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 neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Claremont Hills was a Buyer's Market.

Key Takeaway

Claremont Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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 October 2023

+$275,000(+21.2%)

Key Takeaway

Homes in Claremont Hills have sold for 21.2% more than they did a year ago.

Summary: The median home sold price in Claremont Hills was $1,575,000 in October 2024, up 21.2% from last year, and the median price per square foot was $596.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $505K$425K
-15.8%
2 $682.5K$606.2K
-11.2%
3 $1.8M$1.7M
-5.7%
4 $1.7M$1.9M
+8.6%
5+ $2.3M$3.2M
+34.7%

Summary: Claremont Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 34.7%.

Median Sold Price Compared To Nearby Neighborhoods

Claremont Hills
+21.2%
Claremont
+0.6%
Merriwood
-15.6%

Housing Supply in Claremont Hills, CA

How many homes are available in Claremont Hills, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1921+10.5%

Summary: The Claremont Hills real estate market had 21 homes for sale in October 2024, a 10.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 54
-20.0%
3 53
-40.0%
4 36
+100.0%
5+ 23
+50.0%

Summary: The Claremont Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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 3 homes were sold or pending in Claremont Hills in October 2024, down by 50.0% month-over-month. Of the 3 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

Oct 2023Oct 2024CHANGE
15 Days58 Days+291.1%

Summary: Homes in Claremont Hills had an average of 58 days on market in Oct 2024, up by 291.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Claremont Hills; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

Newest Listings in Claremont Hills, CA

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