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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clairemont Mesa West is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Clairemont Mesa West, CA

How much do homes in Clairemont Mesa West, CA cost?

Median Sold Price

$1,137,500

$754/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$147,500(+14.9%)

Key Takeaway

Homes in Clairemont Mesa West have sold for 14.9% more than they did a year ago.

Summary: The median home sold price in Clairemont Mesa West was $1,137,500 in June 2024, up 14.9% from last year, and the median price per square foot was $754.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $764K$765K
0.1%
3 $910K$1.1M
+21.2%
4 $1.1M$1.2M
+8.9%
5+ $1.2M$1.3M
+7.1%

Summary: Clairemont Mesa West housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Neighborhoods

Clairemont Mesa East
+15.9%
Clairemont Mesa West
+14.9%
Clairemont
+14.8%
North Clairemont
+10.1%
Bay Park
+3.8%

Housing Supply in Clairemont Mesa West, CA

How many homes are available in Clairemont Mesa West, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
2322-4.3%

Summary: The Clairemont Mesa West real estate market had 22 homes for sale in June 2024, a 4.3% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 30
-100.0%
3 1015
+50.0%
4 75
-28.6%
5+ 32
-33.3%

Summary: The Clairemont Mesa West housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
136-53.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clairemont Mesa West, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Clairemont Mesa West in June 2024, down by 53.8% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Clairemont Mesa West, CA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
7 Days7 Days+2.6%

Summary: Homes in Clairemont Mesa West had an average of 7 days on market in Jun 2024, up by 2.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 6 homes were sold in Clairemont Mesa West; 100% of homes were sold within 30 days, 0% 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 26 Days Ago

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