Is Seaside, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Seaside has remained a Seller's Market.
Key Takeaway
Seaside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seaside, CA
How much do homes in Seaside, CA cost?
Median Sold Price
$794,500
$666/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Seaside have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Seaside was $794,500 in May 2024, up 11.1% from last year, and the median price per square foot was $666.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $560K | $534.5K | -4.6% |
| 2 Bedrooms | $641.7K | $657.5K | +2.5% |
| 3 Bedrooms | $753.5K | $812.5K | +7.8% |
| 4 Bedrooms | $880K | $1.1M | +27.8% |
| 5+ Bedrooms | $1.2M | $1.1M | -7.4% |
Summary: Seaside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Seaside | $715K | $794.5K | +11.1% |
| Del Rey Oaks | $855K | $935K | +9.4% |
| Seaside-Monterey | $1.0M | $1.0M | +5.5% |
| Monterey | $1.0M | $1.0M | +2.9% |
Housing Supply in Seaside, CA
How many homes are available in Seaside, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 44 | +25.7% |
Summary: The Seaside real estate market had 44 homes for sale in May 2024, a 25.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 15 | 22 | +46.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Seaside housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seaside, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Seaside in May 2024, up by 71.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Seaside, CA
How long does it take to sell a home in Seaside, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 36 Days | 19 Days | -47.0% |
Summary: Homes in Seaside had an average of 19 days on market in May 2024, down by 47% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seaside are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Seaside; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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.