Is Clearlake Oaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Clearlake Oaks was a Seller's Market.
Housing Prices in Clearlake Oaks, CA
How much do homes in Clearlake Oaks, CA cost?
Median Sold Price
$267,500
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clearlake Oaks was $267,500 in April 2024, down 2.7% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $155K | -13.9% |
2 Bedrooms | $229.1K | $240K | +4.8% |
3 Bedrooms | $326K | $340K | +4.3% |
4 Bedrooms | $262.5K | $325K | +23.8% |
5+ Bedrooms | - | $185K | N/A |
Summary: Clearlake Oaks housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.9%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lucerne-Clearlake Oaks | $265K | $270K | +1.9% |
Clearlake Oaks | $275K | $267.5K | -2.7% |
Clearlake | $235K | $228.5K | -2.7% |
Housing Supply in Clearlake Oaks, CA
How many homes are available in Clearlake Oaks, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 50 | +35.1% |
Summary: The Clearlake Oaks real estate market had 50 homes for sale in April 2024, a 35.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 18 | 21 | +16.7% |
3 Bedrooms | 12 | 19 | +58.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Clearlake Oaks housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 58.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Clearlake Oaks in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Clearlake Oaks, CA
How long does it take to sell a home in Clearlake Oaks, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 91 Days | +48.5% |
Summary: Homes in Clearlake Oaks had an average of 91 days on market in Apr 2024, up by 48.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Clearlake Oaks; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.