Is San Clemente, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
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
$1,600,000
$679/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in San Clemente have sold for 3% more than they did a year ago.
Summary: The median home sold price in San Clemente was $1,600,000 in November 2023, up 3% from last year, and the median price per square foot was $679.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $481.7K | $515K | +6.9% |
| 2 Bedrooms | $972.5K | $1.0M | +7.0% |
| 3 Bedrooms | $1.3M | $1.3M | +1.8% |
| 4 Bedrooms | $1.7M | $1.7M | +0.9% |
| 5+ Bedrooms | $2.2M | $2.0M | -8.2% |
Summary: San Clemente housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 8.2%.
Median Sold Price Compared To Nearby Cities
| Dana Point | $1.5M | $1.5M | +5.8% |
| San Clemente | $1.5M | $1.6M | +3.0% |
| San Clemente | $1.5M | $1.5M | +3.0% |
| San Juan Capistrano | $1.3M | $1.2M | -2.8% |
| Capistrano Beach | $1.8M | $1.5M | -12.5% |
Housing Supply in San Clemente, CA
How many homes are available in San Clemente, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 157 | 168 | +7.0% |
Summary: The San Clemente real estate market had 168 homes for sale in November 2023, a 7.0% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 25 | 29 | +16.0% |
| 3 Bedrooms | 36 | 44 | +22.2% |
| 4 Bedrooms | 56 | 58 | +3.6% |
| 5+ Bedrooms | 39 | 37 | -5.1% |
Summary: The San Clemente housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 5.1%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 39 | 30 | -23.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Clemente, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in San Clemente in November 2023, down by 23.1% month-over-month. Of the 30 sold homes, 53% were sold under asking, 13% were sold at asking, and 33% 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
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 39 Days | 42 Days | +5.9% |
Summary: Homes in San Clemente had an average of 42 days on market in Nov 2023, up by 5.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in San Clemente are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 30 homes were sold in San Clemente; 60% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 17% 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.