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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Claremont Hills is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Claremont Hills, CA

How much do homes in Claremont Hills, CA cost?

Median Sold Price

$1,575,000

$596/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$225,000(+16.7%)

Key Takeaway

Homes in Claremont Hills have sold for 16.7% more than they did a year ago.

Summary: The median home sold price in Claremont Hills was $1,575,000 in September 2024, up 16.7% from last year, and the median price per square foot was $596.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $505K$425K
-15.8%
2 $685K$600K
-12.4%
3 $1.7M$1.7M
-2.9%
4 $1.7M$1.9M
+8.6%
5+ $2.3M$3.2M
+34.7%

Summary: Claremont Hills housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 34.7%.

Median Sold Price Compared To Nearby Neighborhoods

Claremont Hills
+16.7%
Merriwood
-16.5%

Housing Supply in Claremont Hills, CA

How many homes are available in Claremont Hills, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2220-9.1%

Summary: The Claremont Hills real estate market had 20 homes for sale in September 2024, a 9.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 44
0.0%
2 65
-16.7%
3 45
+25.0%
4 64
-33.3%
5+ 22
0.0%

Summary: The Claremont Hills 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 decreased by 16.7%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Claremont Hills, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Claremont Hills in September 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Claremont Hills, CA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
43 Days44 Days+1.9%

Summary: Homes in Claremont Hills had an average of 44 days on market in Sep 2024, up by 1.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Claremont Hills has remained consistent over time.

Summary: During September 2024, 6 homes were sold in Claremont Hills; 33% of homes were sold within 30 days, 67% 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 26 Days Ago

Newest Listings in Claremont Hills, CA

Nearby Markets to Claremont Hills, CA