Is Signal Hill, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Signal Hill has remained a Seller's Market.
Housing Prices in Signal Hill, CA
How much do homes in Signal Hill, CA cost?
Median Sold Price
$595,000
$477/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Signal Hill was $595,000 in April 2024, down 12.5% from last year, and the median price per square foot was $477.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $431K | $455K | +5.6% |
2 Bedrooms | $565K | $574K | +1.6% |
3 Bedrooms | $776.2K | $805K | +3.7% |
4 Bedrooms | $1.1M | $1.2M | +4.0% |
5+ Bedrooms | $1.3M | $1.2M | -6.8% |
Summary: Signal Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 6.8%.
Median Sold Price Compared To Nearby Cities
Long Beach-Lakewood | $779.7K | $804.7K | +3.2% |
Long Beach | $775.3K | $790.3K | +1.9% |
Signal Hill | $680K | $595K | -12.5% |
Housing Supply in Signal Hill, CA
How many homes are available in Signal Hill, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 23 | +35.3% |
Summary: The Signal Hill real estate market had 23 homes for sale in April 2024, a 35.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Signal Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 10 | +400.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Signal Hill in April 2024, up by 400.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Signal Hill, CA
How long does it take to sell a home in Signal Hill, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 15 Days | -56.1% |
Summary: Homes in Signal Hill had an average of 15 days on market in Apr 2024, down by 56.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Signal Hill; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.