Saturday, June 29, 2019 / by Kristin Vincelli
The State of The Market Condominiums Clearwater Beach and Sand Key
We pulled data from the MLS for Condo's in this area with a price range of $500,000 to $800,000. We see that in June sale price averaged $641,750. Since May of last year, the market for this price range has averaged $644,199. The average list price for June was $651,185 and over the last 12 months it was $653,255. Inventory increased from 6 months in May to 11 months in June. Since June of last year, we have averaged 7 months of inventory. Clearwater Beach and Sand Key are highly desirable places to live and vacation so demand will remain strong. Pricing and condition continue to be the largest factor in the amount of time a property takes to sell. Homes that are in top condition and priced competitively create a higher demand, receive more showings, and achieve a higher price. The result is less time on the market.
If you are thinking of listing or buying consider The Tom Smith Team. Over 20 years of beach experience. Over $100,000,000 listed and sold and ranked in the top 3% of agents in Pinellas County.