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California Housing Market Carries 2020 Momentum into 2021

  California’s housing market began the 2021 year on a positive note. The state’s favorable trends continued from December into January, as we recorded the highest sales level since 2009. January saw a seasonally annualized rate of 484,730 closed escrow sales for existing, single-family detached homes in California (according to the California Association of R...

October Absorption Rate Seal Beach 90740

In Seal Beach Zip Code 90740 there are 12 active and 10 homes sold in October with an average 12 days on the market, at a median selling price $1,642,500.  That's an absorption rate of 83%. Anything over 20% means a healthy market.