Clearlake Real Estate Market Extends Weakening in Contracts

The Clearlake market saw 12 homes go under contract and failed to break out of an emerging downward trend. Along with that, total home sales fell to 16 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price of all transactions in Clearlake did not budge this week, remaining at $112,000. Clearlake is a definite buyer's market with 10 months of inventory to choose from, aided by the downturn in contracts.

Looking to get the most out of your money? Check out these bargain listings in Clearlake that recently had price cuts:

$399K   $249K   $267K  

Get started right now by checking out Clearlake homes for sale or reviewing Clearlake real estate trends.

Demographic facts about Clearlake:

  • The affordability rating here is 51. (Scale: 1 = Worst, 100 = Best)
  • The area gets 27.2 inches of rain a year. (U.S. average: 36.5)
  • This area has an income per capita of $14,434.
  • The school rating is 33. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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