Overview of Mandalay Beach Club Condo Sales YTD Sept 2016
There have been 7 condos sold so far this year in the popular Mandalay Beach Club on Clearwater Beach Fl . The average price was almost $1.2 million and the average days on market was just 126 days. This compares to an average condo price of about $500,000 for all of Clearwater Beach (Zip Code 33767).
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YTD Condo Price Trends in Mandalay Beach Club
Condo sales prices in Mandalay Beach Club have generally been on the rise since hitting a low in 2009. The $1.2 million average for sales so far this year, compares to a $1.5 million average last year. We believe this is a result of size and configuration of the condos sold rather than an overall downward trend in buyer demand or pricing. Last year, a third of the condos sold were large 4 bedroom units, while this year all of the sales are smaller 2 and 3 bedroom units. The average size was almost 2,500 sq ft while this year the average size is just under 1,900 sq ft. So, the price per sq ft is actually 7% higher this year than in 2015.
Mandalay Beach Club Price Trends (Blue) and Number of Sales (Green)
Days on Market
With lower condo inventory on the beaches, and strong buyer demand, the days on market has fallen dramatically since reaching almost a year in 2012. The continuous 126 continuous days on market to get a condo sold in Mandalay Beach Club is actually less than the 139 days for the overall Clearwater Beach area.
Continuous Days on Market for Mandalay Beach Club Sales YTD
Sales In Mandalay Beach Club Clearwater Beach
The highest sale so far this year was a 2,000 sq ft 12th floor unit in the San Marco building. This 01 unit provides unobstructed views of the Gulf of Mexico, Pier 60 and year round sunsets.
| Address | Sq Ft | Bedrooms | Baths | Sale Price |
| 11 SAN MARCO ST #1201 | 2,000 | 3 | 3 | $1,362,500 |
| 10 PAPAYA ST #1102 | 2,000 | 3 | 2.5 | $1,350,000 |
| 11 SAN MARCO ST #1202 | 2,000 | 3 | 2.5 | $1,325,000 |
| 10 PAPAYA ST #1001 | 2,000 | 3 | 2.5 | $1,300,000 |
| 10 PAPAYA ST #702 | 2,000 | 3 | 2.5 | $1,260,000 |
| 11 SAN MARCO ST #905 | 1,460 | 2 | 2 | $907,500 |
| 11 SAN MARCO ST #303 | 1,600 | 3 | 2 | $790,000 |
Contact a Rich & Cindy Team Clearwater Beach Expert at 727-513-8075
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Mandalay Beach Club has always been a very popular condo community in Clearwater Beach due to its great location, modern design and amenities, and spectacular beach and Gulf views. If you are interested in buying or selling a condo in Mandalay Beach Club, please give us a call at 727-513-8075 or use our handy contact form.
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