The Silicon Beach housing market is somewhat competitive. Homes in Silicon Beach receive 2 offers on average and sell in around 54 days. The median sale price of a home in Silicon Beach was $1.5M last month, up 0.3% since last year. The median sale price per square foot in Silicon Beach is $913, down 1.6% since last year.
What is the housing market like in Silicon Beach today?
In October 2024, Silicon Beach home prices were up 0.3% compared to last year, selling for a median price of $1.5M. On average, homes in Silicon Beach sell after 54 days on the market compared to 38 days last year. There were 605 homes sold in October this year, up from 552 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,500,000
+0.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Silicon Beach, CA
$1,500,000
+0.3%
United States
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How hot is the Silicon Beach housing market?
Silicon Beach is somewhat competitive. Homes sell in 58.5 days.
0
100
48
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 59 days.
Hot homes
can sell for about 2% above list price and go pending in around 32 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Silicon Beach housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Silicon Beach.
Flood Factor - Minor
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Silicon Beach has a minor risk of flooding. 6,414 properties in Silicon Beach are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in Silicon Beach. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Silicon Beach has a moderate risk of wildfire. There are 577 properties in Silicon Beach that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Silicon Beach.
Silicon Beach has minimal risk of severe winds over the next 30 years
Wind Factor
Silicon Beach has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.