Is Huntington Beach, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huntington Beach is a seller's market

Buyer's
Market

Difference Since January 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

$1,199,824

$696/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$57,193(+5.0%)

Key Takeaway

Homes in Huntington Beach have sold for 5% more than they did a year ago.

Summary: The median home sold price in Huntington Beach was $1,199,824 in January 2024, up 5% from last year, and the median price per square foot was $696.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $511.2K$550K
+7.6%
2 $705K$750K
+6.4%
3 $1.1M$1.1M
+5.4%
4 $1.4M$1.4M
+0.9%
5+ $1.7M$1.6M
-3.1%

Summary: Huntington Beach housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Cities

North Coast
+6.4%
Westminster
+5.5%
Fountain Valley
+5.4%
Huntington Beach
+5.0%

Housing Supply in Huntington Beach, CA

How many homes are available in Huntington Beach, CA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
314320+1.9%

Summary: The Huntington Beach real estate market had 320 homes for sale in January 2024, a 1.9% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 3328
-15.2%
2 6064
+6.7%
3 111112
+0.9%
4 7578
+4.0%
5+ 3538
+8.6%

Summary: The Huntington Beach housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.2%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 8.6%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
8776-12.6%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huntington Beach, you may be able to get a good deal. 64.5% of homes here sold below asking price last month.

Summary: A total of 76 homes were sold or pending in Huntington Beach in January 2024, down by 12.6% month-over-month. Of the 76 sold homes, 64% were sold under asking, 16% were sold at asking, and 20% 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

Jan 2023Jan 2024CHANGE
40 Days40 Days+0.5%

Summary: Homes in Huntington Beach had an average of 40 days on market in Jan 2024, up by 0.5% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Huntington Beach are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 76 homes were sold in Huntington Beach; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

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