Is Arch Beach Heights, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arch Beach Heights is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Arch Beach Heights was a Seller's Market.

Key Takeaway

Arch Beach Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Arch Beach Heights, CA

How much do homes in Arch Beach Heights, CA cost?

Median Sold Price

$2,150,000

$1,275/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$45,000(-2.1%)

Key Takeaway

Homes in Arch Beach Heights have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Arch Beach Heights was $2,150,000 in September 2024, down 2.1% from last year, and the median price per square foot was $1,275.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $1.6M$1.9M
+17.3%
3 $2.1M$2.1M
+2.7%
4 $3.9M$2.5M
-36.1%
5+ --
N/A

Summary: Arch Beach Heights housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 36.1%, and 5+ bedroom homes did not change.

Housing Supply in Arch Beach Heights, CA

How many homes are available in Arch Beach Heights, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2024+20.0%

Summary: The Arch Beach Heights real estate market had 24 homes for sale in September 2024, a 20.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1216
+33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Arch Beach Heights housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arch Beach Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Arch Beach Heights in September 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Arch Beach Heights, CA

How long does it take to sell a home in Arch Beach Heights, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
28 Days32 Days+12.3%

Summary: Homes in Arch Beach Heights had an average of 32 days on market in Sep 2024, up by 12.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Arch Beach Heights has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Arch Beach Heights; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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