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 | 139 | 1,513 | 1,216 | 1,217 |
| Months of Supply of Homes Available for Sale | 0.90 | 1.20 | 2.30 | 3.10 |
| Citywide Price per Square Foot: | $746.00 | $608.00 | $556.00 | $530.00 |
| Percentage of Listed Price that Homes Selling for: 100% is full price. | 103.20% | 99.50% | 98.60% | 98.60% |
| Days on Market Until it Goes into Escrow: | 16 | 33 | 39 | 42 |
| Home Sales Prices: | $1,645,014 | $1,336,895 | $1,198,812 | $1,122,718 |
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Jay Valento’s February 2022 Update: Huntington Beach Real Estate Market
I write several blog posts a month and wanted to share with you my research for 2022. The February housing prices numbers look like this:
- the average selling price for a house is $1,645,014. That is UP 23.00% price-wise from 2021 when the average selling price was $1,336,895.
- It is taking 16 days for a home to sell in Huntington Beach. That is down 51.50% from last year when it took 33 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. A normal real estate market, it is about 3 months of inventory.
Right now, in 2022, we are at 0.90 months which is DOWN by 35.70% from a year ago.
How Much of a Discount Are Sellers Offering from the Listed Price?
ZERO. Huntington Beach single-family homes are selling for 103.20% ABOVE the listed price which is up +3.70% (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.