Clearwater, FL housing market

One in four homes for sale in Clearwater has already had its price cut, and that tells you almost everything about this market right now. The typical home here is worth about three hundred forty-two thousand dollars, down roughly 2.4 percent over the past year, so sellers are not crashing, but they are giving ground. There are about one thousand fifty-nine homes for sale, with around 292 new listings coming on in a single month, which means buyers have plenty to choose from. And homes are sitting. The median listing spends about 81 days on the market before going under contract. Notice too that the median list price is about two hundred fifty-seven thousand five hundred dollars, well below the typical home value, which tells you the most active sellers, often smaller or older homes, are pricing to move. If you are thinking of selling, price it right from day one. In this market an overpriced home does not wait patiently. It sits, it stales, and then it cuts.