The prices in real estate in Clearwater Beach, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Clearwater Beach has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $4,518. In March this price pretty much remained the same at a value of $4,412 per sq.feet. The price for the following two months in (April, May) had a considerable decrease of 49 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 12 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $3,316.25 to $384.5 during June, and July.
Based upon to the price in Clearwater Beach (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $1,345,337. In March This price remains at $1,382,379. During the following two months (April, May) the average price had a considerable reduction of 77 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,209,834.75 to $463,780, which means a 38 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $520,670 they are 34 % more affordable than the average price for Clearwater Beach. The properties with the highest average price have 2 bedrooms, Their price is 144 % more costly than the average. After that we have properties with 3 bedrooms priced at $733,331.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $374 / sq.feet, with an average $373 / sq.feet price in Clearwater Beach. The properties with the highest average prices have 2 bedrooms. They are 942 % more expensive than the average followed by properties with 1 bedroom with a price at $482 / sq.feet.
The graph displaying the average prices displays the property type "Guest House" as the most costly one. At an cost of $520,670 it is 21 % more expensive than the average price in Clearwater Beach. "Land" is seen as the second dearest property type. The dearest property type is "Condo" followed by "Land". At a price of $639,975 it is 41 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Guest House" at an average cost of $322 / sq.feet followed by "Condo" priced at $374 / sq.feet. "Land" is the most costly type of property with a $394 / sq.feet cost followed by "Condo" with an average price of $374 / sq.feet.