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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seal Beach is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Seal Beach has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Seal Beach, CA

How much do homes in Seal Beach, CA cost?

Median Sold Price

$400,000

$416/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,855(+6.6%)

Key Takeaway

Homes in Seal Beach have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Seal Beach was $400,000 in October 2024, up 6.6% from last year, and the median price per square foot was $416.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$236K
+4.9%
2 $379K$395K
+4.2%
3 $1.3M$1.4M
+5.0%
4 $1.4M$1.4M
-2.6%
5+ $1.6M$2.0M
+25.1%

Summary: Seal Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 25.1%.

Median Sold Price Compared To Nearby Cities

Westminster
+11.7%
Los Alamitos
+10.1%
North Coast
+9.6%
Huntington Beach
+8.0%
Seal Beach
+6.6%

Housing Supply in Seal Beach, CA

How many homes are available in Seal Beach, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
197183-7.1%

Summary: The Seal Beach real estate market had 183 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4236
-14.3%
2 11298
-12.5%
3 2021
+5.0%
4 1722
+29.4%
5+ 66
0.0%

Summary: The Seal Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4542-6.7%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seal Beach, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Seal Beach in October 2024, down by 6.7% month-over-month. Of the 42 sold homes, 57% were sold under asking, 33% were sold at asking, and 10% were sold over asking.

Days on Market for Seal Beach, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days31 Days-25.0%

Summary: Homes in Seal Beach had an average of 31 days on market in Oct 2024, down by 25% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Seal Beach are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 42 homes were sold in Seal Beach; 64% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 5% 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 20 Days Ago

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