Is Half Moon Bay, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Half Moon Bay is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, Half Moon Bay has remained a Seller's Market.

Key Takeaway

Half Moon Bay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Half Moon Bay, CA cost?

Median Sold Price

$1,550,000

$843/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

-$77,000(-4.7%)

Key Takeaway

Homes in Half Moon Bay have sold for 4.7% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $890K-
N/A
2 $815K$879K
+7.9%
3 $1.4M$1.4M
+1.8%
4 $1.9M$1.9M
0.1%
5+ $2.3M$2.8M
+21.7%

How many homes are available in Half Moon Bay, CA?

Number of Homes For Sale

Dec 2022Jan 2023%
1518+20.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 23
+50.0%
3 44
0.0%
4 910
+11.1%
5+ 01
+100.0%

Number of Homes Sold

Dec 2022Jan 2023%
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Half Moon Bay, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
26 Days44 Days+70.2%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Half Moon Bay has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Half Moon Bay, CA

There are 18 homes are for sale in Half Moon Bay, CA real estate market. In January 2023 in Half Moon Bay, CA there were 20% more homes for sale than in December 2022. The median list price of listings available in January 2023 was $1,550,000, while the average time on the real estate market was 44 days. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 7.9%, 3 bedrooms properties became 1.8% more expensive, the cost of 4 bedrooms properties went up by 0.1%, 5 bedrooms properties prices increased by 21.7%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 50% more available, 3 bedrooms homes did not move, 4 bedrooms homes became 11.1% more available, number of 5 bedrooms homes increased by 100%. While more than 0 listings in Half Moon Bay, CA in January 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below.