$10,000 Closing Credit*
$999,900
616 SqFt
1 Bed
•1 Full Bath
Cindy Wing, Listing Office: Coldwell Banker West
Is Ocean Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
$1,100,000
$1,402/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$325,000(-22.8%)
Key Takeaway
Homes in Ocean Beach have sold for 22.8% less than they did a month ago.
Summary: The median home sold price in Ocean Beach was $1,100,000 in October 2024, down 22.8% from last month, and the median price per square foot was $1,402.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.3M | $1.1M | -16.2% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $1.9M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ocean Beach housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Ocean Beach, CA
How many homes are available in Ocean Beach, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Summary: The Ocean Beach real estate market had 16 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 11 | 7 | -36.4% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ocean Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 36.4%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocean Beach, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Ocean Beach in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 18 Days | +119.6% |
Summary: Homes in Ocean Beach had an average of 18 days on market in Oct 2024, up by 119.6% 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
Key Takeaway
Many homes in Ocean Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 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.
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.