$8,609 Closing Credit*
$725,000
840 SqFt
2 Beds
•1 Full Bath
Deborah Vance, Listing Office: eXp Realty of Southern CA
Is Imperial Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Imperial Beach was a Seller's Market.
Key Takeaway
Imperial Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Imperial Beach, CA
How much do homes in Imperial Beach, CA cost?
Median Sold Price
$860,000
$632/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$48,000(+5.9%)
Key Takeaway
Homes in Imperial Beach have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Imperial Beach was $860,000 in September 2024, up 5.9% from last year, and the median price per square foot was $632.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $396K | -1.0% |
| 2 Bedrooms | $614K | $675K | +9.9% |
| 3 Bedrooms | $875K | $885K | +1.1% |
| 4 Bedrooms | $1.0M | $1.0M | 0.3% |
| 5+ Bedrooms | $875K | $1.3M | +52.0% |
Summary: Imperial Beach housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 52%.
Housing Supply in Imperial Beach, CA
How many homes are available in Imperial Beach, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 79 | 93 | +17.7% |
Summary: The Imperial Beach real estate market had 93 homes for sale in September 2024, a 17.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 27 | 30 | +11.1% |
| 3 Bedrooms | 32 | 43 | +34.4% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Imperial Beach housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 34.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 15 | 6 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Imperial Beach, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Imperial Beach in September 2024, down by 60.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Imperial Beach, CA
How long does it take to sell a home in Imperial Beach, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 11 Days | 19 Days | +62.2% |
Summary: Homes in Imperial Beach had an average of 19 days on market in Sep 2024, up by 62.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Imperial Beach are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 6 homes were sold in Imperial Beach; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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.