Is Clermont, FL 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, Clermont has remained a Seller's Market.
Key Takeaway
Clermont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clermont, FL
How much do homes in Clermont, FL cost?
Median Sold Price
$449,999
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clermont have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Clermont was $449,999 in March 2024, up 5.9% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94.2K | $120K | +27.3% |
| 2 Bedrooms | $329.8K | $335K | +1.5% |
| 3 Bedrooms | $400K | $410.6K | +2.7% |
| 4 Bedrooms | $495K | $489.4K | -1.1% |
| 5+ Bedrooms | $580K | $624K | +7.6% |
Summary: Clermont housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Cities
| Clermont | $425K | $449.9K | +5.9% |
| Minneola | $424.9K | $439.9K | +3.5% |
| Groveland | $379.9K | $385.9K | +1.6% |
| Groveland-Mascotte | $375K | $380.1K | +1.4% |
Housing Supply in Clermont, FL
How many homes are available in Clermont, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 660 | 673 | +2.0% |
Summary: The Clermont real estate market had 673 homes for sale in March 2024, a 2.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 11 | -8.3% |
| 2 Bedrooms | 93 | 100 | +7.5% |
| 3 Bedrooms | 234 | 233 | -0.4% |
| 4 Bedrooms | 234 | 233 | -0.4% |
| 5+ Bedrooms | 87 | 96 | +10.3% |
Summary: The Clermont housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 125 | 142 | +13.6% |
Asking Price vs. Sold Price
87 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clermont, you may be able to get a good deal. 61.3% of homes here sold below asking price last month.
Summary: A total of 142 homes were sold or pending in Clermont in March 2024, up by 13.6% month-over-month. Of the 142 sold homes, 61% were sold under asking, 27% were sold at asking, and 12% were sold over asking.
Days on Market for Clermont, FL
How long does it take to sell a home in Clermont, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 54 Days | +35.3% |
Summary: Homes in Clermont had an average of 54 days on market in Mar 2024, up by 35.3% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clermont are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 142 homes were sold in Clermont; 54% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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