Clearwater has 3 luxury pockets where the median closing is $1M or more: 5 closed sales in the last 6 months at a median $1.42M and $472 per square foot, with 9 on the market today. Trading 56% below the Pinellas County luxury $/sf in Wedgewood Estates, Clearwater.
Closed sales in Wedgewood Estates (Clearwater) run $246/sf against a $564/sf benchmark for luxury single-family in Pinellas County. That gap is either a condition and finish story — which renovation capital closes — or a location the market prices differently on purpose. Which one it is decides whether this is an opportunity or a trap, and it is not answerable from a spreadsheet.
7 condos are for sale in Marina Bay 880 Condo (Clearwater) against 1 closings in 6 months. At that absorption rate a listing added today waits behind the queue. For a buyer that is leverage; for a seller it is the single most important number on this page.
| Median | $/sf | Sales | For sale | Months | |
|---|---|---|---|---|---|
| Wedgewood Estates Single-family · Trading 56% below the Pinellas County luxury $/sf |
$1.42M | $246 | 3 | ≤1 | — |
| Marina Bay 880 Condo Condo · About 41.4 months of luxury inventory — buyers set the pace |
$1.9M | $657 | 1 | 7 | 41.4 |
| Moorings Twnhms Townhouse |
$1.07M | $472 | 1 | 2 | 11.8 |
Pockets without a link had fewer than three closed sales in the window — too thin for a reliable benchmark, which is worth knowing in itself. Ask me directly about those.
of $1M+ homes listed January 2024 to October 2025 didn’t sell within a year, counting private sales.
of the first price: an offer in the first 30 days, then after.
of homes in flood zone AE vs zone X didn’t sell within a year (listed since 2024).
was the typical break-even building budget on 341 lots and teardowns that became $1M+ homes since 2024.
These pages carry market statistics, not a valuation. Tell me the property or the plan and I will put the analysis together myself.