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 June 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

$1,240,083

$723/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$94,180(+8.2%)

Key Takeaway

Homes in Huntington Beach have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Huntington Beach was $1,240,083 in June 2024, up 8.2% from last year, and the median price per square foot was $723.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $517.5K$550K
+6.3%
2 $725K$750K
+3.4%
3 $1.1M$1.2M
+9.7%
4 $1.3M$1.4M
+8.9%
5+ $1.6M$1.6M
+2.8%

Summary: Huntington Beach housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Cities

Fountain Valley
+16.1%
Westminster
+14.6%
North Coast
+11.0%
Huntington Beach
+8.2%

Housing Supply in Huntington Beach, CA

How many homes are available in Huntington Beach, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
420426+1.4%

Summary: The Huntington Beach real estate market had 426 homes for sale in June 2024, a 1.4% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 3433
-2.9%
2 8179
-2.5%
3 139128
-7.9%
4 114130
+14.0%
5+ 5256
+7.7%

Summary: The Huntington Beach housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.9%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

May 2024Jun 2024CHANGE
124119-4.0%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

52 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huntington Beach, you could pay more than the asking price. 43.7% of homes here sold above asking price last month.

Summary: A total of 119 homes were sold or pending in Huntington Beach in June 2024, down by 4.0% month-over-month. Of the 119 sold homes, 39% were sold under asking, 18% were sold at asking, and 44% 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

Jun 2023Jun 2024CHANGE
26 Days18 Days-29.8%

Summary: Homes in Huntington Beach had an average of 18 days on market in Jun 2024, down by 29.8% compared to last year.

Breakdown of Home Sale Times

95 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

2 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 June 2024, 119 homes were sold in Huntington Beach; 80% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 2% 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 26 Days Ago

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