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 September 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

$1,714,850

$727/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$164,808(+10.6%)

Key Takeaway

Homes in San Clemente have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in San Clemente was $1,714,850 in September 2024, up 10.6% from last year, and the median price per square foot was $727.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $515K$485K
-5.8%
2 $1.0M$955K
-13.1%
3 $1.3M$1.5M
+15.6%
4 $1.6M$1.8M
+10.1%
5+ $1.9M$2.3M
+16.1%

Summary: San Clemente housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 16.1%.

Median Sold Price Compared To Nearby Cities

San Juan Capistrano
+11.3%
San Clemente
+10.6%
San Clemente
+10.5%
Dana Point
+5.4%
Capistrano Beach
+3.6%

Housing Supply in San Clemente, CA

How many homes are available in San Clemente, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
228222-2.6%

Summary: The San Clemente real estate market had 222 homes for sale in September 2024, a 2.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 23
+50.0%
2 4035
-12.5%
3 6765
-3.0%
4 6772
+7.5%
5+ 5247
-9.6%

Summary: The San Clemente housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 9.6%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
5456+3.7%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

13 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. 58.9% of homes here sold below asking price last month.

Summary: A total of 56 homes were sold or pending in San Clemente in September 2024, up by 3.7% month-over-month. Of the 56 sold homes, 59% were sold under asking, 18% were sold at asking, and 23% 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

Sep 2023Sep 2024CHANGE
20 Days34 Days+66.6%

Summary: Homes in San Clemente had an average of 34 days on market in Sep 2024, up by 66.6% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

7 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 September 2024, 56 homes were sold in San Clemente; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 13% 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 Sep 1, 2024

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