To give you a quick snapshot of the Huntington Beach real estate market, I wanted to share this graphic with you.
The market radar above is the best indication of what is going on in the city of Huntington Beach.
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Jay Valento’s March 2020 Update: Huntington Beach Real Estate Market
I write several blog posts a month and wanted to share with you my research for May 2020. The March housing prices numbers look like this:
- the average selling price for a house is $1,169,686. That is UP 8.60% price-wise from 2019 when the average selling price was $1,077,282.
- It is taking 33 days for a home to sell in Huntington Beach. That is down 23.30% from last year when it took 43 days. Right now is a great time to sell your house in Huntington Beach.
Months of Supply of Homes Available for Sale
My next Huntington Beach real estate statistic is called Months of Supply. This shows you how many listings are available for sale. Usually, it is about 3 months. Right now, in 2020, we are at 2.2 months which is DOWN by 26.70% from a year ago.
How Much of a Discount Are Sellers Offering from the Listed Price?
Huntington Beach single-family homes are selling for 98.70% of the starting listed price which is up +0.10% (2020) from compared to May 2019 This statistic helps you answer the question, how much will the seller take for their home? I have buyers asked me this all the time.