Let’s review trends for Southern California Real Estate Trends June 2023 by city and overall from the California Regional Multiple Listing Service.
Takeaways on Housing Prices in Southern California
- Southern California Real Estate Trends June 2023 by County with a spotlight on a few cities
- Understanding the real estate market trends makes you a smarter home buyer or seller
- Free Home Buyer’s Guide or Home Seller’s Guide
Southern California Real Estate Trends June 2023
All data was researched from the California Regional Multiple Listing Service that covers most of the state of California. The results are from properties that were listed for sale by real estate professionals and does not contain private sales.
- Let’s review the Housing market 2023 California.
California Real Estate for Sale Overall
As of today, there are 48,792 California properties for sale.
Southern California’s Average Days on the Market is 56 days before an offer is received.
The number of properties for sale is down 10.86% that reduction is what is keeping us in a seller’s market. But you can find great buys despite that…
Average selling price for the state of California is $1,049,893 and that is down 5.20% over June 2022. Houses in California are selling for $1,154,532 and Condos are selling for $723,464.
What are the most affordable houses by County in Southern California as of June 2023?
This list covers the following counties in Southern California: Los Angeles, Orange, Riverside, San Bernardino, and San Diego.
- San Bernardino County homes are selling for $550,592 which is down 3.00% over 2022
- Riverside County homes are selling for $718,056 and that is down 3.0% over 2022
- San Diego County homes are selling for $1,254,781 which is down 2.70%
- Los Angeles Real Estate Market 2023 consists of homes that are selling for $1,339,016 that is down 6.80% over 2022.
- Orange County homes are selling for $1,594,163 that is down 6.10% over 2022
Beach Cities Real Estate Pricing for June 2023
I encourage people on my real estate website to explore different areas and look for a house or condo that fits their lifestyle. Can you see yourself living there?
Let’s look at a few popular areas on my website by city for June 2023 prices:
Long Beach CA Real Estate June 2023 Trends
Long Beach homes are selling for an average of $1,000,843. Prices are down 5.70% from June 2022 It takes on average 32 days for a house to go under contract with an accepted offer. Long Beach homes are selling at 100.70% of the listed price…just a little over full price. These are city numbers so each area within the city will be different.
The most update list of Long Beach homes for sale is found on RedWagonTeam.com.
Chart for Long Beach homes Pricing Comparing 2023 to 2022
Long Beach CA Condos that Sold as of June 2023
Long Beach Condos are selling for an average of $549,804. That is down 0.60% from June 2022. It takes on average 30 days for a condo to go under contract with an accepted offer.
Long Beach condos are selling at 100.50% of the listed price…just a little over the full price. These are city numbers so each area within the city will be different.
- Search all Long Beach condos for sale.
Huntington Beach CA Real Estate Update 2023
Chart for Comparing Huntington Homes that Sold Historically in June 2023 by Price
- Huntington Beach homes are selling for an average of $1,000,843.
- Prices are down 6.10% from June 2022 It takes on average 32 days for a house to go under contract with an accepted offer.
- Huntington Beach homes are selling at 99.80% of the listed price…just a little below full price. These are city numbers so each neighborhood within the city will be different.
- You can find Huntington Beach homes for sale here.
Huntington Beach CA Condos that Sold as of June 2023
Huntington Beach Condos are selling for an average of $763,844. Prices are UP 0.90% from June 2022.
It takes on average 33 days for a condo to go under contract with an accepted offer. Huntington Beach condos are selling at 100.50% of the listed price…just a little over the full price.
Note: These are citywide numbers so condo community within Huntington Beach will be different.
- You can find Huntington Beach condos for sale on RedWagonTeam.com.
Newport Beach CA Real Estate Update 2023
Chart for Comparing Newport Homes that Sold Historically in June 2023 by Price
- Newport Beach homes are selling for an average of $4,199,867.
- Prices are down 2.10% from June 2022 It takes on average 43 days for a house to go under contract with an accepted offer.
- Long Beach homes are selling at 96.50% of the listed price…just a little below full price. These are city numbers so each neighborhood within the city will be different.
- You can find Newport Beach homes for sale here.
Inland Empire Real Estate Cities Pricing June 2023
Lake Elsinore homes are selling for $552,431 which is down 5.40% over 2022. Homes for sale in Lake Elsinore are selling within 50 days after being listed for sale and for 99.90% of the listed price.
Riverside houses are selling for $679,061 which is down 0.70% over 2022. Homes fro sale in Riverside, California are selling within 38 days after being listed for sale and for 100% of the listed price.
Corona CA homes are selling for $770,000 which is down 4.40% over 2022. Homes in Corona are selling within 46 days after being listed for sale and for 99.80% of the listed price.
Murrieta homes are selling for $728,074 which is down 4.90% over 2022. Homes in Murrieta are selling within 41 days after being listed for sale and for 99.80% of the listed price.
Temecula Homes for Sale are selling for $814,249 which is down 2.40% over 2022. Homes in Corona are selling within 42 days after being listed for sale and for 99.60% of the listed price.
