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Average Sale Prices and Median Prices Rise

sale prices - clearwater beach real estate

Pinellas County continues to see a rise in year over year average sale prices and median sale price.

  • The Average Sale Price for Single Family Homes rose 3.5% from $338,828 in May 2018 to $350,539 in May 2019.
  • The Average Sale Price for Townhome/Condo was up 16.2% from $228,449 in May 2018, to $265,513 in May 2019.

The Median Sale Price for Single Family Homes was up by 7.1% from last year, at $253,000 for May 2018 versus $271,000 for May 2019. The Median Sale Price for Townhomes/Condos increased 6.0% from $166,000 in May 2018 to $175,900 in May 2019.

Single Family
Dollar Volume for Single Family Homes saw a 17.7% increase from $433.4 million in May 2018 to $510.0 million in 2019. The Median Time to Contract for Single Family Homes was up 50.0% from 22 days in May 2018 to 33 days this May. The Median Time to Sale for Single Family Homes was up 12.5% from 64 days last May to 72 days this May.

The Months Supply of Inventory for Single Family Homes remained the same year-over-year at 2.8 months. New Listings for Single Family for May 2019 were 1,396, down 14.1% from May 2018 at 1,626. The Active Listings for Single Family Homes slightly decreased 1.3% from 3,075 in May 2019 versus 3,117 in May 2018. Closed Sales for Single Family were up 13.8% from 1,279 in May 2018 to 1,455 in May 2019. Paid in Cash sales for Single Family increased 1.9%, from 364 in May 2018 to 371 in May 2019.

Townhome/Condo
Dollar Volume for Townhome/Condo increased 13.9% year-over-year from $209.5 million in May 2018 to $238.7 million in May 2019. The Median Time to Contract for Townhome/Condo market increased 16.7% from 36 days in May 2018 to 42 days May 2019. The Median Time to Sale for Townhome/Condo market was 72 days in May 2018 and 81 days in May 2019, up 12.5%.

The Months Supply of Inventory for Townhome/Condo rose 10.3% at 2.9 months in May 2018 to 3.2 months in May 2019. New Listings for Townhome/Condos for May decreased 6.4% from 845 in 2019, versus 903 in 2018. Active Listings for Townhomes/Condos were up 16.5% from 2,250 in May 2018 to 2,622 in May 2019. Closed Sales for the Townhome/Condo segment decreased 2.0% year over year, at 899 in May 2019 versus 917 in May 2018. Paid in Cash sales for Townhome/Condo decreased 10.8% from 453 in May 2019 versus 508 in May 2018.

sale prices

Pinellas Realtor® Organization June 21, 2019

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

Clearwater Beach Real Estate Market Report

May 2018 – The Pinellas County housing market in April continued the trend of higher median sale prices and faster median time to contract for both Single Family Homes and Townhome/Condo. The most noticeable difference that breaks from what we’ve been seeing in 2018, is that for the first time since January 2018, new listings for the month were more than same month last year.

New Listings

New Listings for Single Family for April were 1,449, up 1.4% from last April, at 1,429. New Listings for Townhome/Condos for April 2018 were at 1,007, up 4.8% from 961 in April 2017. The Median Sale Price for Townhomes/Condos was $169,900 for April 2018, up 8.9% from $156,000 in April 2017.

Median Prices

The Median Sale Price for Single Family Homes was up by 7.6% from last year, at $252,750 for April 2018 versus $235,000 for April 2017. The Months Supply of Inventory for Single Family Homes remained the same year-over-year, with a 2.6 Month Supply this April, as compared to a 2.6 Month Supply in April 2017. The Months Supply of Inventory for Townhome/Condo also fell 9.1%, from 3.3 months in April 2017 to 3.0 months in April 2018.

Single Family

Movement on Single Family Home sales also improved year-over-year. The Average Sale Price for Single Family Homes rose from $318,451 in April 2017 to $335,499 in April 2018. The Median Time to Contract for Single Family Homes was 27 days in April 2018, down 6.9% from 29 days last April. The Median Time to Sale for Single Family Homes was 66 days this April, down 7.0% from 71 days last April. Dollar Volume for Single Family Homes increased 4.7% year-over-year, with $406.6 million in 2018 versus $388.5 million in April 2017. Year-over-year, Closed Sales for the Single Family were slightly down -0.7%, with 1,212 in April 2018 versus 1,220 in April 2017.

