The value of approximately 4 in 5 homes in Huntington Beach has fallen, according to Zillow, as about 3 in 10 homesellers in Huntington Beach cut their asking price.

That’s highlights of what the online real estate tracker saw in Huntington Beach for February.

As for Zillow’s database of values for all homes in Huntington Beach …

Zillow Home Value Index pegged median home values at $542,200 — that’s down 6.9% in a year. Countywide? Down 7.0% in a year.

Five-year price change? Negative 6.14% annualized vs. a loss of 7.4% countywide.

Median value per square foot for February? $331 — that’s down 7.0% in a year. Countywide? Down 5.7% in a year.

78.3% of the homes in the market had declining values in February — that’s down 6.3% in a year. Countywide? 72.3% with dropping values.

As for sales data for Huntington Beach tracked by Zillow …

$499,900 was median sales price — that’s up 3.1% in a year. Countywide? Down 5.8% in a year.

37.8% of the homes sold were done so at a loss to the owner — that’s up 7.2% in a year. Countywide? 37.5% at a loss.

16.3% of the homes sold were former foreclosures — that’s down 2.9% in a year. Countywide? 22.6% foreclosures.

Sellers got 97.6% of list price (median) — that’s up 1.0% in a year. Countywide? 97.7% of list.

As for listed homes’ data for Huntington Beach tracked by Zillow …

$559,900 was median list price — that’s up 5.6% in a year. Countywide? Up 0.2% in a year.

28.6% of the homes listing had price cuts — that’s down 3.2% in a year. Countywide? 28% with cuts.

5.5% was the median price cut on listed homes — that’s up 0.3% in a year. Countywide? 5.3% median cut.

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