$3,432 Closing Credit*
$289,000
1,230 SqFt
3 Beds
•1 Full Bath
August Schmitt, Listing Office: August Schmitt Realty Solutions
Is Clearlake Oaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Clearlake Oaks was a Seller's Market.
Key Takeaway
Clearlake Oaks is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clearlake Oaks, CA
How much do homes in Clearlake Oaks, CA cost?
Median Sold Price
$262,500
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$23,208(-8.1%)
Key Takeaway
Homes in Clearlake Oaks have sold for 8.1% less than they did a year ago.
Summary: The median home sold price in Clearlake Oaks was $262,500 in September 2024, down 8.1% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $164.2K | +6.0% |
| 2 Bedrooms | $213.7K | $250K | +17.0% |
| 3 Bedrooms | $338K | $340K | +0.6% |
| 4 Bedrooms | $300K | $369K | +23.0% |
| 5+ Bedrooms | $185K | $420K | +127.0% |
Summary: Clearlake Oaks housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 23%, and 5+ bedroom homes increased by 127%.
Median Sold Price Compared To Nearby Cities
| Clearlake | $225K | $245K | +8.9% |
| Lucerne | $260K | $255K | -1.9% |
| Lucerne-Clearlake Oaks | $277.5K | $265K | -4.5% |
| Clearlake Oaks | $285.7K | $262.5K | -8.1% |
Housing Supply in Clearlake Oaks, CA
How many homes are available in Clearlake Oaks, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 50 | 54 | +8.0% |
Summary: The Clearlake Oaks real estate market had 54 homes for sale in September 2024, a 8.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 19 | 19 | 0.0% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Clearlake Oaks housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clearlake Oaks, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Clearlake Oaks in September 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 48 Days | 45 Days | -5.5% |
Summary: Homes in Clearlake Oaks had an average of 45 days on market in Sep 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Clearlake Oaks are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Clearlake Oaks; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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