Is La Habra, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Habra is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, La Habra has remained a Seller's Market.

Key Takeaway

La Habra is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in La Habra, CA

How much do homes in La Habra, CA cost?

Median Sold Price

$799,500

$532/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$28,833(+3.7%)

Key Takeaway

Homes in La Habra have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in La Habra was $799,500 in February 2024, up 3.7% from last year, and the median price per square foot was $532.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $416K$413.5K
-0.6%
2 $518K$520K
0.4%
3 $782.7K$799.5K
+2.1%
4 $880K$1.0M
+17.3%
5+ $1.2M$1.3M
+4.5%

Summary: La Habra housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 4.5%.

Median Sold Price Compared To Nearby Cities

La Habra
+3.7%
Fullerton
+1.7%
La Mirada
+1.5%
Whittier
0.0%
La Habra Heights
-2.7%

Housing Supply in La Habra, CA

How many homes are available in La Habra, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7073+4.3%

Summary: The La Habra real estate market had 73 homes for sale in February 2024, a 4.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 65
-16.7%
2 1720
+17.6%
3 2727
0.0%
4 1616
0.0%
5+ 45
+25.0%

Summary: The La Habra housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 17.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1420+42.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Habra, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in La Habra in February 2024, up by 42.9% month-over-month. Of the 20 sold homes, 40% were sold under asking, 25% were sold at asking, and 35% were sold over asking.

Days on Market for La Habra, CA

How long does it take to sell a home in La Habra, CA?

Average Sale Time

Feb 2023Feb 2024CHANGE
27 Days20 Days-23.9%

Summary: Homes in La Habra had an average of 20 days on market in Feb 2024, down by 23.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 20 homes were sold in La Habra; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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