News

As of April 13, 2025, the Huntington Beach housing market remains highly competitive, characterized by rising home values and swift sales.​

📊 Market Overview

• Median Home Value: Approximately $1.35 million, reflecting a 7.2% increase over the past year .​Zillow
• Median Sale Price: Around $1.3 million, up 4.3% year-over-year .​Instagram+2Redfin+2Zillow+2
• Average Days on Market: Homes typically go pending in about 14 days, indicating strong buyer demand .​Redfin+2Redfin+2Zillow+2
• Competitiveness Score: Rated 72 out of 100, denoting a very competitive market .​Redfin

📈 Market Dynamics

• Buyer Activity: Properties often receive multiple offers, with some buyers waiving contingencies to secure deals.​
• Pricing Trends: While the average sale price is about 1% below the list price, "hot" homes can sell for approximately 2% above the list price and go pending in around 16 days .​Zillow+2Redfin+2Redfin+2
• Inventory Levels: The number of homes sold in February 2025 was 84, a decrease from 106 in the same month last year, indicating tighter inventory .​Redfin

🌆 Neighborhood Spotlight: Downtown Huntington Beach

• Median Home Price: Approximately $1.95 million, with a 2.7% year-over-year increase .​Redfin
• Market Competitiveness: Scoring 43 out of 100, this area is somewhat competitive, with homes selling in about 63 days on average .​Redfin+1Redfin+1

🔄 Migration Trends

• Inbound Interest: Between January and March 2025, 4% of homebuyers searching in Huntington Beach were from outside metropolitan areas, notably from San Francisco, Houston, and Seattle.​Redfin
• Outbound Movement: Approximately 22% of local buyers considered relocating, with popular destinations including Las Vegas, San Diego, and Bakersfield .​Redfin

🌿 Environmental Considerations

• Flood Risk: About 35% of properties in Huntington Beach are at risk of severe flooding over the next 30 years.​Redfin+1Redfin+1
• Wildfire Risk: Approximately 18% of properties face a risk of wildfire within the same timeframe .​Redfin

Market Snapshot

• Median Home Price: The median list price for single-family homes in Orange County is approximately $1.855 million, reflecting a steady upward trend over the past year. ​Ocrealestateinc.com
• Inventory Levels: There are about 2,189 active listings, which is approximately 25% lower than the same period last year. This limited supply continues to fuel competition among buyers. ​Ocrealestateinc.com
• Sales Volume: In the first quarter of 2025, 4,419 homes were sold, a slight increase from 4,389 in Q1 of 2024, indicating stable transaction activity. ​Ocrealestateinc.com

📈 Buyer Demand & Days on Market

• Days on Market (DOM):
  • Under $1M: Median of 20 days​
  • $1M–$2M: Median of 17 days​
  • Over $2M: Median of 44 days​Ocrealestateinc.com

Homes in the $1M–$2M range are selling the fastest, highlighting strong demand in this segment. ​

• Pricing Trends: On average, homes are selling for about 1.2% below list price, though well-priced properties often attract multiple offers and may sell at or above asking. ​Ocrealestateinc.com

💼 Market Influences

• Mortgage Rates: After a period of elevated rates, many economists anticipate a stabilization around the mid-6% range for 30-year fixed mortgages by mid-2025, assuming inflation continues to cool and the Federal Reserve maintains a steady hand. ​The Malakai Sparks Group
• Downsizing Trend: Many homeowners are opting to downsize, moving into smaller properties or retirement communities, which is gradually increasing inventory in certain segments. ​Ocrealestateinc.com

🧭 Outlook

Despite national trends of increasing inventory, Orange County's market remains tight, with strong buyer demand and limited supply. Unless there's a significant shift in economic conditions or a substantial increase in new listings, the market is expected to remain competitive in the near term.