Clearwater, FL 33761 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary indicator of neighborhood value and recent transaction activity is the median sold price of $455,000; this representative recent sale level should be used over asking prices when assessing valuation, and the notable gap with the median listing price of $829,000 may indicate pricing friction between seller expectations and finalized transactions.
2. Liquidity appears muted: the median days on market of 313 points to slower sales velocity and extended selling timelines, which, together with increasing supply, suggests moderate negotiation leverage for buyers and a market that may require price or condition concessions to transact.
3. Valuation context: the median price per square foot is $124 while median market rent is $1,800; with rent year-over-year trending down, rental demand softening may reduce investor bid competition in the near term rather than support higher price-per-square-foot bids.
4. Near-term market outlook is one of balance: price year-over-year trend is flat and market temperature is neutral, while interest rate pressure is moderate; combined with increasing available inventory, this environment appears to favor careful, data-driven pricing and staged marketing rather than aggressive listing strategies.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.