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Huntington Beach CA Real Estate Market Report February 2016

Huntington Beach California Real Estate Report February 2016

Do you want to see what has gone on in the Huntington Beach Real Estate market for February along with year over year comparisons? Take a look below for complete details on the Huntington Beach Real Estate market. While you are here also take a look at the Real estate agents guide to Huntington Beach to learn why the city is a popular choice with home buyers, including information on city history, schools, demographics and more.

Huntington Beach CA Real Estate Activity For February 2016 vs February 2015

In February of 2016 there were 21 homes that closed within the month for Huntington Beach Real Estate. This is an increase of 12 units sold, as there were 20 homes that closed in February of 2015.

The average list price for the homes that closed in February of 2015 was $316,405

The average list price for the homes that closed in February of 2016 was $344,695

The average sale price for the homes that closed in February of 2015 was $309,024

The average sale price for the homes that closed in February of 2016 was $332,788

The average market time for the homes that closed in February of 2015 was 74 days.

The average market time for the homes that closed in February of 2016 was 81 days.

Homes Under Contract For February 2016

21 homes went under agreement in the month of February. The average list price of the homes that went under agreement was $398,081. The average time on the market for these homes were 64 days. February was a fair month for homes going under agreement.

January 2013 – 2015 Final Year Real Estate Market Statistics For Huntington Beach California

For the period of January to December of 2015 there were 500+ properties sold.

For the period of January to December of 2014 there were 500+ properties sold.

For the period of January to December of 2013 there were 473 properties sold.

For the period of January to December in 2015 the average list price was $380,466 the average sale price was $373,815 the average market time was 60 days.

For the period of January to December in 2014 the average list price was $368,219 the average sale price was $362,717 the average market time was 63 days.

For the period of January to December in 2013 the average list price was $338,711 the average sale price was $329,877 and the average market time was 99 days.

Current February 2016 Home For Sale Inventory Levels

The are currently 49 homes on the market in Huntington Beach California. The average list price of these homes is $539,598 The average days on the market is 165. Inventory levels increased from last month when there were 41 homes for sale.

Huntington Beach CA Real Estate Market Analysis

Analysis of current Huntington Beach CA market.

Inventory had been trending upwards over the course of the end of the year but changed rapidly over the last few months and now is exceptionally low. There was a bump upwards this past month going from forty to forty nine but under fifty homes available for purchase is unheard of! This should change by quite a bit over the course of the next few months as the spring market is at our doorstep.

I expect the market to be very vibrant with homes selling very quickly. In some of the price points where there is no inventory there will be bidding wars and homes selling for over asking. This market is primed for sellers and a tough one for buyers to deal with.

Sales for 2015 were nearly identical to what we saw in 2014. Overall the market was excellent.

February was an average month for closed sales with 21 sales. This was up from last year at the same time but by a very small margin with one additional sale.

The amount of homes going pending in February was also average with 21.

Closed homes this year vs last

Huntington Beach ended 2015 with over 500 sales. This was the case in 2014 as well. The multiple listing service stops tracking the exact amount once the 500 sale mark is reached so I do not have the exact amount for each year.

The above Framingham Real Estate statistics are for single family homes ONLY and do not include condominiums or multi family homes.

Click the link to see all Huntington Beach homes for sale.

Huntington Beach CA Real Estate Market Report Janurary 2016