Is Clearlake, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Clearlake was a Seller's Market.
Housing Prices in Clearlake, CA
How much do homes in Clearlake, CA cost?
Median Sold Price
$233,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Clearlake was $233,000 in June 2024, down 4.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130.5K | $141.5K | +8.4% |
2 Bedrooms | $199K | $194.5K | -2.3% |
3 Bedrooms | $285K | $275K | -3.5% |
4 Bedrooms | $350K | $315K | -10.0% |
5+ Bedrooms | $373.5K | $325K | -13.0% |
Summary: Clearlake housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 13%.
Median Sold Price Compared To Nearby Cities
Clearlake Oaks | $275K | $280K | +1.8% |
Lower Lake | $436.5K | $435K | -0.3% |
Clearlake | $245K | $233K | -4.9% |
Housing Supply in Clearlake, CA
How many homes are available in Clearlake, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
92 | 97 | +5.4% |
Summary: The Clearlake real estate market had 97 homes for sale in June 2024, a 5.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 25 | 33 | +32.0% |
3 Bedrooms | 57 | 51 | -10.5% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Clearlake 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 increased by 32%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
15 | 16 | +6.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Clearlake in June 2024, up by 6.7% month-over-month. Of the 16 sold homes, 69% were sold under asking, 6% were sold at asking, and 25% were sold over asking.
Days on Market for Clearlake, CA
How long does it take to sell a home in Clearlake, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
56 Days | 60 Days | +8.1% |
Summary: Homes in Clearlake had an average of 60 days on market in Jun 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 16 homes were sold in Clearlake; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.