Is Claremont, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Claremont is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Claremont has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Claremont, CA

How much do homes in Claremont, CA cost?

Median Sold Price

$992,372

$498/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$97,705(+10.9%)

Key Takeaway

Homes in Claremont have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Claremont was $992,372 in November 2024, up 10.9% from last year, and the median price per square foot was $498.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $703.1K-
N/A
2 $586K$635K
+8.4%
3 $818K$874.9K
+7.0%
4 $1.0M$1.1M
+3.3%
5+ $1.4M$1.6M
+13.8%

Summary: Claremont housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 13.8%.

Median Sold Price Compared To Nearby Cities

Claremont
+10.9%
Pomona
+8.7%
East San Gabriel Valley
+7.7%
Montclair
+7.2%
Upland
+3.5%

Housing Supply in Claremont, CA

How many homes are available in Claremont, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7665-14.5%

Summary: The Claremont real estate market had 65 homes for sale in November 2024, a 14.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 2626
0.0%
4 2821
-25.0%
5+ 1211
-8.3%

Summary: The Claremont housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2616-38.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Claremont, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Claremont in November 2024, down by 38.5% month-over-month. Of the 16 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% were sold over asking.

Days on Market for Claremont, CA

How long does it take to sell a home in Claremont, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days38 Days+79.9%

Summary: Homes in Claremont had an average of 38 days on market in Nov 2024, up by 79.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 16 homes were sold in Claremont; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

Newest Listings in Claremont, CA

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