San Clemente
Real Estate Market Trends
There are currently 558 residential homes for sale in San Clemente.
View Market Trends Graph that shows monthly Active, Pending and Sold history from 2007 to Feb 2009 at San Clemente Market Trends Graph.
February 2010 vs. 2009 San Clemente Market Statistics:
The San Clemente average sales price increased by slightly less than 2% to $715,239 in January 2010, compared to $703,174 a year ago, and continues to increase as compared to $702,583 in January 2010. The number of Sold properties increased by 35%, to 58 compared to 43 a year ago, and continues the upward trend when compared to 48 sold properties in January 2010 (view San Clemente sold properties last 30 days). The Market for under $700,000 homes has continued momentum due to available FHA loans. Interest rates remain low, so many homes get multiple offers, particularly short sale and REO property. First time buyers continue to write offers to take advantage of the $8,000 First Time buyer incentive before it expires early in April 2010.
For January through December 2009, there were a total of 768 homes sold in San Clemente with an average sold price of $707,242 and an average of 106 days on market.
Year to date, January through February 2010, a total of 106 homes have closed escrow with an average price of $709,508 and an average of 113 days on market. There are currently 121 properties listed over $1,000,000 and 27 have sold out of the total of 106 sold properties.
Short Sale and Bank Owned property in San Clemente are not as abundant as many other Orange County Cities. However, Talega Short Sale and Bank Owned property in one of the newest areas of San Clemente has an abundance of distressed properties listed for sale, many offered with a dramatic drop in price as banks try to dispose of inventory.
Is now the time to buy a good deal in San Clemente? Take a look and you decide. It is still one of the most affordable ocean, beach front cities in Orange County. It's all about lifestyle!
Yearly Comparison San Clemente Market Statistics
Year | New | Sold | Average | Average |
Feb 2010 | 130 | 58 | $715,239 | 105 |
Feb 2009 | 137 | 43 | $703,174 | 151 |
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San Clemente Market Snapshot.
Are you thinking of buying a home in San Clemente? You can get a daily email list of new homes for sale as they hit the market by visiting Orange County MLS search. It is fast, easy and FREE!
Or, you can search for homes on your own, anytime you choose, by Aerial Maps at San Clemente MLS Map Search.
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