Is San Clemente, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, San Clemente has remained a Seller's Market.
Housing Prices in San Clemente, CA
How much do homes in San Clemente, CA cost?
Median Sold Price
$1,639,166
$699/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in San Clemente was $1,639,166 in March 2024, up 4.6% from last year, and the median price per square foot was $699.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $481.7K | $512.5K | +6.4% |
2 Bedrooms | $985K | $1.0M | +2.6% |
3 Bedrooms | $1.3M | $1.4M | +9.4% |
4 Bedrooms | $1.7M | $1.7M | +0.7% |
5+ Bedrooms | $2.1M | $2.0M | -4.2% |
Summary: San Clemente housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Cities
San Clemente | $1.5M | $1.6M | +4.6% |
San Clemente | $1.5M | $1.6M | +4.6% |
Dana Point | $1.5M | $1.5M | +4.6% |
San Juan Capistrano | $1.2M | $1.2M | +3.8% |
Capistrano Beach | $1.7M | $1.5M | -8.7% |
Housing Supply in San Clemente, CA
How many homes are available in San Clemente, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
175 | 193 | +10.3% |
Summary: The San Clemente real estate market had 193 homes for sale in March 2024, a 10.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 30 | 33 | +10.0% |
3 Bedrooms | 49 | 44 | -10.2% |
4 Bedrooms | 48 | 57 | +18.8% |
5+ Bedrooms | 45 | 55 | +22.2% |
Summary: The San Clemente housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 54 | +25.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in San Clemente in March 2024, up by 25.6% month-over-month. Of the 54 sold homes, 46% were sold under asking, 17% were sold at asking, and 37% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 27 Days | -42.5% |
Summary: Homes in San Clemente had an average of 27 days on market in Mar 2024, down by 42.5% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 54 homes were sold in San Clemente; 76% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.