Search homes for sale in Signal Hill, famous for the discovery of oil in 1921, and now a diverse community with an "oil history" and a bright future.
Signal Hill's housing market is moderately competitive. Last month, the median sale price for a home in Signal Hill reached $650K, which is a 22.6% increase from the previous year. Additionally, the median sale price per square foot in Signal Hill now stands at $443, showing a growth of 1.8% since last year.
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Median Sale Price per Sq. Ft.
Total Homes Sold
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As of November 2023, the housing market in Signal Hill has shown notable growth, with home prices increasing by 22.6% from the previous year, reaching a median sale price of $650K. Homes in Signal Hill are selling more quickly, averaging 22 days on the market, a decrease from last year's average of 34 days. However, the number of homes sold in November this year was 3, which is lower compared to 7 homes sold in the same month last year.
The housing market in Signal Hill is moderately competitive. Properties there typically sell within 29 days. It's common for some homes to receive multiple offers. On average, homes in Signal Hill sell for around 1% above the listed price and tend to go pending in approximately 29 days. Homes that are particularly in high demand, or 'hot' homes, may sell for around 4% above the listed price and go pending in as few as 9 days.
Signal Hill, CA, provides its residents with a unique blend of urban and suburban living, where a majority of residents opt for renting their homes. The area boasts a variety of amenities including numerous restaurants, coffee shops, and parks, catering to diverse tastes and lifestyles. It's a popular location for both families and young professionals, with the community generally holding liberal views. Adding to its appeal, the public schools in Signal Hill are highly regarded, making it an attractive place for residents who value education.
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