Is Clermont, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clermont is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Clermont has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Clermont, GA

How much do homes in Clermont, GA cost?

Median Sold Price

$465,000

$263/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$15,432(+3.4%)

Key Takeaway

Homes in Clermont have sold for 3.4% more than they did a month ago.

Summary: The median home sold price in Clermont was $465,000 in November 2024, up 3.4% from last month, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $403.5K$420K
+4.1%
4 $494.1K$725K
+46.7%
5+ $658K-
N/A

Summary: Clermont housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes did not change.

Housing Supply in Clermont, GA

How many homes are available in Clermont, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4640-13.0%

Summary: The Clermont real estate market had 40 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2321
-8.7%
4 1916
-15.8%
5+ 32
-33.3%

Summary: The Clermont 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 remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clermont, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Clermont in November 2024, up by 8.3% month-over-month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.

Days on Market for Clermont, GA

How long does it take to sell a home in Clermont, GA?

Average Sale Time

Oct 2024Nov 2024CHANGE
58 Days41 Days-29.4%

Summary: Homes in Clermont had an average of 41 days on market in Nov 2024, down by 29.4% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Clermont; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% 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 2 Days Ago

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