Is Imperial Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Imperial Beach was a Seller's Market.
Housing Prices in Imperial Beach, CA
How much do homes in Imperial Beach, CA cost?
Median Sold Price
$866,000
$640/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Imperial Beach was $866,000 in May 2024, up 10.8% from last year, and the median price per square foot was $640.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $397K | -0.8% |
2 Bedrooms | $594.6K | $672.5K | +13.1% |
3 Bedrooms | $849.9K | $890K | +4.7% |
4 Bedrooms | $1.0M | $995K | -0.5% |
5+ Bedrooms | $885K | $1.3M | +50.3% |
Summary: Imperial Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 50.3%.
Housing Supply in Imperial Beach, CA
How many homes are available in Imperial Beach, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 90 | +36.4% |
Summary: The Imperial Beach real estate market had 90 homes for sale in May 2024, a 36.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 18 | 25 | +38.9% |
3 Bedrooms | 29 | 40 | +37.9% |
4 Bedrooms | 13 | 19 | +46.2% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Imperial Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 38.9%, 3 bedroom homes increased by 37.9%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Imperial Beach in May 2024, the same as the previous month. Of the 12 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Imperial Beach, CA
How long does it take to sell a home in Imperial Beach, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 53 Days | +349.3% |
Summary: Homes in Imperial Beach had an average of 53 days on market in May 2024, up by 349.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Imperial Beach; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.