Is Clearlake, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Clearlake was a Seller's Market.
Housing Prices in Clearlake, CA
How much do homes in Clearlake, CA cost?
Median Sold Price
$225,950
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clearlake was $225,950 in May 2024, down 3.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $138.5K | $141.5K | +2.2% |
2 Bedrooms | $199.5K | $190K | -4.8% |
3 Bedrooms | $272.5K | $275K | +0.9% |
4 Bedrooms | $330K | $325K | -1.5% |
5+ Bedrooms | $373.5K | $325K | -13.0% |
Summary: Clearlake housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 13%.
Median Sold Price Compared To Nearby Cities
Lower Lake | $424.7K | $447.5K | +5.4% |
Clearlake Oaks | $275K | $280K | +1.8% |
Clearlake | $235K | $225.9K | -3.9% |
Housing Supply in Clearlake, CA
How many homes are available in Clearlake, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
89 | 103 | +15.7% |
Summary: The Clearlake real estate market had 103 homes for sale in May 2024, a 15.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 24 | 32 | +33.3% |
3 Bedrooms | 54 | 59 | +9.3% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Clearlake housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 14 | +16.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Clearlake in May 2024, up by 16.7% month-over-month. Of the 14 sold homes, 79% were sold under asking, 7% were sold at asking, and 14% were sold over asking.
Days on Market for Clearlake, CA
How long does it take to sell a home in Clearlake, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 103 Days | +194.1% |
Summary: Homes in Clearlake had an average of 103 days on market in May 2024, up by 194.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Clearlake; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.