Townhome/Condo

The Average Sale Price for Townhome/Condo was $236,292 in April 2018, up from $223,482 in April 2017. The Median Time to Contract for Townhome/Condo market was 29 days. It was 34 days in April 2017. Median Time to Sale for Townhome/Condo market was 70 days in April 2018 and 77 days in 2017, down at 9.1%. Dollar Volume for Townhome/Condo saw a 2.2% increase year-over-year, with $203.4 million in April 2018 compared to $199.1 million in April 2017. Coinciding with less Townhome/Condo inventory, closed sales for the Townhome/Condo segment were down by 3.4% year-over-year, at 861 in April 2018 versus 891 in April 2017.

 

May 2018 Real Estate Report

Pinellas Realtor Association May 24, 2018

Posted in: Clearwater Beach Buyers, Clearwater Beach Home Prices, Clearwater Beach Real Estate, Clearwater Beach Real Estate Market News Tagged: Clearwater Beach Buyers, Clearwater Beach Condos, Clearwater Beach Real Estate, Clearwater Beach Real Estate Market Report

Clearwater Beach Real Estate Report October

September’s numbers are out, and it comes as no surprise that Hurricane Irma made somewhat of an impact on the real estate market.

Before you get too concerned, there are some important takeaways from this month’s statistics. Year-over-year, Closed Sales for the Single Family segment in September were down 25.3%, but this is directly related to the length of time businesses, schools, and other institutions were closed before and after Irma’s impact.

Median Prices

Median Sale Price for Single Family Homes was up 11.7% from last year, at $248,000 for September 2017 versus $222,000 for September 2016 which is a strong indicator that the housing market was just delayed, rather than derailed. It should also be noted that there were only 20 business days this September, and even if title agencies, banks, and other major players in the market were only closed for four days, that is 20% fewer business days to get things done.

Dollar Volume

Dollar Volume for Single Family Homes decreased 16.9% year-over-year, with $284.6 million in 2017 versus $342.4 million in September 2016. Median Time to Contract for Single Family Homes was 23 days in September 2017, down 8.0% from last September. Average Sale Price for Single Family Homes grew 11.2%, at $316,533 in September 2017 versus $284,614 in September 2016. Median Time to Sale for Single Family Homes was 67 days this September, down 6.9% from 72 days last September. New Listings for Single Family for August were 858, down 33.6% from last September, at 1,293.

Townhome & Condo

The Townhomes/Condo market segment’s sales prices are still holding strong. Closed Sales for the Townhomes/Condo segment were down 3.7%.

  • Median Time to Sale for Townhomes and Condos decreased 2.5% year-over-year at 78 days in September 2017 and 80 days in 2016.
  • Average Sale Price saw an amazing 18.4% increase with $224,894 in September 2017 and $189,901 in September 2016.
  • Median Sale Price for Townhomes/Condos was $149,000 for September 2017, up 18.3% from $126,000 in September 2016.
  • Dollar Volume for Townhomes/Condos saw a 14.0% increase year-over-year, with $146.0 million in September 2017 compared to $128.0 million in September 2016.
  • Median Time to Contract for Townhomes and Condos was up 5.6% year-over-year, going from 36 days in September 2016 to 38 days in September 2017.
  • New Listings for Townhomes/Condo for August 2017 were at 614, down 25.4% from 823 in September 2016.

Inventory

The seller’s market continues in September, with Months Supply of Inventory down 7.1% year-over-year for Single Family Homes, with a 2.6 Month Supply this September, as compared to a 2.8 Month Supply in September 2016. Months Supply of Inventory for Townhomes/Condo fell a dramatic 17.6%, with 2.8 months in September 2017 and 3.4 months in September 2016.

