Is North Coast, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Coast is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, North Coast has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Coast, CA

How much do homes in North Coast, CA cost?

Median Sold Price

$1,098,950

$649/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$73,613(+7.2%)

Key Takeaway

Homes in North Coast have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in North Coast was $1,098,950 in March 2024, up 7.2% from last year, and the median price per square foot was $649.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $406K$350K
-13.8%
2 $579K$593.6K
+2.5%
3 $1.0M$1.1M
+8.4%
4 $1.2M$1.3M
+5.1%
5+ $1.4M$1.5M
+3.8%

Summary: North Coast housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Cities

Westminster
+11.1%
North Coast
+7.2%
Garden Grove
+6.2%
Huntington Beach
+5.3%

Housing Supply in North Coast, CA

How many homes are available in North Coast, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
656670+2.1%

Summary: The North Coast real estate market had 670 homes for sale in March 2024, a 2.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 5761
+7.0%
2 172173
+0.6%
3 196198
+1.0%
4 156166
+6.4%
5+ 7572
-4.0%

Summary: The North Coast housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
182202+11.0%

Asking Price vs. Sold Price

84 Homes Were Sold
Under Asking

40 Homes Were Sold
At Asking

78 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Coast, you may be able to get a good deal. 41.6% of homes here sold below asking price last month.

Summary: A total of 202 homes were sold or pending in North Coast in March 2024, up by 11.0% month-over-month. Of the 202 sold homes, 42% were sold under asking, 20% were sold at asking, and 39% were sold over asking.

Days on Market for North Coast, CA

How long does it take to sell a home in North Coast, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
36 Days34 Days-6.4%

Summary: Homes in North Coast had an average of 34 days on market in Mar 2024, down by 6.4% compared to last year.

Breakdown of Home Sale Times

133 Homes Were Sold
Under 30 Days

46 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 202 homes were sold in North Coast; 66% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 11% 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 24 Days Ago

Newest Listings in North Coast, CA

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