Is La Habra, 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, La Habra has remained a Seller's Market.
Housing Prices in La Habra, CA
How much do homes in La Habra, CA cost?
Median Sold Price
$810,250
$537/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in La Habra was $810,250 in May 2024, up 4.5% from last year, and the median price per square foot was $537.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $418.5K | $415K | -0.8% |
2 Bedrooms | $521K | $567K | +8.8% |
3 Bedrooms | $772K | $815K | +5.6% |
4 Bedrooms | $880K | $1.0M | +21.6% |
5+ Bedrooms | $1.2M | $1.3M | +10.4% |
Summary: La Habra 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 8.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Cities
Fullerton | $874.2K | $941K | +7.6% |
La Mirada | $803.2K | $850K | +5.8% |
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, CA
How many homes are available in La Habra, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
98 | 100 | +2.0% |
Summary: The La Habra real estate market had 100 homes for sale in May 2024, a 2.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 19 | 14 | -26.3% |
3 Bedrooms | 43 | 46 | +7.0% |
4 Bedrooms | 18 | 24 | +33.3% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The La Habra housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 26.3%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 37 | +27.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in La Habra in May 2024, up by 27.6% month-over-month. Of the 37 sold homes, 19% were sold under asking, 14% were sold at asking, and 68% were sold over asking.
Days on Market for La Habra, CA
How long does it take to sell a home in La Habra, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 20 Days | -23.5% |
Summary: Homes in La Habra had an average of 20 days on market in May 2024, down by 23.5% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 37 homes were sold in La Habra; 76% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.