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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ocean Beach is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ocean Beach has remained a Seller's Market.

Key Takeaway

Ocean Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ocean Beach, CA

How much do homes in Ocean Beach, CA cost?

Median Sold Price

$1,150,000

$1,113/sqft

Based on all homes sold in November 2024.

The Median Sold Price hasn't changed since October 2024.

Key Takeaway

The sold price of homes in Ocean Beach has remained the same since last month.

Summary: The median home sold price in Ocean Beach was $1,150,000 in November 2024, the same as last month, and the median price per square foot was $1,113.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $1.1M$966.2K
-14.1%
3 $1.9M$2.0M
+3.1%
4 --
N/A
5+ --
N/A

Summary: Ocean Beach housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Ocean Beach
0.0%
Sunset Cliffs
-47.1%

Housing Supply in Ocean Beach, CA

How many homes are available in Ocean Beach, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1715-11.8%

Summary: The Ocean Beach real estate market had 15 homes for sale in November 2024, a 11.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 15
+400.0%
2 84
-50.0%
3 54
-20.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Ocean Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 400%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ocean Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ocean Beach in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ocean Beach, CA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
19 Days17 Days-11.6%

Summary: Homes in Ocean Beach had an average of 17 days on market in Nov 2024, down by 11.6% compared to last month.

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 Ocean Beach are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Ocean Beach; 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 21 Days Ago

Newest Listings in Ocean Beach, CA

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