Orange County Sweet Digs

August 20, 2008

Inventory for Huntington Beach

Inventory for home sales dropped in Orange County to the lowest level of the year in August. According to Steve Thomas of Re/Max Real Estate Services, 398 homes came off of the market causing inventory to drop 14,348. Currently there are 2,940 deals pending in the Orange County area. For those looking to buy in Huntington Beach, we see the contrast with a median home price of $810,482. With a market action index as of August 17, at 17.66 H.B. is certainly a buyer’s market, this according to Altosresearch.com. Currently there are 584 homes on the market in Huntington Beach with each house staying for sale an average of 112 days. The median price per square foot in Huntington Beach is $426. These numbers and the graphs below show that H.B. is experiencing moderately healthy movement in an otherwise unhealthy market.

z home sales and demand trends Inventory for Huntington Beach Home Sales and Demand Trends

z homes for sales Inventory for Huntington Beach Homes for Sale

z housing market conditions Inventory for Huntington Beach Housing Market Conditions

z price per square foot Inventory for Huntington Beach Price per Square Foot

z real estate price trends Inventory for Huntington Beach Real Estate Price Trends

Posted by Brian Murphy on August 20, 2008 3:45 PM | del.icio.us | Digg

  • Brian Murphy
    Hey HB, thanks for reading. Yes, things are sure to change very soon.
  • HB
    That 90 day median price per sq. foot looks like a nice downhill ski run to me. Just wait until later this fall and next year when all the Alt-A's start resetting. Then that "downhill run" might be a steeper "black diamond"
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