 

Pinellas Realtor Assn. October, 2017

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

July Kicked Off Third Quarter with Some Strong Figures

Third Quarter – Clearwater Beach Real Estate

The latest market statistics from Florida Realtors show that July has kicked off the third quarter with some
strong figures.

  • Dollar Volume for Townhomes/Condos saw a 25.4% increase year-over-year, with $170.2
    million in July 2017 compared to $135.7 million in July 2016.
  • Median Sale Price for Single Family Homes was up 11.6% from last year, at $240,000 for July 2017 versus $215,000 for July 2016.
  • Median Time to Contract for Townhomes and Condos was down 20.0% year-over-year, going from 40 days in July 2016 to 32 days in July 2017.
  • Median Time to Contract for Single Family Homes was 19 days in July 2017, down 32.1% from last July.

Dollar Volume for Single Family Homes also had an increase of 6.7% year-over-year, with $377.1 million in 2017 versus $353.4 million in July 2016. Median Time to Sale for Single Family Homes was 66 days this July, down 12.0% from 75 days last July. Average Sale Price for Single Family Homes grew 8.5%, at $312,210 in July 2017 versus $287,816 in July 2016.

The Townhomes/Condo market segment’s sales prices are still holding strong. Median Time to Sale for Townhomes and Condos decreased 6.3% year-over-year at 74 days in July 2017 and 79 days in 2016. Average Sale Price saw a 13.9% increase with $226,638 in July 2017 and $198,965 in July 2016. Median Sale Price for Townhomes/Condos was $160,000 for July 2017, up 14.6% from $139,635 in July 2016.

Year-over-year, Closed Sales for the Single Family segment were down slightly by 1.6%, and Closed Sales for the Townhomes/Condo segment were up 10.1%. New Listings for Single Family for July were 1,448, up 7.7% from last July, at 1,344. New Listings for Townhomes/Condo for July 2017 were at 757, down 6.8% from 812 in July 2016.

Inventory

The strong seller’s market continues in June, with Months Supply of Inventory down 10.7% year-over-year for Single Family Homes, with a 2.5 Month Supply this July, as compared to a 2.8 Month Supply in July 2016.

Months Supply of Inventory for Townhomes/Condo fell 17.1%, with 2.9 months in July 2017 and 3.5 months in June 2016.

third quarter

Pinellas Realtors August 27, 2017

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

Canadians & International Buyers Love Florida Homes

Canadians retained their spot as the No. 2 international buyers of U.S. property, with Florida coming in as the most popular state among this investor group, according to the 2017 National Association of Realtors’ International Activity in U.S. Residential Real Estate Report.

Despite the weak Canadian dollar, (one Canadian dollar will get you 79 U.S. cents) Canadians remain key home buyers. Of the nearly $20 billion in U.S. real estate purchases, $7 billion were in Florida alone. Other popular states include Texas, California, New Jersey and Arizona.

Canadians have more than doubled their spending on U.S. properties. Between April 2016-March 2017, Canadians spent $19 billion on U.S. real estate, up from $8.9 billion the previous year.

In Canada, house prices rose by 10 percent in 2016, compared to 5 percent in the U.S. In particular, Vancouver housing prices rose sharply over the past year by 17 percent. The U.S. housing market saw modest price growth compared to Canada’s housing markets, which may have played a role in increased spending on U.S. properties.

 

Foreign US Home Buyers

Foreign purchases of U.S. residential real estate surged to the highest level ever in terms of number of homes sold and dollar volume.

Foreign buyers closed on $153 billion worth of U.S. residential properties between April 2016 and March 2017, a 49 percent jump from the period a year earlier, according to the National Association of Realtors. That surpasses the previous high, set in 2015.

The jump follows a year-earlier retreat and comes as a surprise, given the current strength of the U.S. dollar against most foreign currencies, which makes U.S. housing even more expensive. Apparently, the value of a financial safe-haven is outweighing the rising costs.

Half of all foreign sales were in three states: Florida, California and Texas.

international buyers

Orlando Business Journal, CNBC August 18, 2017

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

U.S. Home Prices Reach Record High for Sixth Straight Month

U.S. home prices reached a new high in May for the sixth straight month, which may raise fears of another housing bubble roughly a decade after a previous one burst.

