Clearwater Real Estate Market Report - Pinellas, Florida
Clearwater, Florida - Pinellas
| Market Commentary Provided by David Collins Florida has been hit with a large number of Foreclosures and Short Sales, so we have a large number of listings on the market and not enough Buyers. This is a great time to buy. Prices of homes continue to decline. |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
David Collins
Charles Rutenberg Realty Clearwater, Florida 727-776-8200 davecollinsteam@aol.com Agent Home Page  |
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| Nearest Metro Area | Tampa | ||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | More than 120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $175,000 - View Graph Trend | ||||
| Best Selling Price Range | $100,000 - $149,000 | ||||
| Worst Selling Price Range | $550,000 - $599,000 | ||||
| Compared to Last Year | Down more than 30% | ||||
| Prices As % of Asking Price | 80-85% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Investors | ||||
| Buyer Activity for the past 90 days in Clearwater is | Increasing | ||||
| Seller Activity for the past 90 days in Clearwater is | No Change | ||||
| Is Financing Available For Qualified Buyers in Clearwater? | Yes | ||||
| Existing Home Prices for the past 90 days are | No Change | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | More than 50% | ||||
| Housing Hot Spots | Most cities within the Pinellas County area are considered 'Housing Hotspots' | ||||
| Reason to Buy/Sell | Population Growth | ||||
| Average Sold Price | $175,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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