Is La Habra Heights, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Habra Heights is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, La Habra Heights has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in La Habra Heights, CA

How much do homes in La Habra Heights, CA cost?

Median Sold Price

$1,357,450

$499/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$44,450(+3.4%)

Key Takeaway

Homes in La Habra Heights have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in La Habra Heights was $1,357,450 in October 2024, up 3.4% from last year, and the median price per square foot was $499.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $855K$850K
-0.6%
3 $1.2M$1.1M
-3.7%
4 $1.2M$1.4M
+13.1%
5+ $1.8M$1.8M
-3.2%

Summary: La Habra Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Cities

La Habra
+11.7%
Anaheim-Santa Ana-Garden Grove
+10.6%
East San Gabriel Valley
+7.0%
Whittier
+6.4%
La Habra Heights
+3.4%

Housing Supply in La Habra Heights, CA

How many homes are available in La Habra Heights, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2726-3.7%

Summary: The La Habra Heights real estate market had 26 homes for sale in October 2024, a 3.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 67
+16.7%
4 1111
0.0%
5+ 97
-22.2%

Summary: The La Habra Heights housing inventory by bedroom type for October 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 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Habra Heights, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in La Habra Heights in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for La Habra Heights, CA

How long does it take to sell a home in La Habra Heights, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days5 Days-33.3%

Summary: Homes in La Habra Heights had an average of 5 days on market in Oct 2024, down by 33.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in La Habra Heights are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in La Habra Heights; 100% of homes were sold within 30 days, 0% 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 16 Days Ago

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