To give you a quick snapshot of the Huntington Beach real estate market, I wanted to share this graphic with you.
|Huntington Beach Homes||2022||2021||2020||2019|
|Total Sales of Single-Family Homes||716||1,513||1,216||1,217|
|Months of Supply of Homes Available for Sale||1.40||1.20||2.30||3.10|
|Citywide Price per Square Foot:||$748.93||$608.00||$556.00||$530.00|
|Percentage of Listed Price that Homes Selling for: 100% is full price.||103.10%||99.50%||98.60%||98.60%|
|Days on Market Until it Goes into Escrow:||17||33||39||42|
|Home Sales Prices:||$1,610,768||$1,336,895||$1,198,812||$1,122,718|
|Huntington Beach Homes for Sale:|
Jay Valento’s August 2022 Update: Huntington Beach Real Estate Market
The report comes in a PDF format so you can review the data direct from my membership to the California Regional Multiple Listing Service and a data source for Realtors called RPR.
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. A normal real estate market, it is about 3 months of inventory.
Right now, in 2022, we are at 1.40 months which is the same as a year ago.
How Much of a Discount Are Sellers Offering from the Listed Price?
ZERO. Huntington Beach single-family homes are selling for 103.10% of the listed price which is up +1.60% (2022) from compared to 2021.
This statistic helps you answer the question, how much will the seller take for their home and tell you how hot or cold the real estate market is right now? I have buyers asked me this all the time.