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Clearwater Florida Median Home Price Stats - updated 06/30/09
Average Listing Price
$283,787 - Down $1,246 - / -0.4% w-o-w
Week ending June 24

Median Sale Price
$120,000 - Down $44,900 - / -27.2% y-o-y

The median sales price for homes in Clearwater FL was $120,000 down $44,900 or 27.2%.  There are 1288
Pre-Foreclosures and 367 Bank Owned Properties in the Clearwater market place as per RealtyTrac.com.

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Clearwater Florida Market History
Clearwater is a city located in Pinellas County, Florida, USA, nearly due west of Tampa and northwest of St.
Petersburg.

Present-day Clearwater was originally the home of the Tocobaga people. Around 1835, the United States Army
began construction of Fort Harrison as an outpost during the Seminole wars. The fort was located on a bluff
overlooking Clearwater Harbor in an area known today as Harbor Oaks. University of South Florida archeologists
excavated the site in 1977 after Alfred C. Wyllie discovered an underground ammunition bunker while digging a
swimming pool on his estate.

The area's population grew in 1842, because after the Federal Armed Occupation Act of 1842 offered 160 acres (0.65
km2) to anyone who would bear arms and cultivate the land. Early settlers included the Stevens, Stevenson and
McMullen families, who claimed and farmed large tracts of land. Prior to 1906, the area was known as Clear Water
Harbor. The name "Clear Water" is thought to have come from a fresh water spring flowing from near where the City
Hall building is located today. There were many other freshwater springs that dotted the bayfront, many in the bay
itself, which were the reason for the crystal clear water found there.