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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Habra Heights is a buyer's market

Buyer's
Market

Difference Since August 2022

At the same time last year, La Habra Heights was a Seller's Market.

Key Takeaway

La Habra Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices

How much do homes in La Habra Heights, CA cost?

Median Sold Price

$1,400,000

$470/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since August 2022.

Key Takeaway

The sold price of homes in La Habra Heights has remained the same since last year.

Summary: The median home sold price in La Habra Heights was $1,400,000 in August 2023, the same as last year, and the median price per square foot was $470.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 --
N/A
2 $905K$1.2M
+33.7%
3 $1.0M$1.2M
+13.9%
4 $1.4M$1.2M
-9.1%
5+ $1.8M$1.9M
+6.7%

Summary: La Habra Heights housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.7%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Cities

La Habra
0.1%
La Habra Heights
0.0%
Anaheim-Santa Ana-Garden Grove
-0.3%
Whittier
-0.5%
East San Gabriel Valley
-1.6%

Housing Supply

How many homes are available in La Habra Heights, CA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE
2831+10.7%

Summary: The La Habra Heights real estate market had 31 homes for sale in August 2023, a 10.7% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 1013
+30.0%
5+ 1313
0.0%

Summary: The La Habra Heights housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Habra Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in La Habra Heights in August 2023, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
19 Days37 Days+87.3%

Summary: Homes in La Habra Heights had an average of 37 days on market in Aug 2023, up by 87.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 2 homes were sold in La Habra Heights; 50% of homes were sold within 30 days, 50% 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 25 Days Ago

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Nearby Markets

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