Is Seaside, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seaside is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Seaside, CA

How much do homes in Seaside, CA cost?

Median Sold Price

$815,000

$658/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$99,000(+13.8%)

Key Takeaway

Homes in Seaside have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in Seaside was $815,000 in October 2024, up 13.8% from last year, and the median price per square foot was $658.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $537.5K$629K
+17.0%
2 $648.5K$664.5K
+2.5%
3 $750K$827.5K
+10.3%
4 $1.0M$1.1M
+10.6%
5+ $900K$1.3M
+50.0%

Summary: Seaside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 50%.

Median Sold Price Compared To Nearby Cities

Seaside
+13.8%
Monterey
-0.5%
Seaside-Monterey
-1.6%

Housing Supply in Seaside, CA

How many homes are available in Seaside, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5662+10.7%

Summary: The Seaside real estate market had 62 homes for sale in October 2024, a 10.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 1316
+23.1%
3 2932
+10.3%
4 88
0.0%
5+ 33
0.0%

Summary: The Seaside 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 increased by 23.1%, 3 bedroom homes increased by 10.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
915+66.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seaside, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Seaside in October 2024, up by 66.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.

Days on Market for Seaside, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days44 Days-17.2%

Summary: Homes in Seaside had an average of 44 days on market in Oct 2024, down by 17.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 15 homes were sold in Seaside; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% 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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