Is Clearlake Riviera, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clearlake Riviera has remained a Buyer's Market.
Key Takeaway
Clearlake Riviera is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Clearlake Riviera, CA
How much do homes in Clearlake Riviera, CA cost?
Median Sold Price
$370,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Clearlake Riviera have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Clearlake Riviera was $370,000 in April 2024, down 0.8% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $245K | N/A |
| 2 Bedrooms | $350K | $340K | -2.9% |
| 3 Bedrooms | $375K | $375K | 0.0% |
| 4 Bedrooms | $410K | $429K | +4.6% |
| 5+ Bedrooms | $1.2M | $485K | -59.6% |
Summary: Clearlake Riviera housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 59.6%.
Median Sold Price Compared To Nearby Cities
| Lower Lake | $399.5K | $472.5K | +18.3% |
| Clearlake Riviera | $373K | $370K | -0.8% |
| Clearlake Oaks | $275K | $267.5K | -2.7% |
| Cobb | $325K | $315K | -3.1% |
| Kelseyville | $390K | $367.5K | -5.8% |
Housing Supply in Clearlake Riviera, CA
How many homes are available in Clearlake Riviera, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 85 | 89 | +4.7% |
Summary: The Clearlake Riviera real estate market had 89 homes for sale in April 2024, a 4.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 44 | 52 | +18.2% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Clearlake Riviera housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clearlake Riviera, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Clearlake Riviera in April 2024, down by 23.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Clearlake Riviera, CA
How long does it take to sell a home in Clearlake Riviera, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 37 Days | +35.4% |
Summary: Homes in Clearlake Riviera had an average of 37 days on market in Apr 2024, up by 35.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clearlake Riviera are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Clearlake Riviera; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% 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. 
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