Is Clairemont Mesa West, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clairemont Mesa West is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Clairemont Mesa West has remained a Seller's Market.

Key Takeaway

Clairemont Mesa West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clairemont Mesa West, CA

How much do homes in Clairemont Mesa West, CA cost?

Median Sold Price

$1,132,500

$740/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$132,500(+13.3%)

Key Takeaway

Homes in Clairemont Mesa West have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Clairemont Mesa West was $1,132,500 in September 2024, up 13.3% from last year, and the median price per square foot was $740.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $755K$760K
+0.7%
3 $956.2K$1.0M
+13.5%
4 $1.1M$1.2M
+4.8%
5+ $1.3M$1.4M
+3.7%

Summary: Clairemont Mesa West housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 3.7%.

Median Sold Price Compared To Nearby Neighborhoods

North Clairemont
+14.3%
Clairemont Mesa West
+13.3%
Clairemont Mesa East
+12.9%
Clairemont
+12.8%
Bay Park
+11.0%

Housing Supply in Clairemont Mesa West, CA

How many homes are available in Clairemont Mesa West, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3125-19.4%

Summary: The Clairemont Mesa West real estate market had 25 homes for sale in September 2024, a 19.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2017
-15.0%
4 73
-57.1%
5+ 23
+50.0%

Summary: The Clairemont Mesa West housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
127-41.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clairemont Mesa West, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Clairemont Mesa West in September 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Clairemont Mesa West, CA

How long does it take to sell a home in Clairemont Mesa West, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
14 Days21 Days+52.0%

Summary: Homes in Clairemont Mesa West had an average of 21 days on market in Sep 2024, up by 52% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 7 homes were sold in Clairemont Mesa West; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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