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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Claremont is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

+$16,666(+1.8%)

Key Takeaway

Homes in Claremont have sold for 1.8% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $809.5K$417.3K
-48.4%
2 $532.5K$600K
+12.7%
3 $825.7K$837.5K
+1.4%
4 $1.1M$1.0M
-4.3%
5+ $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
+5.0%
East San Gabriel Valley
+4.9%
Upland
+4.8%
Montclair
+3.2%
Claremont
+1.8%

Housing Supply in Claremont, CA

How many homes are available in Claremont, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
9785-12.4%

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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1214
+16.7%
3 4233
-21.4%
4 2822
-21.4%
5+ 1516
+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 2024May 2024CHANGE
3122-29.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Claremont, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

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 2023May 2024CHANGE
32 Days14 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 18 Days Ago

Newest Listings in Claremont, CA

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