$2,077 Closing Credit*
$174,900
832 SqFt
2 Beds
•1 Full Bath
Cheryl Marinaro, Listing Office: Century 21 Epic-Clearlake
Is Lucerne-Clearlake Oaks, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lucerne-Clearlake Oaks was a Seller's Market.
Key Takeaway
Lucerne-Clearlake Oaks is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lucerne-Clearlake Oaks, CA
How much do homes in Lucerne-Clearlake Oaks, CA cost?
Median Sold Price
$275,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,500(-1.6%)
Key Takeaway
Homes in Lucerne-Clearlake Oaks have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Lucerne-Clearlake Oaks was $275,500 in November 2024, down 1.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129K | $208K | +61.2% |
| 2 Bedrooms | $230K | $239K | +3.9% |
| 3 Bedrooms | $332K | $319K | -3.9% |
| 4 Bedrooms | $300K | $340K | +13.3% |
| 5+ Bedrooms | $185K | $420K | +127.0% |
Summary: Lucerne-Clearlake Oaks housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.2%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 127%.
Median Sold Price Compared To Nearby Cities
| Lucerne-Clearlake Oaks | $280K | $275.5K | -1.6% |
| Clearlake Oaks | $290K | $265K | -8.6% |
Housing Supply in Lucerne-Clearlake Oaks, CA
How many homes are available in Lucerne-Clearlake Oaks, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 78 | -2.5% |
Summary: The Lucerne-Clearlake Oaks real estate market had 78 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 26 | 26 | 0.0% |
| 3 Bedrooms | 39 | 38 | -2.6% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lucerne-Clearlake Oaks housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lucerne-Clearlake Oaks, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Lucerne-Clearlake Oaks in November 2024, the same as the previous month. Of the 11 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.
Days on Market for Lucerne-Clearlake Oaks, CA
How long does it take to sell a home in Lucerne-Clearlake Oaks, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 68 Days | +21.6% |
Summary: Homes in Lucerne-Clearlake Oaks had an average of 68 days on market in Nov 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Lucerne-Clearlake Oaks are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 11 homes were sold in Lucerne-Clearlake Oaks; 27% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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