Real Estate Trends in Clearwater and Pinellas County: July 2023 Market Insights

KerryAnn Rainey • August 3, 2023

Real Estate Trends in Clearwater and Pinellas County: July 2023 Market Insights


As we review July 2023, the real estate market in Clearwater and Pinellas County remains robust, albeit with some notable changes compared to previous months. The local property scene continues to be dynamic, with both buyers and sellers experiencing shifts in their bargaining positions. In this blog post, we will delve into the current real estate trends, examining the rising home prices, the evolving inventory situation, the days on market, and the changing dynamics between buyers and sellers.


Home Prices: Steady but Slower Growth


Clearwater and Pinellas County have experienced a sustained rise in home prices, but July 2023 saw a change in the pace of growth. The median home price in Clearwater increased by 1%, while in Pinellas County, it grew by 2%. Although still significant, this increase is slower than the rapid growth observed in preceding months. For prospective buyers, this indicates a potential window of opportunity to enter the market before prices rise further.


Inventory: A Positive Sign for Buyers, but Still Low


A silver lining for buyers in July 2023 is the increase in housing inventory. Clearwater witnessed a 5% rise in available homes for sale, while Pinellas County saw an 8% increase. Although more options are now available, the inventory levels remain relatively low compared to historical averages. This low inventory continues to foster a competitive market, wherein well-priced and desirable properties tend to receive multiple offers quickly.


Days on Market: Homes Are Selling Quickly but Showing a Slight Delay


The average days on market for properties in Clearwater is 28 days, and in Pinellas County, it is 26 days. Although homes are still selling relatively quickly, there has been a slight increase in the time it takes to finalize a sale. This development suggests that the market is becoming slightly more balanced, allowing buyers a bit more time to conduct due diligence before making a decision.


Bargaining Power: Shifting Dynamics for Buyers and Sellers


As the market continues to evolve, so does the balance of bargaining power between buyers and sellers. Sellers are still in a favorable position due to the strong demand for homes, but buyers are beginning to gain more influence. With the potential for a slower price growth rate, buyers may find opportunities to negotiate on the final purchase price. Moreover, sellers may be more willing to accommodate requests such as paying for closing costs to close a deal swiftly.


Additional Considerations


  • Market Competitiveness: Desirable areas in Clearwater and Pinellas County remain highly competitive. Buyers should be prepared to act decisively when they find a property that meets their criteria, as hesitation may lead to losing out to other interested parties.


  • Seller Expectations: While sellers can still benefit from favorable market conditions, setting realistic expectations for the price of their homes is essential. Overpricing could lead to properties sitting on the market for longer periods, which may impact their eventual sale price.


  • Future Outlook: The real estate market in Clearwater and Pinellas County is expected to maintain its strength in the upcoming months. However, there is a possibility of a cooling-off period as the market stabilizes. Both buyers and sellers should remain vigilant and keep abreast of changing market conditions.



July 2023 brings with it a real estate market in Clearwater and Pinellas County that continues to exhibit strength, even as certain trends indicate a moderation in its pace. Buyers should seize the opportunity to explore the market with increased inventory and potentially slower price growth. Meanwhile, sellers should remain realistic and attentive to changing dynamics, capitalizing on their advantageous position while remaining open to negotiation. As the market evolves, it is essential for all parties to stay informed and adapt to the shifting conditions to make the most of the opportunities that lie ahead.


At Fuller House Real Estate in Clearwater, Florida, we understand the nuances of the local market and are committed to helping you navigate these challenges with confidence. Our experienced team is equipped to assist you in finding the perfect home that aligns with your needs and budget, or in strategically positioning your property for a successful sale. Don't face the complexities of the Pinellas County real estate market alone. Reach out to Fuller House Real Estate today for personalized guidance and expert advice. You can contact us at 727-470-9373, send us an email at info@fullerhousere.com, or visit our website www.FullerHouseRE.com.

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Discover Timber Pines: A Resort-Style Retirement Community in Spring Hill

