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Clearwater Real Estate | Market Report for Homes without Pools - July 2007

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.

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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!

Relocations ~ Waterfront Homes for Sale, Townhomes Condos & Villas ~ Beach House of Your Dreams ~ Find the Perfect Vacation Home or Florida Investment Property in Pinellas County ~ Luxury Homes ~ Luxury Condos for Sale in the Tampa Bay resort areas ~ 1031 ~ Pool Homes ~ Homes for Sale ~ Condos for Sale

Posted by Clearwater Real Estate Pinellas Florida Condos & Homes for Sale- Cyndee Haydon on 08/31/2007 08:26 PM

Comments (44)

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Originally posted at: Clearwater Florida Homes Condos Real Estate: Clearwater Real Estate | Market Report for Homes without Pools - July 2007

This post has been included in Florida Information Pinellas County, FL Information Clearwater, FL Information

44 Comments on Clearwater Real Estate | Market Report for Homes without Pools - July 2007

AUG

2007

Cyndee I have to say looking at your numbers I am surprised. I would have thought there would be more pool homes in the mix. Interesting to note they are taking about twice as long to sell also. Good information to consider before buying a home in Clearwater FL.

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!!

Cyndee Haydon is brilliant.

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!

Ashley - you guys crack me up - it's great having REALTOR peers that know their local real estate markets AND know how to have fun and enjoy what we do. Thanks for making me smile tonight.

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.

The market reports are getting more and more complete each month Cyndee - I love all the buttons on the bottom and the chards are great. The pool difference between pool homes and homes with no pools was pretty drastic last month - I'm curious to see how that changes.

Rita - thank you for the feedback - my goal is to give as clear a picture as possible - especially for people relocating to the Tampa Bay area that may not have a "feel for our market" - pools may be new to them and the impact on the value of a home.

Ines - Hey Girl - I've missed you (hope to see you back soon)- Is Miamism keeping you busy? :-) - thanks for the compliments - I agree it's surprising to see the impact of the pool homes on median price and the ability to hold it's value. I'm curious too. Do you see anything similar in your Miami market?

Cyndee - I have not separated pool homes from my studies, it will be an interesting study.

Ines - be sure and let me know what you learn - I would be curious since I would guess they would be popular in Miami too.

Cyndee!! This is a fantastic post!! You have done an excellent job presenting the housing statistics for the Clearwater Area. What a valuable resources!

Kimberly - thank you for the kudos!!! I appreciate the feedback - especially for someone like you who showcases their area so well.

SEP

2007

Cyndee - you did a great job pulling this together - kudos to you!!!

Jack - thank you!

I concur with Chris! Great layout Cyndee!!

Wow, you did a great job of posting all of that information AND interpreting it for others to understand it. Thank you!

Well, my expert opinion is....It IS a great time to buy real estate in Clearwater. If a buyer isn't buying in Clearwater, they should be buying in Bonita Springs!

Excellent Cyndee!! In Florida, most families would love a pool home if they could afford it. As the market turns, these prices will again increase and the opportunity for some may be over. NOW is a GREAT TIME to buy a POOL HOME!! (I agree with Chris up there)

Jason - thank you for the feedback!! :-) You're the best!

Bridget _ I m glad it reads well - our goal is to educate people looking to buy or sell in the Tampa Bay market.

Chris - I agree with you 100% - If we can't find something for them here - I'll send them down to Bonita Springs - where they've got great ice cream shops too!

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.

Lynda - thank you - Jack & I work hard to keep ourselves up to date on what's happening - especially in this dynamic market. The good news is we do this kind of details research for both home sellers and home buyers - down to the neighborhood and home level. We have a passion for educating local consumers. I appreciate your feedback.

Cyndee, This is a fantastic report. You are truly the real estate expert for Clearwater, FL.

Mana - my day's complete - my Bffe is here :-) - thanks for the kind words - been missing you!!!

Cyndee, Your charts are wonderful. If I could only get my statistics to dance like yours.

Jennifer - thanks for the compliment - I know your photos are to die for - maybe we could exchange tips some time (LOL) - thanks for stopping by!

If we could just pool all of our knowledge, that would be great. I'm not sure my brain could hold all that information. We need to schedule lessons!

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!

I LOVE charts! Nothing like a great visual to help the reader understand what you're talking about! Well done (as always), Cyndee!

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.

James - I appreciate your feedback - yep! splish splash - pools are popular here!! I understand from others that in cold climates they are often a liability

Lola - you are so sweet - thanks for the kudos - I have a great tool that helps me create these graphs - I'm happy to share my secrets - neighbor :-)

Lisa - thanks for sharing your experience - We probably have the reverse factor here - one without a pool get often pushed down the list. The expense and new regulations to put a pool in makes it much smarter to buy one with a pool versus putting in a new one. Thanks for stopping buy - I've enjoyed your latest Pascack Valley market reports for your area of New Jersey.

Cyndee, what an awesome market report! Seperating the homes with pools and without its a great way to think about it!

Chris - I've found that our home buyers fall in one of the 2 categories more times than not when looking for single family homes in the Tampa Bay area. It is probably more true in Pinellas County since we have fewer "Master Neighborhoods" with community pools so people opt for a home in their backyard versus going to a City Recreation Center however it's all personal choice. I'm glad the info is helpful.

Cyndee- Your Charts are awesome. Buyers are choosing the best agent when they are choosing you to be their agent. You are so smart and know so much about your Clearwater area. Thank you for such informative and complete info on Clearwater home prices. Now is a great time to buy a home in FLORIDA! Katerina

SEP

2007

Wonderful Clearwater market update on local homes without pools...great for any buyer in Clearwater to know!

Katerina - it's so true - NOW is the time to buy a home or condo - there are some real bargains right now.

Leah - you know the kind of deals we've been able to help people purchase in this market. Your mortgage expertise has been a real asset because when we negotiate - letting the seller know that financing is done makes all the difference - that translates into savings for our Pinellas County Home Buyers.