Everything You Wanted To Know About Huntington Beach Real Estate

Written by Posted On Thursday, 24 October 2013 16:11

Are you interested in homes for sale in Huntington Beach, CA? Before you start browsing, read on and learn more about the lifestyle in this cool coastal city. Huntington Beach, CA has a population of 196,373 making it the largest beach city in Orange County based on population. Nicknamed “Surf City USA”, H.B. hosts an annual US Surf Open each July as well as a Dog Surf Competition each September, held along the 8.5 mile long stretch of sandy beach the city is known for. Not only can residents enjoy the expansive beach, there are also several other natural habitats to enjoy around town like Huntington Beach Central Park with a lake, urban forest and native wild life, and the Bolsa Chica Wetlands offering various trails and scenic routes. With so many amazing outdoor areas to explore, it’s no wonder this city is so dog friendly.

We did a full lifestyle search of Huntington Beach on the First Team site and have gathered all of the highlights for you. The average income for residents is $110,865 per year, and the average age of residents is 41 years old. There are 76,650 households, 29% with children and the average home value of a single-family home is $703,1820.17% lower than the county average.

HB lifestyle charts

Now let’s take a look at market trends in Huntington Beach, CA. Inventory is up and average sale prices are down which means it’s a buyer’s market. Higher inventory equates to more choices when you’re browsing for homes and lower prices insure you get the best deal on your new home.

HB market stats

Active inventory represents the number of homes for sale that are listed on the MLS (Multiple Listing Service) and right now listings are up in Huntington Beach meaning buyers have more options when choosing a home.

Pending inventory represents the number of properties in escrow or those that are in the process of closing buyer deals. Sold inventory represents the number of closed escrows and total sales, giving us a true history of the market.

The average sales price is calculated by averaging sold properties in the area over the last 30 days. Right now sale price are down in Huntington Beach from last month and year-over-year which means buyers have more leverage and negotiating power, correlated with a higher inventory.

Days on market is the period of time a between when a property is first listed on the MLS and when it is taken off the market or sold.

For more questions on Huntington Beach real estate, contact the experts at any one of the First Team offices in the city - we've got 3! And of course you can always call or email us for further assistance.

Email us at clientservices [at]firstteam.com

Call us at 888-870-1142

Huntington Beach - North
6781 Warner Avenue
Huntington Beach, CA 92647
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Huntington Beach – Sea Cliff
19021 Goldenwest St.
Huntington Beach, CA 92648
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Huntington Beach – South
20100 Brookhurst Street
Huntington Beach, CA 92646
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Originally posted at http://www.firstteam.com/blog/huntington-beach-real-estate-oct2013/

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First Team Real Estate® is the largest independent brokerage in Southern California and voted the #1 Real Estate Company by the OC Register's Best of Orange County in 2011, 2012, and 2013


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