By KerryAnn Rainey • June 2, 2025
Life at Timber Pines: A Premier 55+ Golf Community in Spring Hill, Florida  Located along Florida’s picturesque Nature Coast, Timber Pines is one of the most sought-after active adult communities in the state. Known for its scenic setting, robust amenities, and strong sense of community, Timber Pines offers residents an exceptional quality of life. This gated, member-owned, debt-free community spans over 1,400 acres and caters exclusively to adults aged 55 and older. Whether you’re seeking a relaxing lifestyle, an active social calendar, or world-class golf facilities, Timber Pines offers all of this and more in a beautifully maintained setting. Resort-Style Living for Active Adults At the heart of Timber Pines is its outstanding array of recreational and social amenities. Residents enjoy access to four distinct golf courses comprising a total of 63 holes—an extraordinary offering for any golf enthusiast. The Grand Pines championship course offers a traditional 18-hole layout, while The Hills and The Lakes provide two additional 18-hole executive courses. The Highlands, a 9-hole par-3 pitch and putt course, is ideal for beginners or those looking to sharpen their short game. In addition to golf, Timber Pines features eight lighted tennis courts, bocce and shuffleboard courts, horseshoe pits, and two resort-style outdoor pools. A well-equipped fitness and wellness center, walking and biking paths, a woodworking shop, and numerous hobby and special interest clubs provide residents with endless opportunities to stay active and engaged. Cultural and social life is also vibrant within the community. The Performing Arts Center hosts concerts, plays, and lectures, while the Lodge and Resident Activities Center offer daily events, classes, and clubs. Country club dining and social gatherings further enrich the communal atmosphere that Timber Pines is known for. Featured Property: 8041 Green Pines Terrace One of the community’s standout properties is currently available for sale at 8041 Green Pines Terrace , a charming 2-bedroom, 2-bathroom villa offering over 1,800 square feet of well-designed living space. Built in 1994 and situated on a peaceful cul-de-sac, this home features vaulted ceilings, an open floor plan, and durable tile and laminate flooring throughout. It is designed for comfort, low maintenance, and easy entertaining. The property’s mature landscaping is maintained by the homeowners’ association, ensuring the surroundings remain pristine year-round. With spacious interiors, thoughtful design elements, and close proximity to Timber Pines’ extensive amenities, this home is ideally suited for buyers looking to enjoy an active and carefree lifestyle. To learn more or schedule a private showing, please visit the property listing here. Learn More About Timber Pines Timber Pines is more than just a neighborhood—it’s a vibrant, well-established community built for those ready to embrace the best years of their life. With its strong financial foundation, exceptional amenities, and tranquil natural setting, Timber Pines remains one of Florida’s most desirable 55+ communities. To explore homes currently available or to schedule a private tour of 8041 Green Pines Terrace, contact Fuller House Real Estate today. We’re here to help you find the perfect home and lifestyle that fit your next chapter. For more details about the community, visit the official Timber Pines website .

Unlocking Success: 10 Key Questions Home Sellers Must Ask Before Listing

By KerryAnn Rainey • November 20, 2023
Selling your home is a significant undertaking, and while the prospect of a new chapter is exciting, it comes with its fair share of questions. Whether you're a seasoned seller or a first-timer, having the right information is crucial for a successful home-selling journey. Let's delve into the 10 key questions that home sellers often ask when preparing to sell their cherished abode. 1. What is My Home Worth? Unlocking the mystery of your home's value is the first step in the selling process. Reach out to a real estate agent for a Comparative Market Analysis (CMA) to get a clear picture of your home's market value. This will guide you in setting a competitive and realistic listing price. 2. How Can I Boost Curb Appeal? First impressions matter, especially in real estate. Ask about ways to enhance your home's curb appeal. Simple landscaping, exterior repairs, and a fresh coat of paint can make a world of difference in attracting potential buyers. 3. To Renovate or Not to Renovate? The renovation dilemma is real. Consult with professionals to determine which repairs or renovations are worth the investment. Strategic improvements can add value and make your home more appealing to prospective buyers. 4. What Documents Do I Need? Paperwork is a necessary evil. Compile essential documents, such as property records, warranties, and utility bills, to streamline the selling process. Being organized from the start sets the stage for a smoother transaction. 5. How Can I Stage My Home Effectively? Staging transforms a house into a home. Seek advice on presenting your home in the best light. Decluttering, rearranging furniture, and creating a warm atmosphere can make a lasting impression on potential buyers. 6. When is the Best Time to Sell? Timing is everything in real estate. Understand the market trends, seasonal fluctuations, and local factors that can influence the timing of your listing. Knowing when to make your move can significantly impact your selling success. 7. How Do I Navigate Negotiations and Offers? Negotiating is an art. Arm yourself with knowledge on how to handle negotiations and evaluate offers. A seasoned real estate professional can guide you through the process, ensuring you make informed decisions. 8. What Costs Should I Expect? Selling comes with a price. Inquire about the various costs associated with selling your home, from agent commissions to closing costs and potential repairs. Knowing the financial landscape prepares you for a seamless transaction. 9. How Can I Market My Home Effectively? Marketing is the key to visibility. Explore the best strategies for marketing your property, including online listings, open houses, and social media promotion. A well-thought-out marketing plan can attract the right buyers to your doorstep. 10. What Happens During the Closing Process? Closing is the finish line. Understand the ins and outs of the closing process, from the necessary paperwork to what to expect on the final day. Having a clear roadmap to the closing table ensures a smooth transition from seller to the next proud homeowner. Selling your home involves careful consideration and strategic planning. By asking the 10 key questions outlined in this blog post, you empower yourself to make informed decisions, setting the stage for a successful home-selling experience. Whether you're bidding farewell to your first home or parting ways with an investment property, the right knowledge is your best ally in this exciting endeavor.  Ready to embark on your home-selling adventure? At Fuller House Real Estate, we're here to guide you every step of the way. Our experienced team is dedicated to making your selling journey seamless and successful. Contact us today to schedule a personalized consultation. Let's turn your home-selling dreams into a reality! Thank you for trusting Fuller House Real Estate with your home-selling journey. We look forward to assisting you in achieving your real estate goals. To contact Fuller House Real Estate, please call 727-470-9373 , or visit the website at FullerHouseRE.com .
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