Is Claremont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Claremont has remained a Seller's Market.
Housing Prices in Claremont, CA
How much do homes in Claremont, CA cost?
Median Sold Price
$923,333
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Claremont was $923,333 in May 2024, up 1.8% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $809.5K | $417.3K | -48.4% |
2 Bedrooms | $532.5K | $600K | +12.7% |
3 Bedrooms | $825.7K | $837.5K | +1.4% |
4 Bedrooms | $1.1M | $1.0M | -4.3% |
5+ Bedrooms | $1.3M | $1.6M | +22.9% |
Summary: Claremont housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.4%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 22.9%.
Median Sold Price Compared To Nearby Cities
Pomona | $614.2K | $645K | +5.0% |
East San Gabriel Valley | $743.2K | $779.7K | +4.9% |
Upland | $750K | $785.7K | +4.8% |
Montclair | $620K | $640K | +3.2% |
Claremont | $906.6K | $923.3K | +1.8% |
Housing Supply in Claremont, CA
How many homes are available in Claremont, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
97 | 85 | -12.4% |
Summary: The Claremont real estate market had 85 homes for sale in May 2024, a 12.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 42 | 33 | -21.4% |
4 Bedrooms | 28 | 22 | -21.4% |
5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Claremont housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 22 | -29.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Claremont in May 2024, down by 29.0% month-over-month. Of the 22 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.
Days on Market for Claremont, CA
How long does it take to sell a home in Claremont, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 14 Days | -55.6% |
Summary: Homes in Claremont had an average of 14 days on market in May 2024, down by 55.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 22 homes were sold in Claremont; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.