Is La Habra Heights, 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, La Habra Heights was a Buyer's Market.
Key Takeaway
La Habra Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in La Habra Heights, CA
How much do homes in La Habra Heights, CA cost?
Median Sold Price
$1,322,500
$499/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in La Habra Heights have sold for 5.5% less than they did a year ago.
Summary: The median home sold price in La Habra Heights was $1,322,500 in May 2024, down 5.5% from last year, and the median price per square foot was $499.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.0M | $850K | -19.4% |
| 3 Bedrooms | $1.1M | $1.2M | +1.3% |
| 4 Bedrooms | $1.2M | $1.3M | +4.8% |
| 5+ Bedrooms | $1.8M | $1.7M | -6.0% |
Summary: La Habra Heights housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
| Anaheim-Santa Ana-Garden Grove | $849.9K | $929K | +9.3% |
| East San Gabriel Valley | $743.2K | $779.7K | +4.9% |
| La Habra | $775K | $810.2K | +4.5% |
| Whittier | $756.5K | $790K | +4.4% |
| La Habra Heights | $1.4M | $1.3M | -5.5% |
Housing Supply in La Habra Heights, CA
How many homes are available in La Habra Heights, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 29 | +20.8% |
Summary: The La Habra Heights real estate market had 29 homes for sale in May 2024, a 20.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The La Habra Heights 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in La Habra Heights, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in La Habra Heights in May 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for La Habra Heights, CA
How long does it take to sell a home in La Habra Heights, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 59 Days | +443.6% |
Summary: Homes in La Habra Heights had an average of 59 days on market in May 2024, up by 443.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in La Habra Heights has remained consistent over time.
Summary: During May 2024, 5 homes were sold in La Habra Heights; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.