Homebuying dips in Huntington Beach: Where did the slowdown hit?

Homebuying in Huntington Coast in 2017’s first 3 months may not equal countywide sales growth.

Simply just how did the regional residential real estate market begin the year? Using CoreLogic details, we contrasted homebuying patterns from January to March from this year and also 2016.

Sales in Huntington Beach went down as 432 residences sold in the previous YEAR vs. 455 a year previously. That’s a loss of 5.1 percent vs. a 3.5 percent rise countywide.

Neighborhood trends in Browse City from the report:

Huntington Beach POSTCODE 92646 — — — — 140 residences marketed in the most recent duration vs. 138 one year back. That’s a sales gain of 1.4 percent. Common marketing rate of $669,500 vs. $670,250 in 2014, a loss of 0.1 percent.

Huntington Beach ZIP 92647 — — — — 79 residences marketed in the most recent duration vs. 90 one year ago. That’s a sales loss of 12.2 percent. Regular of $663,500 vs. $645,000 in 2015, a gain of 2.9 percent.

Huntington Coastline ZIP 92648 — — — — 115 residences marketed level vs. a year ago. Mean of $860,000 vs. $850,000 a year back, a gain of 1.2 percent.

Huntington Beach ZIP 92649 — — — — 98 houses sold vs. 112 a year ago. That’s a sales loss of 12.5 percent. Average of $742,000 vs. $741,000 a year earlier, a gain of 0.1 percent.

Along with below are 4 countywide patterns to ponder in the period versus 2016:

1. By area, rates raised in 66 of 83 Orange Region ZIP codes; sales climbed in 50 ZIPs.

2. In the 27 least pricey ZIPs — — — — where the greatest regular home rate was $588,000 — — — — 2,423 residences offered, up 5 percent. Sales climbed in 70 percent of these ZIPs.

3. In the 27 most costly ZIPs — — — — where the means begin at $742,000 — — — — 2,630 houses marketed, up 7.2 percent. Sales enhanced in 59 percent of these ZIPs.

4. Million-dollar ZIPs: 9 with 551 sales, up 13 percent vs. 10 million-dollar ZIPs a year earlier.

DID YOU MISS OUT ON? 1-in-5 Orange Area home sales tops $1 million

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