Is Huntington Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Huntington Beach has remained a Seller's Market.
Key Takeaway
Huntington Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Huntington Beach, CA
How much do homes in Huntington Beach, CA cost?
Median Sold Price
$1,234,136
$718/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Huntington Beach have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Huntington Beach was $1,234,136 in May 2024, up 8.5% from last year, and the median price per square foot was $718.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $517.5K | $550K | +6.3% |
| 2 Bedrooms | $716.3K | $750K | +4.7% |
| 3 Bedrooms | $1.1M | $1.2M | +9.6% |
| 4 Bedrooms | $1.3M | $1.4M | +9.1% |
| 5+ Bedrooms | $1.6M | $1.6M | +2.8% |
Summary: Huntington Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Westminster | $896K | $1.0M | +14.1% |
| Fountain Valley | $1.0M | $1.2M | +13.9% |
| North Coast | $1.0M | $1.1M | +10.6% |
| Huntington Beach | $1.1M | $1.2M | +8.5% |
| Midway City | $872.5K | $915K | +4.9% |
Housing Supply in Huntington Beach, CA
How many homes are available in Huntington Beach, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 411 | 391 | -4.9% |
Summary: The Huntington Beach real estate market had 391 homes for sale in May 2024, a 4.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 36 | 31 | -13.9% |
| 2 Bedrooms | 66 | 70 | +6.1% |
| 3 Bedrooms | 146 | 134 | -8.2% |
| 4 Bedrooms | 116 | 111 | -4.3% |
| 5+ Bedrooms | 47 | 45 | -4.3% |
Summary: The Huntington Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.9%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 143 | 121 | -15.4% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Huntington Beach, you may be able to get a good deal. 41.3% of homes here sold below asking price last month.
Summary: A total of 121 homes were sold or pending in Huntington Beach in May 2024, down by 15.4% month-over-month. Of the 121 sold homes, 41% were sold under asking, 20% were sold at asking, and 39% were sold over asking.
Days on Market for Huntington Beach, CA
How long does it take to sell a home in Huntington Beach, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 22 Days | -19.5% |
Summary: Homes in Huntington Beach had an average of 22 days on market in May 2024, down by 19.5% compared to last year.
Breakdown of Home Sale Times
92 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Huntington Beach are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 121 homes were sold in Huntington Beach; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.