Huntington Beach condo prices report is about current condominium trends and prices. Knowing the trends and average prices give you insights into the housing marketplace for condos in Huntington Beach.
In 2017, Huntington Beach condo prices were at $523,846 which was up 10.6% from 2016. Townhomes sold an average of $688,231 which was up 16.1% from 2016.
The increase in prices was due to the fact of low inventory and low-interest rates making it attractive to home buyers.
Huntington Beach Condo Prices Report Trends
We have researched the current selling prices of condos for our Huntington Beach Condo Prices Report. Make sure to subscribe for a free copy of the report sent to you via email monthly.
This statistic helps you understand the real estate prices. For example, the “Sale-to-List Price” helps you determine if it is a Buyer’s Market or Seller’s Market. 100% equals full price offers are being accepted. If the number is above 100% or at 100%, then it is a Seller’s market. The inventory of available condos that are listed for sale is low and there is high demand for them.
If the number is below 100%, then it could mean the market is stable. If the days on market is high and the Sale-to-List Price is below 100%, it may mean that this area is a buyer’s market.