$2,702 Closing Credit*
$227,500
600 SqFt
1 Bed
•1 Full Bath
Robin Gray-Hite, Listing Office: Seven Gables Real Estate
Is Seal Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Seal Beach has remained a Seller's Market.
Key Takeaway
Seal Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seal Beach, CA
How much do homes in Seal Beach, CA cost?
Median Sold Price
$400,000
$415/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$20,666(+5.4%)
Key Takeaway
Homes in Seal Beach have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Seal Beach was $400,000 in August 2024, up 5.4% from last year, and the median price per square foot was $415.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $239K | +6.2% |
| 2 Bedrooms | $382.5K | $400K | +4.6% |
| 3 Bedrooms | $1.3M | $1.4M | +4.0% |
| 4 Bedrooms | $1.5M | $1.4M | -4.5% |
| 5+ Bedrooms | $1.6M | $2.1M | +27.7% |
Summary: Seal Beach housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 27.7%.
Median Sold Price Compared To Nearby Cities
| Westminster | $925K | $1.0M | +13.4% |
| Los Alamitos | $1.3M | $1.4M | +10.9% |
| North Coast | $1.0M | $1.1M | +9.4% |
| Huntington Beach | $1.1M | $1.2M | +7.9% |
| Seal Beach | $379.3K | $400K | +5.4% |
Housing Supply in Seal Beach, CA
How many homes are available in Seal Beach, CA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 203 | 186 | -8.4% |
Summary: The Seal Beach real estate market had 186 homes for sale in August 2024, a 8.4% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 36 | 36 | 0.0% |
| 2 Bedrooms | 126 | 110 | -12.7% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 16 | 14 | -12.5% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Seal Beach housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 55 | 34 | -38.2% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seal Beach, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Seal Beach in August 2024, down by 38.2% month-over-month. Of the 34 sold homes, 62% were sold under asking, 24% were sold at asking, and 15% were sold over asking.
Days on Market for Seal Beach, CA
How long does it take to sell a home in Seal Beach, CA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 44 Days | 45 Days | +3.7% |
Summary: Homes in Seal Beach had an average of 45 days on market in Aug 2024, up by 3.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Seal Beach has remained consistent over time.
Summary: During August 2024, 34 homes were sold in Seal Beach; 35% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 15% 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.