91 people turned out at the Hotel Huntington Beach last night to learn what’s going on with home prices, mortgage rates and all the rest of the craziness that we lovingly call The Real Estate Market. It’s part of our regular Red Carpet Events. The next one’s in Carlsbad on September 24th- you can RSVP here.
In the Huntington Beach Area, the interesting news in the last two months’ sale-to-list price data is that Fountain Valley houses were selling for 101.8% of list price. Data is below, and here are the full slides.
Fountain Valley Houses: HOT.
You could get a better deal in Balboa, selling at 86% of list (note there were only two sales in this date range), but you’d have to come up with about $5 million for a home.
Huntington Beach Area Houses Sold July 7- Sept. 7 2008
| Area | # Deals | Final v. List | Average Price |
| Balboa Peninsula Houses | 2 | 86.5% | $4,447,500 |
| College Park East Houses | 7 | 96.3% | $731,000 |
| East Bluff – Harbor View Houses | 20 | 89.5% | $1,770,575 |
| Fountain Valley / Northeast HB Houses | 8 | 101.8% | $519,238 |
| Lower Newport Bay – Balboa Island Houses | 6 | 92.1% | $2,751,667 |
| Newport Heights Houses | 6 | 94.7% | $2,141,250 |
| Northwest Huntington Beach Houses | 58 | 96.4% | $824,971 |
| Seal Beach Houses | 37 | 94.0% | $321,919 |
| South Huntington Beach Houses | 44 | 98.5% | $626,357 |
| West Bay – Santa Ana Heights Houses | 15 | 92.8% | $1,302,733 |
| West Huntington Beach Houses | 69 | 95.8% | $994,319 |
| West Newport – Lido Houses | 12 | 93.3% | $2,192,708 |
Huntington Beach Area Condos Sold July 7- Sept. 7 2008
| Area | # Deals | Final v. List | Average Price |
| East Bluff – Harbor View Condos | 7 | 96.2% | $1,097,143 |
| Fountain Valley / Northeast HB Condos | 5 | 96.4% | $348,580 |
| Newport Heights Condos | 9 | 94.4% | $602,767 |
| Northwest Huntington Beach Condos | 19 | 96.3% | $428,607 |
| Rossmoor Condos | 2 | 97.4% | $299,500 |
| Seal Beach Condos | 2 | 96.5% | $498,500 |
| South Huntington Beach Condos | 29 | 97.7% | $378,024 |
| West Huntington Beach Condos | 34 | 96.1% | $581,625 |
| West Newport – Lido Condos | 2 | 90.0% | $931,250 |
Photo credit: jkoegel on flickr.