Is San Clemente, 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, San Clemente has remained a Seller's Market.
Housing Prices in San Clemente, CA
How much do homes in San Clemente, CA cost?
Median Sold Price
$1,650,000
$708/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in San Clemente was $1,650,000 in May 2024, up 6.6% from last year, and the median price per square foot was $708.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $600K | $490K | -18.3% |
2 Bedrooms | $997.4K | $990K | -0.8% |
3 Bedrooms | $1.3M | $1.4M | +8.8% |
4 Bedrooms | $1.6M | $1.8M | +9.1% |
5+ Bedrooms | $2.1M | $2.1M | +2.8% |
Summary: San Clemente housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
San Juan Capistrano | $1.2M | $1.3M | +9.3% |
Dana Point | $1.5M | $1.6M | +8.4% |
San Clemente | $1.5M | $1.6M | +6.6% |
San Clemente | $1.5M | $1.6M | +6.6% |
Capistrano Beach | $1.7M | $1.5M | -7.4% |
Housing Supply in San Clemente, CA
How many homes are available in San Clemente, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
218 | 229 | +5.0% |
Summary: The San Clemente real estate market had 229 homes for sale in May 2024, a 5.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 37 | 39 | +5.4% |
3 Bedrooms | 53 | 62 | +17.0% |
4 Bedrooms | 62 | 66 | +6.5% |
5+ Bedrooms | 62 | 58 | -6.5% |
Summary: The San Clemente 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 5.4%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 6.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 56 | -3.4% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in San Clemente in May 2024, down by 3.4% month-over-month. Of the 56 sold homes, 48% were sold under asking, 23% were sold at asking, and 29% were sold over asking.
Days on Market for San Clemente, CA
How long does it take to sell a home in San Clemente, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 22 Days | -5.7% |
Summary: Homes in San Clemente had an average of 22 days on market in May 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 56 homes were sold in San Clemente; 73% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.