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 November 2023

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

$1,450,000

$597/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$150,000(+11.5%)

Key Takeaway

Homes in Claremont Hills have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Claremont Hills was $1,450,000 in November 2024, up 11.5% from last year, and the median price per square foot was $597.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $505K$418.6K
-17.1%
2 $682.5K$606.2K
-11.2%
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 November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 34.7%.

Housing Supply in Claremont Hills, CA

How many homes are available in Claremont Hills, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1821+16.7%

Summary: The Claremont Hills real estate market had 21 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 33
0.0%
3 33
0.0%
4 69
+50.0%
5+ 23
+50.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Claremont Hills in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
22 Days95 Days+334.1%

Summary: Homes in Claremont Hills had an average of 95 days on market in Nov 2024, up by 334.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 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 Hills are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Claremont Hills; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

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