The Clearwater real estate market is located in the city of Clearwater in Pinellas County Florida. Clearwater is due west of Tampa, and is northwest of St. Petersburg. It appears that the Clearwater real estate as declined slightly over the last decade, but not enough to have a significant effect on the demand for Clearwater real estate availability.
Clearwater real estate values are bolstered by the fact that the city serves as the county seat for Pinellas County. The Clearwater real estate market is aided by the fact that Clearwater is normally included in part of Florida known as the Tampa Bay Area. However, of Tampa, St. Petersburg, and Clearwater, the Clearwater real estate market is significantly smaller than the other three primary cities.
One concern facing the Clearwater real estate market is accusations that the Church of Scientology has become actively involved in speculation efforts in the Clearwater real estate market. The Church of Scientology has developed some of the Clearwater real estate purchases to develop a prominent land holding that has been put together through the purchase of Clearwater real estate, such as the former Fort Harrison Hotel, a Clearwater real estate purchase that it has turned into "Flag Land Base."