Clearwater Florida Real Estate
Let's looks at what's happening with Clearwater Homes in today's Home Buyer's Market.
Clearwater Homes for sale Without Pool With Pools All Homes
- Number of Homes for sale (8-31-07) 837 347 1184
- Number of Homes Sold (July 2007) 45 29 74
- How long it's taking to sell on average 63.96 120.14 85.98
What's happening with Clearwater Home Prices?
- Median Home Price (July 2007) $190,000 $280,000 $237,000
- Median Home Price (July 2006) $205,000 $284,900 $230,000
- Difference year to year: - 7.30% - 1.50% + 1.03%
This is a great example of how numbers can be deceiving and you need to understand their context to fully understand their meaning- So what does it all mean?
How can pool homes and non pool homes median prices be down and the median price for all homes be up?
- Because one is a snapshot of 1 month and the other is for 12 months. I've enclosed the graph below to show the dramatic reality that in April of 2007 the median price was as low as $188,500 - it has been steadily rising through the summer months.
This helps explain the often asked question: Is now a good time to buy a home in Clearwater?
I believe the answer yes because we are in a strong buyers market and no one can predict how long it will last. Remember one year ago we were in the strongest sellers market so things can change quickly and like the stock market - no reputable real estate agent or stock broker will tell you they can determine the high or the low but it's obvious that there are definitely real estate bargains to be had in todays real estate market.
Home Buyer's benefit from working with Buyer's Agents like Jack and I that represent you and work to ensure that in this market you are "buying right" - we believe you make your money when you buy your home for the right price - when you can be in control - the market determines what homes will sell for in the future. Our goal is for you to be educated and empowered to make informed decisions. The best part is our services are FREE for the home buyers. (see our Home Buyer testimonials below)
Considering a Clearwater Pool Home? - Here's our latest Pool Homes in Clearwater Florida - Real Estate Market Report (July 2007).
As a Tampa Bay Home buyer or Home seller - if you'd like to get this kind of info for a neighborhood or another local city that interests you - just give me a call at 727-710-8035 or email me at Cyndeehaydon@gmail.com - we'd love to help you out.
Clearwater Real Estate Info
Buyers tell us that selecting a Clearwater Real Estate Agent, especially online or from a distance, can be a challenge. Some of our past clients agreed to share their experiences and tell you why they think you should work with us.
Click on the photos below and meet some of our clients and now friends...we'd love to be YOUR choice too!
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*The above information and images are Copyright © 2007 Cyndee & Jack Haydon, Clearwater Beach Real Estate Agents and may not be copied, reproduced, distributed, transmitted, displayed or published. All rights reserved. Plagiarism will be detected and is punishable by law. Reprinted with permission from Sandbars to Sunsets.
Ashley - part of why I believe they're taking longer is they are more expensive - look at the value almost $100,000 more - that's why in my other report, Pool Homes in Clearwater Florida - Real Estate Market Report I noted that right now there are 15 pool homes under $200,000 - those are obvious bargains as well as about 100 under $300,000.
On the upside - you can see that the pool homes are holding their value better - which is a good thing!!
Chris - I don't know about brilliant (LOL) - I'm just trying to make sense of all the "janky and hoopty" numbers (inside joke ) flying around.
I firmly believe NOW is a great time to buy a home in Clearwater and the news media seems more interested in "sensationalism" than practical information consumers can use - I hope I've accomplished my goal of providing that here.
I'm always open to suggestions - especially from a Real Estate expert like you. :-)
I'm with Chris. Cyndee Haydon is brilliant. You know your market inside out. And that ain't no Janky Hoopty!
Cyndee,
With the prices increasing and the days on market decreasing the last few months, it looks like your market in Clearwater is recovering nicely. Your graphs really give a great picture of your overall market.
Jason - thank you for the feedback!! :-) You're the best!
Susie - I fear you are correct - we've had some really happy families getting into pool homes for @ $200,000 this summer - they definitely got great deals.
Now is a great time to buy a home in Tampa Bay. Forbes.com even predicts that the Tampa Bay real estate market may have a sharp "V" recovery so buyers should look hard at todays market for great bargains and deals.
Cyndee,
Girl, do you know your market our what??? You do such a great job on these market reports, you're providing such great information for Clearwater home buyers.
Fantastic post. I am jealous! You are setting a new standard in great posts. People always ask if a Pool home helps or hurts a home. In the DC area; it sometimes hurts; but NOT in sunny Florida!
Cheers!
Hi Cyndee,
Your reports are just chocked full of Local Info for your readers. Very nicely done. We have always found that Pools can be more trouble to a listing than they are worth. It narrows the field of buyers to specifically those who want one.