Is Signal Hill, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Signal Hill was a Seller's Market.
Housing Prices in Signal Hill, CA
How much do homes in Signal Hill, CA cost?
Median Sold Price
$585,500
$477/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Signal Hill was $585,500 in March 2024, down 14% from last year, and the median price per square foot was $477.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | $444K | +4.5% |
2 Bedrooms | $565K | $574K | +1.6% |
3 Bedrooms | $782.5K | $805K | +2.9% |
4 Bedrooms | $1.1M | $1.2M | +8.6% |
5+ Bedrooms | $1.3M | $1.2M | -6.8% |
Summary: Signal Hill housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 6.8%.
Median Sold Price Compared To Nearby Cities
Long Beach-Lakewood | $784.6K | $800.9K | +2.1% |
Long Beach | $782.5K | $790K | +1.0% |
Signal Hill | $680.5K | $585.5K | -14.0% |
Housing Supply in Signal Hill, CA
How many homes are available in Signal Hill, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 15 | -21.1% |
Summary: The Signal Hill real estate market had 15 homes for sale in March 2024, a 21.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 9 | 6 | -33.3% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Signal Hill housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 2 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Signal Hill in March 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Signal Hill, CA
How long does it take to sell a home in Signal Hill, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 8 Days | -63.3% |
Summary: Homes in Signal Hill had an average of 8 days on market in Mar 2024, down by 63.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Signal Hill; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.