Market Intelligence Report — CA-340

Clearlake, CA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-CA-05
As of the latest 2026 data
Very Weak

Median Listing

$365K
-6.2% YoY

Pending Ratio

0.21
+3.9% YoY

Active Inventory

475
-1.7% YoY

Median DOM

73 Days
+7.4% YoY

Primary Intelligence Tool — Sold Score™

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Clearlake’s residential market registers as Very Weak. The pending ratio stands at 0.21, significantly below levels indicating robust demand, even with a 3.9% YoY increase. The median listing price is $365,000, representing a 6.2% year-over-year contraction.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Clearlake market right now.

The market exhibits continued price contraction, with the median listing price down 6.2% YoY to $365,000, and the average listing price declining 10.0% YoY. New listings have decreased significantly by 24.2% annually, while overall active listings saw a modest 1.7% YoY reduction. Median days on market increased by 7.4% annually, suggesting slower absorption. In addition, the median price per square foot declined 2.4% year-over-year, to $244.

Historical Analysis

Market Trends

Median Price

$365K+3.0% MoM

Active Inventory

475-1.7% YoY

Days on Market

73+7.4% YoY

Sold Score™

30+3.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

30
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of just 0.21, demand absorption is severely lagging the available supply, placing significant pressure on sellers. The extended days on market and the notable price reductions suggest that buyers currently have considerable leverage, dictating a slower transaction pace and requiring clear price discipline from sellers.

Luxury Segment

Average listing prices declined at a sharper rate (10.0% YoY) than median listing prices (6.2% YoY), and the median price per square foot also decreased by 2.4% annually, indicating some softening at the higher price tiers. The larger than normal spread between median and average prices also supports this interpretation.

Supply Dynamics

475 active listings represent the current floor, with new supply arriving at roughly 100 per month.

Pricing Pressure
17.0%

of active listings carry a price reduction, -3.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.4% year-over-year.

Absorption
0.21

Pending-to-active ratio — Very Weak.

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Metro Demographics

Metro Area
Clearlake, CA
CBSA Code
17340
State
CA

ZIPs in Clearlake, CA

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Analysis FAQ
  • What is the current market condition in Clearlake?+

    As of the latest 2026 data, the Clearlake metro is classified as Very Weak. Pending ratio is 0.21 with median days on market at 73.

  • Are home prices dropping in Clearlake?+

    Median listing price is $365K, -6.2% year over year. 17.0% of active listings carry a price reduction.

  • How fast are homes selling in Clearlake?+

    The typical listing sits 73 days on market, a +7.4% change YoY. New listings are arriving at 100 per month.

  • What's happening in the Clearlake luxury market?+

    Average listing prices declined at a sharper rate (10.0% YoY) than median listing prices (6.2% YoY), and the median price per square foot also decreased by 2.4% annually, indicating some softening at the higher price tiers. The larger than normal spread between median and average prices also supports this interpretation.

  • Where can I find a trusted Clearlake real estate expert?+

    Primpted maintains a vetted registry of Clearlake agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 17340 · 36mo history