The index

Case-Shiller Home Prices Index

Community; one-year change

Seattle +13.3%
Portland, Ore. +8.9%
Denver +7.9%
Dallas +7.8%
Detroit +7.6%
Las Vegas +6.9%
Tampa +6.8%
San Diego +6.6%
Boston +6.1%
Charlotte, N.C. +6.1%
Minneapolis +5.7%
Phoenix +5.7%
Los Angeles +5.6%
Atlanta +5.5%
San Francisco +5.4%
Miami +5.3%
New York +4%
Cleveland +3.6%
Washington D.C. +3.6%
Chicago +3.3%

Source: Standard & Poor’s

The Standard & Poor’s CoreLogic national home price index, released Tuesday, increased 5.6 percent in May, the latest data available. It is now 3.2 percent higher than its July 2006 peak.

Some analysts downplay the notion of a new bubble, and the unrelenting price increases may already be cooling sales. Other aspects of the last decade’s housing boom and bust, such as rapid sales increases and surging home building, are not happening now.

“Price increases vary across the country, unlike the earlier period when rising prices were almost universal,” David Blitzer, chairman of the Index Committee at S&P, said.

A separate price index maintained by the National Association of Realtors is also rising steadily, though it remains about 9 percent below its 2006 peak. The S&P CoreLogic index tracks the same houses over time and is generally considered a better gauge of price changes, while the NAR’s measure is affected by the proportion of higher-priced or lower-priced homes on the market.

Tampa and Miami are included in the list of 20 cities. Tampa saw prices rise 6.8 percent during the last 12 months, while Miami saw an increase of 5.3 percent.

The national picture

Much of the price gain measured by the Case-Shiller Index is being driven by Seattle; Portland, Oregon; and San Francisco.

Herald Tribune July 25, 2017

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

Real Estate Report – Clearwater Beach May 2017

This May has seen a lot of stormy weather, but the real estate market continues to shine. Dollar Volume for Townhomes/Condos was $204.8 million in May 2017, an incredible increase of 27.8% from $160.2 million in May 2016.

Dollar Volume for Single Family Homes also had an amazing increase of 35.3% year-over-year, with $452.3 million in 2017 versus $334.4 million in May 2016.

  • Median Sale Price for Single Family Homes was up 14.4% from last year, at $230,000 for May 2017 versus $201,000 for May 2016.
  • Median Sale Price for Townhomes/Condos was $165,000 for May 2017, up 18.7% from $139,000 in May 2016.

Median Time to Contract
Median Time to Contract for Single Family Homes was 27 days in May 2017, down 3.6% from last May. Median Time to Sale for Single Family Homes was 70 days this May, down 5.4% from 74 days last May. Average Sale Price for Single Family Homes grew an astounding 23.4%, at $312,364 in May 2017 versus $253,121 in May 2016.

Sales Prices
The Townhomes/Condo market segment’s sales prices continue to grow. Median Time to Sale for Townhomes and Condos decreased 9.6% year-over-year at 75 days in May 2017 and 83 days in 2016. Average Sale Price saw a 13.9% increase with $234,382 in May 2017 and $205,711 in May 2016. Median Time to Contract for Townhomes and Condos was down 20.0% year-over-year, going from 40 days in May 2016 to 32 days in May 2017.

Closed Sales
Year-over-year, Closed Sales for the Single Family segment were up 9.6%, and Closed Sales for the Townhomes/Condo segment were up 12.2%. New Listings for Single Family for May were 1,494, up 2.0% from last May, at 1,464. New Listings for Townhomes/Condo for May 2017 were at 898, up 3.1% from 871 in May 2016.

Seller’s Market
The strong seller’s market continues in May, with Months Supply of Inventory down 10.7% year-over-year for Single Family Homes, with a 2.5 Month Supply this May, as compared to a 2.8 Month Supply in May 2016. Months Supply of Inventory for Townhomes/Condo fell 15.8%, with 3.2 months in May 2017 and 3.8 months in May 2016.

