Long Beach, California Real Estate

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Long Beach Real Estate Market Conditions

Real estate in Long Beach, CA has recently had a little sales boom following the down economy. While Long Beach has seen its share of foreclosures and short sales, the number of distressed sales is down, the number of buyers looking to purchase is down, and prices have been on a slow but steady increase. February update – Low inventory still driving the slow market, time is needed to sell. This page, in particular, is geared toward those looking to sell Long Beach real estate and/or those who want to keep up with the local market trends. If you’re really looking more at buying a Long Beach home, we recommend our Long Beach Homes For Sale page where you can view all the listings available for sale and use our home search tools and local tips. For quick response call,text,or email us. If you just want to quickly browse listings, try the Real Estate Search over to the right to view the full list of homes for sale in the city of Long Beach

Recently SOLD Long Beach Homes

Long Beach homes IN ESCROW

 

Last Months Long Beach Home Sales Statistics

Single Family Homes

New Listings = 124 , yr over yr = (-)10.8%
Pending Sales = 140 , (+)16.7%
Closed Sales = 182 , (+)13.0% 
Days on Market Until Sale = 65, (-)8.5%
Median Sales Price = $464,000 , (+)4.3%
Average Sales Price = $535,305 , (-)0.0%
% of Original Sales Price Received = 97.1% , (-)0.9%
Inventory of Homes For Sale = 371 , (-)17.4%
Months Supply of Inventory = 2.1 , (-)12.5%
 
 
 

Townhouse-Condo

New Listings = 52 , yr over yr = (-)5.5%
Pending Sales = 87 , (-)47.5%
Closed Sales = 84 , (+)1.2%
Days on Market Until Sale = 73 , (+)2.8%
Median Sales Price = $285,000 , (+)3.6%
Average Sales Price = $317,516 , (-)7.3%
% of Original Sales Price Received = 96.7% , (-)1.7%
Inventory of Homes For Sale = 187 , (-)13.0%
Months Supply of Inventory = 2.2 , (-)15.4%

 

Sold homes for Long Beach

 
Number of sold homes in Long Beach

Avg price per square foot

Long Beach&amp average price per square foot


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Long Beach Real Estate News

  • Long Beach short sale under $170,000 July 3, 2012 Took a look at this one bedroom condo in Long Beach today located just off Redondo in The Palms. Short sale that fell out of escrow asking $169,000. For a homeowner with 5% down, your payment after HOA dues would be under $1,000 a month! Its even a nice place thats been remodeled with granite ...
  • Long Beach CA Rents On The Rise, Multiple Apps Become The Norm June 28, 2012 After a few years of stable and often decreasing rents we are seeing rental rates across Long Beach (and LA/OC in general) once again go on the rise. News sources have quoted somewhere around 6% increase over last year and we are seeing signs this may be true. For example, we just rented this Long ...
  • Housing Market Report 2010 – Long Beach, CA February 9, 2011 The Long Beach home sales numbers are in for 2010 and they give us a pretty good idea where we’re headed in 2011. Overall the market rebounded well in the beginning of the year but came upon a slowdown by years end. We expect to see the slow trend continue, and with it, a resurgence of the competitive pricing buyers have come ...
  • Housing Market Report 2010 – Long Beach, CA February 9, 2011 The Long Beach home sales numbers are in for 2010 and they give us a pretty good idea where we’re headed in 2011. Overall the market rebounded well in the beginning of the …
  • Interest Rates Down, Ideal For Home Loans August 16, 2010 Just off the Monday phone call with my lender, rates way down! http://bit.ly/cAxXkm Not much raises my eyebrows these days but this is incredibly cheap money. I wish my mortgage was this low……hmmm maybe that’s a good idea! Apparently Bank of America is running a promotion this month on home loans and they are waiving up ...
  • Interest Rates Down, Ideal For Home Loans August 16, 2010 Just off the Monday phone call with my lender, rates way down! http://bit.ly/cAxXkmNot much raises my eyebrows these days but this is incredibly cheap money. I wish my mortgage was this low……hmmm maybe that’s a good idea! Apparently Bank of America…

Long Beach Home Buying Info

 

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