Barsam & Associates

Claremont, CA 91711

Single-Family Homes

T: 877-522-7726 | www.barsaminc.com | DRE 01871779



Claremont, CA 91711

Mon Oct 19 2020
This week the median list price for Claremont, CA 91711 is $1,212,500 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has held steady at or around 40. Click here to stay informed with the Claremont market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Claremont, CA 91711

Mon Oct 19 2020
This week the median list price for Claremont, CA 91711 is $1,212,500 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has held steady at or around 40. Click here to stay informed with the Claremont market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Claremont market.
Median List Price $1,212,500
Per Square Foot $385
Days on Market 73
Price Decreased 28%
Price Increased 8%
Relisted 8%
Inventory 40
Median Rent $2,400
Most Expensive $2,899,500
Least Expensive $589,888
Market Action 55
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,994,000 5,079 0.5 - 1 acre 5 5 18 0 1 104
$1,437,500 3,923 0.5 - 1 acre 5 4 33 1 1 136
$962,500 2,470 0.25 - 0.5 acre 4 3 55 2 3 35
$725,000 1,838 0.25 - 0.5 acre 3 2 64 5 8 16