 

May 2017

Pinellas Realtor Org. June 2017

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

Long Awaited Project Would Bring JW Marriott Luxury Hotel to Clearwater Beach

marriott luxuryMarriott Luxury
After four years of planning, one of the world’s top luxury hotel brands — JW Marriott — finally could be coming to Clearwater Beach.

Sales are to begin this week for 36 fully furnished JW Marriott Residences, the first of their kind in the United States. They would occupy four upper floors of what also would be a 166-room JW Marriott hotel, one of only about 75 worldwide.

It would be Tampa Bay’s first five-star hotel.

“This is a big deal,” hotelier Uday Lele said Monday of the $120-million project that would replace his DreamView Resort at 691 S. Gulfview Blvd. “I feel that to have this name brand come to Clearwater Beach will benefit all of Tampa Bay in a very big way.”

Lele’s Enchantment LLC is announcing its affiliation with Marriott at a time of unprecedented hotel activity in the Tampa Bay area. Two large new resorts — Opal Sands and the Wyndham — recently opened on Clearwater Beach, and at least 27 other bay area hotels, including several upscale ones, are planned or under construction with a total of 4,000 rooms.

Early last year, Lele said he was in talks with Marriott International about the project. At the time, though, the world’s largest hospitality company said only that while it considered Tampa Bay “a great destination for our JW Marriott Brand,” it had no specific plans for the area yet.

Condo and Hotel Rooms
But on Monday, Marriott confirmed that it had given Lele the green light to launch sales of the condos on the Multiple Listing Service under the JW Marriott name. The one-, two- and three-bedroom units, ranging from about 850 to 1,350 square feet, will be priced from $550,000 to $1.3 million and could be occupied by the owners for a month at a time, Lele said. When rented out, the condos would serve as suites for the hotel and be managed by Marriott.

The 166 traditional hotel rooms would occupy the rest of the 15-story building, which would have an infinity pool, outdoor decks at various levels and a Spa by JW. Plans also call for two restaurants, one similar to the market- style Burlock Coast Seafare & Spirits in Fort Lauderdale, the other serving Peruvian-Japanese fusion cuisine.

The rooms, residences and restaurants all would have views of the 300-foot private beach, which faces Sand Key across an inlet and also looks toward the Gulf of Mexico.

Because of a jog in the coastline, ”in the morning you can see the sun rise and in the evening you can see the sun set,” Lele said. “This is a very special spot, so tranquil and serene.”

Construction could start this fall after the existing hotel is razed and would take about two years, Lele said. He said he has obtained a construction loan.

An expert on the hospitality industry said Lele’s affiliation with Marriott would help the viability of the project, which would be Tampa Bay’s first five-star hotel under a brand name.

“The location is a very good one,” Lou Plasencia, CEO of Tampa’s The Plasencia Group, said Monday. “Anything in that area I think will do well given the amount of visitor traffic that Clearwater Beach has seen of late. Visit St. Pete/Clearwater would welcome any new hotel in that area, especially one of this caliber.”

JW Marriott ranked No. 3 in the luxury segment in J.D. Powers & Associates 2016 North American Guest Satisfaction Study, behind Ritz-Carlton (another Marriott brand) and Four Seasons. The JW chain has two hotels in Miami, one in Orlando and the recently opened JW Marriott Marco Island Beach Resort in Southwest Florida.

“Many other brands approached me because of the uniqueness of the site,” Lele said. “What attracted me to Marriott was its family values and the honor of having (the founder’s) name on the hotel.”

Tampa Bay Times, April 10 2017

Posted in: Clearwater Beach Buyers, Clearwater Beach Lifestyles, Clearwater Beach New Construction Tagged: Clearwater Beach Condos, Clearwater Beach Real Estate, Clearwater Beach Vacation Homes

Impressive Sales Figures for February 2017

Pinellas-RealtorThis February has boasted some impressive sales figures for both the Single Family Home and the Townhouse and Condo sectors.

Dollar Volume for Townhome/Condo was $153.0 million in February 2017, an incredible increase of 30.0% from $117.7 million in February 2016.

