Clearwater Florida - January 2012 Market Report
A new year is here and this one is going to be GREAT for the local real estate market! Clearwater's single family home market started off the new year with 56 closings in January! These ranged from a 4 bedroom 3 bath 2555 sq ft home in Wynwoods Landing that listed for $324,900 and sold for $305,000 to a little home built in 1921. This little 1456 sq ft 3 bedroom 2 bath home was bank owned. Listed at $26,999 it sold for $26,900.
The average time on the market for these 56 homes was 90 days! That is not a bad average at all! The market has really picked up and that is wonderful!
Turning our attention to townhomes, condos and villas, there were 50 closings during January in Clearwater. These ranged on the high end from a waterfront condo at Water's Edge in downtown Clearwater that sold for the list price of $493,900 to a little coop in Drew Ridge that sold for only $8,000.
Average time on market for this category was 109 days. Again, it is so nice to see closings taking place in less time! This is a great indicator of how the year is going to develop.
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