June 17, 2011

Clearwater home sales are beginning to pick up, however a good portion of those are foreclosures or short sales. Year over year numbers are lower as recently reported reflecting a similarity in the ercentage drop. Values are dropping below what a renter would pay, this makes it very enticing for a renter to become an owner. Ask any 10+ year homeowner and the positive equity and savings far outweigh shelling out monthly rent.

Over the next week, I will post the listing and sales data for Clearwater.

 

 

 

 

Historical: 

Active Listings as of 5/29/2009 - 882 with 271 pending.

90 days ending 5/29/2009 - 241 sold with an average sale price of $201,395 / 90 days on market and a median of $138,000 and 63 DOM.

Prior Stats:

Active Listings as of 7/21/2008 - 1104 with 160 pending

90 days ending 07/19/08 - 221 sold with an average sale price of $235,449 and 89 avg. days on market

04/20/07 to 07/19/07 - 241 sold with an average sale price of $283,602 and 80 DOM

90 days ending 06/19/08 - 234 sold with an average sale price of $244,402 and 88 avg. days on market

03/20/07 to 06/19/07 - 232 sold with an average sale price of $265,279 and 80 DOM

90 days ending 05/19/08 - 218 sold with an average sale price of $273,692 and 91 avg. days on market.

02/20/07 to 05/19/07 - 225 sold with an average sale price of $268,063 and 76 DOM

From 01/20/08 to 04/19/08 - 196 sold $271,699 & 100 DOM

01/20/07 to 04/19/07 - 203 sold with an average sale price of $259,479 and 75 DOM

07/20/2007 - 07/19/2008 - 821 sold $266,947 94 DOM

07/20/2006 - 07/19/2007 - 1001 sold $291,245 71 DOM

05/20/2007 - 05/19/2008 - 839 sold $277,176 91 DOM

05/20/06 - 05/19/07 - 1,073 sold $298,840 & 65 DOM

Although looking at the past 12 month vs the previous 12 months is down, it is more important to look at the 90 day average as this reflects the current market.

 

When you need an appraiser in Clearwater, Associated Appraisal Group is your main contact for all your real estate appraisal needs. With over twenty years of appraisal experience you are assured of the most defensible appraisal report.

Clearwater Florida!

Call Paul Amirto @ (727)712-0555, x1026 or by E-Mail @ Contact Us