Is Clearlake Riviera, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clearlake Riviera has remained a Buyer's Market.
Housing Prices in Clearlake Riviera, CA
How much do homes in Clearlake Riviera, CA cost?
Median Sold Price
$370,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clearlake Riviera was $370,000 in April 2024, down 0.8% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $245K | N/A |
2 Bedrooms | $350K | $340K | -2.9% |
3 Bedrooms | $375K | $375K | 0.0% |
4 Bedrooms | $410K | $429K | +4.6% |
5+ Bedrooms | $1.2M | $485K | -59.6% |
Summary: Clearlake Riviera housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 59.6%.
Median Sold Price Compared To Nearby Cities
Lower Lake | $399.5K | $472.5K | +18.3% |
Clearlake Riviera | $373K | $370K | -0.8% |
Clearlake Oaks | $275K | $267.5K | -2.7% |
Cobb | $325K | $315K | -3.1% |
Kelseyville | $390K | $367.5K | -5.8% |
Housing Supply in Clearlake Riviera, CA
How many homes are available in Clearlake Riviera, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 89 | +4.7% |
Summary: The Clearlake Riviera real estate market had 89 homes for sale in April 2024, a 4.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 17 | 16 | -5.9% |
3 Bedrooms | 44 | 52 | +18.2% |
4 Bedrooms | 19 | 17 | -10.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Clearlake Riviera housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 10 | -23.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Clearlake Riviera in April 2024, down by 23.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Clearlake Riviera, CA
How long does it take to sell a home in Clearlake Riviera, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 37 Days | +35.4% |
Summary: Homes in Clearlake Riviera had an average of 37 days on market in Apr 2024, up by 35.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Clearlake Riviera; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.