Is Huntington Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Huntington Beach has remained a Seller's Market.
Housing Prices in Huntington Beach, CA
How much do homes in Huntington Beach, CA cost?
Median Sold Price
$1,234,136
$718/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Huntington Beach was $1,234,136 in May 2024, up 8.5% from last year, and the median price per square foot was $718.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $517.5K | $550K | +6.3% |
2 Bedrooms | $716.3K | $750K | +4.7% |
3 Bedrooms | $1.1M | $1.2M | +9.6% |
4 Bedrooms | $1.3M | $1.4M | +9.1% |
5+ Bedrooms | $1.6M | $1.6M | +2.8% |
Summary: Huntington Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
Westminster | $896K | $1.0M | +14.1% |
Fountain Valley | $1.0M | $1.2M | +13.9% |
North Coast | $1.0M | $1.1M | +10.6% |
Huntington Beach | $1.1M | $1.2M | +8.5% |
Midway City | $872.5K | $915K | +4.9% |
Housing Supply in Huntington Beach, CA
How many homes are available in Huntington Beach, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
411 | 391 | -4.9% |
Summary: The Huntington Beach real estate market had 391 homes for sale in May 2024, a 4.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 36 | 31 | -13.9% |
2 Bedrooms | 66 | 70 | +6.1% |
3 Bedrooms | 146 | 134 | -8.2% |
4 Bedrooms | 116 | 111 | -4.3% |
5+ Bedrooms | 47 | 45 | -4.3% |
Summary: The Huntington Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.9%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
143 | 121 | -15.4% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 121 homes were sold or pending in Huntington Beach in May 2024, down by 15.4% month-over-month. Of the 121 sold homes, 41% were sold under asking, 20% were sold at asking, and 39% were sold over asking.
Days on Market for Huntington Beach, CA
How long does it take to sell a home in Huntington Beach, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 22 Days | -19.5% |
Summary: Homes in Huntington Beach had an average of 22 days on market in May 2024, down by 19.5% compared to last year.
Breakdown of Home Sale Times
92 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 121 homes were sold in Huntington Beach; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.