Is Lucerne-Clearlake Oaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lucerne-Clearlake Oaks was a Seller's Market.
Housing Prices in Lucerne-Clearlake Oaks, CA
How much do homes in Lucerne-Clearlake Oaks, CA cost?
Median Sold Price
$270,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lucerne-Clearlake Oaks was $270,000 in April 2024, up 1.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $181K | +13.1% |
2 Bedrooms | $230K | $233K | +1.3% |
3 Bedrooms | $316K | $334K | +5.7% |
4 Bedrooms | $300K | $325K | +8.3% |
5+ Bedrooms | - | $185K | N/A |
Summary: Lucerne-Clearlake Oaks housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lucerne-Clearlake Oaks | $265K | $270K | +1.9% |
Clearlake Oaks | $275K | $267.5K | -2.7% |
Housing Supply in Lucerne-Clearlake Oaks, CA
How many homes are available in Lucerne-Clearlake Oaks, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 81 | +19.1% |
Summary: The Lucerne-Clearlake Oaks real estate market had 81 homes for sale in April 2024, a 19.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 11 | +22.2% |
2 Bedrooms | 28 | 31 | +10.7% |
3 Bedrooms | 20 | 26 | +30.0% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Lucerne-Clearlake Oaks housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Lucerne-Clearlake Oaks in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Lucerne-Clearlake Oaks, CA
How long does it take to sell a home in Lucerne-Clearlake Oaks, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 78 Days | +36.4% |
Summary: Homes in Lucerne-Clearlake Oaks had an average of 78 days on market in Apr 2024, up by 36.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Lucerne-Clearlake Oaks; 22% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.