In 2007 and 2006, Dr. Beach ranked it as No. 2. In 2004, Caladesi Island ranked as No. 4, and Fort DeSoto Park’s north beach took the No. 1 spot.

For more information, visit Clearwater Area Beaches.

Two other Florida beaches made this year’s list: Siesta Beach in Sarasota and Grayton Beach State Park located between Panama City Beach and Destin.

Top 10 Beaches 2016

1. Hanauma Bay Nature Preserve, Oahu, Hawaii

2. Siesta Beach Sarasota, Florida

3. Kapalua Bay Beach, Maui, Hawaii

4. Ocracoke Lifeguarded Beach, Outer Banks of North Carolina

5. Coast Guard Beach, Cape Cod, Massachusetts

6. Grayton Beach State Park Florida Panhandle

7. Coronado Beach, San Diego, California

8. Coopers Beach, Southampton, New York

9. Caladesi Island State Park Dunedin/Clearwater, Florida

10. Beachwalker Park Kiawah Island, South Carolina

Dr. Leatherman is an internationally known coastal scientist who has published 20 books and hundreds of scientific articles and reports about storm impacts, coastal erosion and ways to improve beach health and safety.

TBN Weekly May 26, 2016

Posted in: Clearwater Beach Lifestyles, Clearwater Beach Real Estate, Clearwater Beach Recreation Tagged: Clearwater Area Beaches, Clearwater Beach Tourism, Homes on Clearwater Beach

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