Is Clairemont, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clairemont is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Clairemont has remained a Seller's Market.

Key Takeaway

Clairemont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clairemont, CA

How much do homes in Clairemont, CA cost?

Median Sold Price

$1,007,500

$718/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$78,750(+8.5%)

Key Takeaway

Homes in Clairemont have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Clairemont was $1,007,500 in April 2024, up 8.5% from last year, and the median price per square foot was $718.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $398K$435K
+9.3%
2 $522.5K$579K
+10.8%
3 $911.5K$1.0M
+10.8%
4 $1.0M$1.1M
+3.2%
5+ $1.1M$1.3M
+17.4%

Summary: Clairemont housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 17.4%.

Median Sold Price Compared To Nearby Neighborhoods

Clairemont Mesa West
+12.0%
Clairemont Mesa East
+9.2%
Clairemont
+8.5%
North Clairemont
+5.1%
Bay Ho
+3.4%

Housing Supply in Clairemont, CA

How many homes are available in Clairemont, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7177+8.5%

Summary: The Clairemont real estate market had 77 homes for sale in April 2024, a 8.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 34
+33.3%
2 811
+37.5%
3 3536
+2.9%
4 2122
+4.8%
5+ 44
0.0%

Summary: The Clairemont housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3429-14.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clairemont, you could pay more than the asking price. 62.1% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Clairemont in April 2024, down by 14.7% month-over-month. Of the 29 sold homes, 28% were sold under asking, 10% were sold at asking, and 62% were sold over asking.

Days on Market for Clairemont, CA

How long does it take to sell a home in Clairemont, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days10 Days-40.6%

Summary: Homes in Clairemont had an average of 10 days on market in Apr 2024, down by 40.6% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clairemont are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 29 homes were sold in Clairemont; 97% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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