Is Clermont, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clermont is a seller's market

Buyer's
Market

Difference Since May 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

$447,983

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$11,528(+2.6%)

Key Takeaway

Homes in Clermont have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Clermont was $447,983 in May 2024, up 2.6% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $116.5K$125K
+7.3%
2 $328.4K$339K
+3.2%
3 $400K$412.5K
+3.1%
4 $496K$485.5K
-2.1%
5+ $600K$616.9K
+2.8%

Summary: Clermont housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Cities

Minneola
+3.9%
Clermont
+2.6%
Groveland
+1.4%
Groveland-Mascotte
+1.4%

Housing Supply in Clermont, FL

How many homes are available in Clermont, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7637650.3%

Summary: The Clermont real estate market had 765 homes for sale in May 2024, a 0.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 61
-83.3%
2 10297
-4.9%
3 267285
+6.7%
4 270262
-3.0%
5+ 118120
+1.7%

Summary: The Clermont housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 83.3%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 1.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
174189+8.6%

Asking Price vs. Sold Price

93 Homes Were Sold
Under Asking

73 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clermont, you may be able to get a good deal. 49.2% of homes here sold below asking price last month.

Summary: A total of 189 homes were sold or pending in Clermont in May 2024, up by 8.6% month-over-month. Of the 189 sold homes, 49% were sold under asking, 39% 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

May 2023May 2024CHANGE
38 Days47 Days+20.7%

Summary: Homes in Clermont had an average of 47 days on market in May 2024, up by 20.7% compared to last year.

Breakdown of Home Sale Times

109 Homes Were Sold
Under 30 Days

51 Homes Were Sold
In 30 - 90 Days

29 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clermont are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 189 homes were sold in Clermont; 58% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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