My Gulf Coast Property Real Estate Blog

Clearwater Beach Voted #1 By TripAdvisor

Clearwater Beach Voted #1Clearwater Beach just received yet another accolade from TripAdvisor!

In their 2019 Travelers' Choice Award, Clearwater Beach was named the #1 Beach in the United States. TripAdvisor said in part “The sugar fine white sand is a trademark of this fabulous beach. Perfect for a day in the sun. You might even spot a dolphin or two playing on the horizon.”

This is the second year in a row that Clearwater Beach has received this honor from TripAdvisor. Check it out on the TripAdvisor Website.

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Another one of our wonderful beaches, St. Pete Beach was named number four. These are just two of the many wonderful Gulf Coast beach areas in Pinellas County. Check Out More About Beach Lifestyles.

The TripAdvisor ratings were based on the quantity and quality of traveler reviews and ratings gathered during a 12-month period when creating...

Middle Beach Condo Trends

Middle Beach Condo Trends 2018 Overview

As with Clearwater Beach, 2018 was another banner year for condo sales on the Middle Beaches of Pinellas with 586 condos sold. This is about 7% higher than the 550 sales in 2017, and a whopping 30% higher than the historical average. The average sale price was $490,000 which is up 6% from 2017. Condos and townhomes represented 80% of the property sales in the Middle Beach area in 2018 with single-family homes at only about 20% of the market.

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Clearwater Beach Condo Trends

Clearwater Beach Condo Trends 2018 Overview

2018 was another banner year for condo sales on Clearwater Beach with 445 condos sold. This is higher than the 437 sales in 2017, and also about 20% higher than the historical average. The average sale price was $539,000. Condos and townhomes represented 86% of the property sales in Clearwater Beach in 2018 with single-family homes at only about 14% of the market.

Sales by Area

The most sales were in Sand Key with 40% of the sales, and Clearwater Beach Proper with 35% of the sales. Island Estates had 108 condo sales or about a quarter of the condo sales volume.

Clearwater Beach Condo Sales by Area 2018

Clearwater Beach Condo Sales Trends by Year

The average sale price for a condo on Clearwater Beach in 2018 was up 4% over the 2017 average of $517,000. The ...

Sand Key Condo Trends 2018

Overview

2018 was another busy year or year for real estate and condos on Sand Key. There were a total of 185 condos sold for an average price of $616,000. The $616,000 price mark is the highest average price in recent history. Due to low inventory, the average days on market was just 133 days. The average sale price was 96% of the list price. Sand Key condo sales represented 41% of all the sales in the Clearwater Beach 33767 zip code in 2018.

Sand Key Condo Sales Trends By Year

As shown in the graph below, the average sale price for condos on Sand Key has risen to just over $616,000 in 2018. This is 8% higher than the $573,000 average in 2017. The five-year price increase trend for Sand Key condos is a little over 5% per year.

Sand Key Condo Price Trends 2018

How Long Did It Take To Sell?

Sand Key condos had an average time on market of just 106 days in 2018 or about 3 1/2 months. As you can see in the graph below this is much lower than it was just a few years ago, indicating high demand. 

Average Days on Market for Sand Key Condos...