By Scot Campbell, Realtor 06/26/25 | Sources: Reports on Housing, Realtor MLS, NAR, Wikipedia
I have been selling real estate for over 30 years in Huntington Beach, and I have a formal education in real estate finance and economics.
So, my friends, past clients, and family often ask the familiar question: “How is the Market?”
The answer to that question is best answered by looking at what I consider the best indicator of market conditions. That “metric” is called the Days of Supply, and it is defined by:
The number of days it would take to sell every home currently on the market at the present rate of home sales if no new listings came onto the market.
Days of Supply will tell you if we are in a Buyer’s Market, Seller’s Market, or Balanced Market.
A reading below 60 days is a Strong Seller’s Market, over 120 days is a Strong Buyer’s Market, in between 60 and 120 is a Balanced Market.
Hands down, Days of Supply is “The Best” indicator of what to expect if you put your home on the market. Using data I have recorded in my spreadsheet for over 10 years, I give clients like you an accurate prediction of market conditions so you can correctly price your home.
Last year at this time, we were experiencing Seller’s Market conditions with a reading of 54 days.
But the last six months has seen a lot of market distractions: LA Fires, stock market fluctuations, tariffs, international politics, etc.
Since January, we have seen the Huntington Beach Days-of-Supply go from 81, to 119, Back down to 64, then up to 105, and now all the way back down to 60.
So, as of June 19, 2025, the Days-of-Supply is a Balanced Market but it is trending back toward the Seller’s Market range.
What does this mean for the market?
- In contrast to 2023 and 2024 when nearly every home sold quickly, we are now seeing Some homes which sell, and others that do not.
- The New Normal is for homes to be on the market for weeks or months, rather than just hours or days like previous years.
- Successfully finding a buyer in June 2025 is a combination of preparation, correct pricing, and aggressive marketing.
Listing with the right broker really matters this year!
Call, text, or email me if you have questions.