Orange County CA Real Estate

Scenic seaside San Clemente, CA. real estate market has been slowing down in the past 4 months, but remains healthy. Currently, there are 306 detached homes active for sale  with a Median Home Price of $1,250,000. (The Median price is considered to me a more accurate representation of real estate prices than the Average price.)  The lowest priced detached home currently for sale in San Clemente is a 2 bedroom, 2 bath, 1,100 square foot home for $609,900 located close to Trestles beach. The highest priced home active for sale is 6 bedroom, 8 bath, 7,500 square foot estate priced at $4,400,000 located in Sea Pointe Estates.

There are 82 homes currently under contract (In Escrow) in San Clemente and the Median asking Price is $1,100,000. The average price of these homes is about $1,400,000 and the average price per square foot is about $510/sf, and the average days on market is 70 days. The lowest priced detached home under contract is $719,000 for a 3 bdrm, 1.5 bath, 1,145 square foot property.  The highest priced home in escrow is a 7 bedroom, 8 bath,10,726 square foot estate located in the exclusive ocean front community called Cottons Point Estates, and the asking price is $7 Million.  The ratio of the homes active for sale (306) as compared to the homes sold In Escrow (82) is quick estimate of the Months of Inventory.  Currently, the Months of Inventory is estimated to be 5.6 months which is a Neutral market.

For the past 30 days, there were 49 detached Homes sold and closed Escrow in San Clemente with a median price of $1,050,000 and an average price of  $1,155,663.  The  Average Days on Market was 55 days and the average price per square foot was $517/SqFt.  The least expensive detached home sold in the past 30 days was a 3 bedroom, 2.5 bath, 1,581 square foot home in the Villagio tract.  The most expensive property sold was a 3 bedroom, 2 bath, 2,364 square foot custom home in south San Clemente.

The real estate market for San Clemente Attached housing is a bit stronger.  There are 109 attached Condos currently Active for sale in San Clemente and they have been on the market for sale an average of 56 Days. The Average Condo is Priced at $777,031 and the Median asking Price is $649,900.  The average price per square foot is $492.  The lowest priced condominium is a  1 bedroom, 1 bath, 560 square foot condo price at $317,500 in the Vista Pacifica tract.  The highest priced condominium is priced at $3,795,000 for a 4 bedroom, 3.5 bath, 3,108 square foot condo with a panoramic ocean view also in the Vista Pacifica tract.

Today, there are 27 Condos sold In Escrow, and the median price is $612,000. The lowest priced condominium is a 2 bedroom, 1.5 bath, 1,002 square foot property on El Camino Real.  The highest price condo in escrow is a 3 bedroom, 3 bath, 2,386 square foot property with a panoramic ocean view on Arenoso Lane.

In the past 30 days, there have been 24 Condos sold that closed Escrow . The Average price of these Condos were $676,541 and the Average time of Market was 53 Days. The Median Condo price sold in the last 30 days was $602,000 in San Clemente, CA.  The lowest priced condo sold and closed in San Clemente in the past 30 days, is a 1 bedroom, 1 bath, 495 square foot condo that sold for $330,000 in the Vista Oceana tract. The highest priced condominium sold in the past 30 days, was $1.5 Million for a 4 bedroom, 3.5 bath, 2,6000 square foot custom built condo with ocean and Catalina island views.   

In summary, although the San Clemente Real Estate market has been slowing down over the past 4 months, it is currently still healthy and the future looks bright. If you would like to search for all San Clemente Real Estate listed for sale, just visit our website at: San Clemente MLS Home Search.