Market Intelligence Report — CA-340

Clearlake, CA

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

Ref. No: 2026-CA-07
As of the latest 2026 data
Very Weak

Median Listing

$372K
-1.4% YoY

Pending Ratio

0.22
+3.5% YoY

Active Inventory

505
-6.6% YoY

Median DOM

77 Days
+0.0% YoY

Primary Intelligence Tool — Sold Score™

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Clearlake, CA, is currently characterized by a very weak market condition, with a pending ratio of 0.22, indicating severe demand absorption challenges relative to available supply. Active listings have contracted by 6.6% year-over-year, alongside a 9.6% decline in new listings.

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 a complex dynamic where inventory contraction does not translate to demand acceleration. Active listings decreased by 6.6% over the past year, while new listings saw a more substantial decline of 9.6% year-over-year. Despite this reduction in supply, the pending ratio, at 0.22, remains low, though it has increased by 3.5 percentage points year-over-year. Median listing prices have experienced a modest year-over-year decline of 1.4%, alongside a 0.9% month-over-month increase, reflecting inconsistent pricing trends.

Historical Analysis

Market Trends

Median Price

$372K+0.9% MoM

Active Inventory

505-6.6% YoY

Days on Market

77+0.0% YoY

Sold Score™

33+3.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

33
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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

The current market dynamics suggest that demand absorption is significantly lagging inventory availability. The low pending ratio indicates a prolonged sales cycle, diminishing the urgency for buyers. Properties are remaining on the market for an extended period, leading to increased pressure on sellers to adjust pricing to attract offers.

Luxury Segment

In the higher price tiers, the average listing price has declined by 7.2% year-over-year, which is a more pronounced decrease compared to the 1.4% decline in the median listing price. This disparity, coupled with a 19.9% share of price-reduced listings, points to a softening at the upper end of the market segment.

Supply Dynamics

505 active listings represent the current floor, with new supply arriving at roughly 94 per month.

Pricing Pressure
19.9%

of active listings carry a price reduction, -1.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.9% year-over-year.

Absorption
0.22

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Clearlake, CA? Buyer Demand Index is running at 22%.

Buyers have leverage in Clearlake, CA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
22%
Median Days on Market
77 days
Inventory YoY
−7%

In a buyer's market, strategy beats timing. See how your home scores in Clearlake, CA and what moves the number.

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Metro Demographics

Metro Area
Clearlake, CA
CBSA Code
17340
State
CA

ZIPs in Clearlake, CA

Sorted by active inventory · click a ZIP for its full report

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 0.22 with median days on market at 77.

  • Are home prices dropping in Clearlake?+

    Median listing price is $372K, -1.4% year over year. 19.9% of active listings carry a price reduction.

  • How fast are homes selling in Clearlake?+

    The typical listing sits 77 days on market, a +0.0% change YoY. New listings are arriving at 94 per month.

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

    In the higher price tiers, the average listing price has declined by 7.2% year-over-year, which is a more pronounced decrease compared to the 1.4% decline in the median listing price. This disparity, coupled with a 19.9% share of price-reduced listings, points to a softening at the upper end of the market segment.

  • 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