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In Huntington Beach, Zip Code 92646 there are 63 active and 34 homes sold in August with an average 7 days on the market, at a medium selling price $1,322,000. That's an absorption rate of 54%. Anything over 20% means a healthy market. https://janie.jhagents.com/vendors
Numbers don’t lie. We wish we could say the same for headlines. In our quest for transparency, we’re going to be bringing you monthly updates on the health of the real estate market with our series Absorption Rate Analysis. We hear a lot about “fewer homes hitting the market”, but this hasn’t been our personal experience. We still see a very healthy market in ...
