Yes and No, Home prices increased almost 15% in Clearwater in 2013 .
Home values are slowly rising and inventory is still low
There are still some great opportunities but there are also a lot of over priced properties on the market trying to take advantage of a low inventory market to score a top dollar sale.
As a mid or long term investment you will very likely make a good investment if you buy it now. If you are considering buying a condo now as a short term investment I would advise you to be extremely cautious.
I am with Century 21 Coast to Coast / Clearwater/Sand Key, and I would be glad to assist you.
Century 21 Coast to Coast