Clearwater Beach Florida - 2011 Housing Market Review
Looking back at 2011 we see that it was a VERY good year for the housing market and when we make some comparisons to the 2010 Housing Market on Clearwater Beach, we come up with numbers that prove the local housing market is rebounding!
Let us begin with single family homes. There were 63 single family homes sold in 2011, compaired to 58 in 2010.
Sold Price/Sq Ft 2011 Sold Price/Sq Ft 2010
High: $862.66 High: $491.41
Low: $111.11 Low: $ 122.82
Average Days on Market: 91 Average Days on Market: 149
Let us now review townhomes, condos and villas. There were 382 sold during 2011 compared to 370 in 2010.
Sold Price/Sq Ft 2011 Sold Price/Sq Ft 2010
High: $813.64 High: $707.09
Low: $ 89.16 Low: $ 90.49
Average Days on Market: 103 Average Days on Market: 160
From these figures we see that the amount of time homes remain on the market has declined significantly! As for the prices, while there are still many great deals out there, the local real estate market did indeed begin to rebound during 2011. 2012 should prove to be a VERY good year for the local market!
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