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 May 2023

At the same time last year, Clearwater Beach was a Neutral 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

$865,000

$572/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$80,787(+10.3%)

Key Takeaway

Homes in Clearwater Beach have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Clearwater Beach was $865,000 in May 2024, up 10.3% from last year, and the median price per square foot was $572.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $415K$410K
-1.2%
2 $693K$723.7K
+4.4%
3 $979.9K$1.1M
+19.9%
4 $2.0M$1.6M
-19.6%
5+ $2.8M$2.6M
-8.3%

Summary: Clearwater Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 19.9%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Cities

Belleair Beach
+18.5%
Clearwater Beach
+10.3%
Dunedin
+2.9%
Clearwater
-0.1%
Belleair
-1.7%

Housing Supply in Clearwater Beach, FL

How many homes are available in Clearwater Beach, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
385384-0.3%

Summary: The Clearwater Beach real estate market had 384 homes for sale in May 2024, a 0.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 4446
+4.5%
2 173174
+0.6%
3 116112
-3.4%
4 4142
+2.4%
5+ 1110
-9.1%

Summary: The Clearwater Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4430-31.8%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

1 Home Was 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. 96.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Clearwater Beach in May 2024, down by 31.8% month-over-month. Of the 30 sold homes, 97% were sold under asking, 3% 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

May 2023May 2024CHANGE
52 Days86 Days+62.7%

Summary: Homes in Clearwater Beach had an average of 86 days on market in May 2024, up by 62.7% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clearwater Beach are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 30 homes were sold in Clearwater Beach; 37% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 30% 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 1 Day Ago

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