Is Clearlake, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$226,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Clearlake was $226,500 in March 2024, down 3.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136K | $135K | -0.7% |
2 Bedrooms | $205.4K | $185K | -10.0% |
3 Bedrooms | $270K | $275K | +1.9% |
4 Bedrooms | $295K | $355K | +20.3% |
5+ Bedrooms | $575K | $349.2K | -39.3% |
Summary: Clearlake housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes decreased by 39.3%.
Median Sold Price Compared To Nearby Cities
Lower Lake | $409K | $510K | +24.7% |
Clearlake | $235K | $226.5K | -3.6% |
Housing Supply in Clearlake, CA
How many homes are available in Clearlake, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
86 | 101 | +17.4% |
Summary: The Clearlake real estate market had 101 homes for sale in March 2024, a 17.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 32 | 33 | +3.1% |
3 Bedrooms | 42 | 54 | +28.6% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Clearlake housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Clearlake in March 2024, up by 40.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
98 Days | 115 Days | +18.1% |
Summary: Homes in Clearlake had an average of 115 days on market in Mar 2024, up by 18.1% 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 March 2024, 14 homes were sold in Clearlake; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.