$9,500 Closing Credit*
$800,000
1,364 SqFt
3 Beds
•2 Full Baths
Adam Sussely-House, Listing Office: eXp Realty of California, Inc.
Is Imperial Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Imperial Beach was a Seller's Market.
Key Takeaway
Imperial Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Imperial Beach, CA
How much do homes in Imperial Beach, CA cost?
Median Sold Price
$867,500
$617/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$56,500(+7.0%)
Key Takeaway
Homes in Imperial Beach have sold for 7% more than they did a year ago.
Summary: The median home sold price in Imperial Beach was $867,500 in November 2024, up 7% from last year, and the median price per square foot was $617.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $398.5K | $387.5K | -2.8% |
| 2 Bedrooms | $607K | $662.5K | +9.1% |
| 3 Bedrooms | $860K | $880K | +2.3% |
| 4 Bedrooms | $920K | $1.0M | +10.6% |
| 5+ Bedrooms | $1.1M | $1.2M | +11.1% |
Summary: Imperial Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in Imperial Beach, CA
How many homes are available in Imperial Beach, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 | 80 | -8.0% |
Summary: The Imperial Beach real estate market had 80 homes for sale in November 2024, a 8.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 22 | 23 | +4.5% |
| 3 Bedrooms | 40 | 36 | -10.0% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Imperial Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Imperial Beach, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Imperial Beach in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.
Days on Market for Imperial Beach, CA
How long does it take to sell a home in Imperial Beach, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 29 Days | +27.1% |
Summary: Homes in Imperial Beach had an average of 29 days on market in Nov 2024, up by 27.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Imperial Beach are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Imperial Beach; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.