  • Median Sale Price for Single Family Homes was up 16.8% from last year, at $222,000 for February 2017 versus $190,000 for February 2016.
  • Median Sale Price was $149,500 for February 2017, up 20.6% from $124,000 in February 2016. Average Sale Price grew an astounding 25.0%, with $236,827 in February 2017 and $189,521 in February 2016.

Median Time to Contract for Single Family Homes was 38 days in February 2017, the same as last February. Median Time to Sale for Single Family Homes was 81 days this February, down just 1.2% from 82 days last February. Dollar Volume for Single Family Homes increased 4.8% year-over-year, with $271.8 million in 2017 versus $259.3 million in February 2016. The Condo/Townhome market segment’s sales prices are still holding strong.

Median Time to Contract for Townhomes and Condos was down 4.1% year-over-year, going from 49 days in February 2016 to 47 days in February 2017. Median Time to Sale for Townhomes and Condos was down 3.4%, at 91 days in February 2017 and 88 days in February 2016.

Year-over-year, Closed Sales for the Single Family segment were down 6.2%, and Closed Sales for the Townhome/Condo segment grew 4.0%. New Listings for Single Family for February were 1,370, down 9.8% from last February, at 1,519. New Listings for Townhome/Condo for February 2017 were at 974, down 6.1% from 1,037 in February 2016.

The strong seller’s market continues, with Months Supply of Inventory down 3.4 year-over-year for Single Family Homes, with a 2.8 Month Supply this February, as compared to a 2.9 Month Supply in February 2016. Months Supply of Inventory for Townhome/Condo fell an astounding 14.6%, with 3.5 months in February 2017 and 4.1 months in February 2016.

 

February 2017

Pinellas Realtor Org., March 27, 2017

Posted in: Clearwater Beach Buyers, Clearwater Beach Real Estate, Clearwater Beach Real Estate Market News Tagged: Clearwater Beach Real Estate, Clearwater Beach Real Estate Market Report

Real Estate Market Holds Strong at Close of 2016

Pinellas County Real Estate Statistics for December 2016

Pinellas-RealtorThe Pinellas County residential real estate market holds strong at the close of 2016. Dollar Volume for Single Family Homes increased 8.1% year-over-year, with $329.0 million in 2016 versus $304.3 million in December 2015. Dollar Volume for Townhome/Condo was $147.9 million in December 2016, up 6.6% from $138.7 million in December 2015. The number of Closed Sales for Single Family and Townhome/Condo combined for December 2016 was 1,875, down 3.5% from 1,944 in December 2015.

Median Sale Price for Single Family Homes was up in a big way again, at 17.6% from last year, at $222,250 for December 2016 versus $189,000 for December 2015. Median Time to Contract for Single Family Homes was 31 days in December 2016, up 3.3% from 30 days last December. Median Time to Sale for Single Family Homes was 73 days this December, the same number of days as last December.

The Condo/Townhome market segment’s sales prices are still holding strong.

  • Median Sale Price was $142,000 for December 2016, up 7.6% over $132,000 in December 2015.
  • Average Sale Price was up 11.9%, with $215,214 in December 2016 and $192,400 in December 2015.

Median Time to Contract for Townhomes and Condos was up 22.2% year-over-year, going from 36 days in December 2015 to 44 days in December 2016. Median Time to Sale for Townhomes and Condos was up 12.0%, at 84 days in December 2016 and 75 days in December 2015.

Year-over-year, closed sales for the Single Family segment were slightly down at 2.9%, and Closed Sales for the Townhome/Condo segment were down 4.7%. New Listings for Single Family for December were 995, down by 5.3% from last December, at 1,051. New Listings for Townhome/Condo for December 2016 were at 680, down 4.0% from 708 in December 2015.

The strong seller’s market continues, with months supply of inventory down 3.4% year-over-year, with a 2.8 month supply this December, as compared to a 2.9 month supply in December 2015. Months Supply of Inventory for Townhome/Condo fell 5.6%, with 3.4 months in December 2016 and 3.6 months in December 2015.

close of 2016

Pinellas Realtor Organization, January 2017

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

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