Is San Clemente, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Clemente is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in San Clemente, CA

How much do homes in San Clemente, CA cost?

Median Sold Price

$1,660,000

$720/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$108,200(+7.0%)

Key Takeaway

Homes in San Clemente have sold for 7% more than they did a year ago.

Summary: The median home sold price in San Clemente was $1,660,000 in June 2024, up 7% from last year, and the median price per square foot was $720.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $600K$490K
-18.3%
2 $995K$995K
0.0%
3 $1.3M$1.4M
+8.5%
4 $1.6M$1.8M
+8.2%
5+ $2.0M$2.2M
+9.8%

Summary: San Clemente housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

San Clemente
+7.2%
San Clemente
+7.0%
San Juan Capistrano
+6.3%
Dana Point
+3.1%
Capistrano Beach
-8.8%

Housing Supply in San Clemente, CA

How many homes are available in San Clemente, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
228249+9.2%

Summary: The San Clemente real estate market had 249 homes for sale in June 2024, a 9.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 43
-25.0%
2 3429
-14.7%
3 6571
+9.2%
4 6879
+16.2%
5+ 5767
+17.5%

Summary: The San Clemente housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 17.5%.

Number of Homes Sold

May 2024Jun 2024CHANGE
5855-5.2%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Clemente, you may be able to get a good deal. 43.6% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in San Clemente in June 2024, down by 5.2% month-over-month. Of the 55 sold homes, 44% were sold under asking, 20% were sold at asking, and 36% were sold over asking.

Days on Market for San Clemente, CA

How long does it take to sell a home in San Clemente, CA?

Average Sale Time

Jun 2023Jun 2024CHANGE
25 Days21 Days-17.3%

Summary: Homes in San Clemente had an average of 21 days on market in Jun 2024, down by 17.3% compared to last year.

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 55 homes were sold in San Clemente; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% 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 23 Days Ago

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