Long Beach Homes for Sale- Real Estate Market in July 2013
Long Beach is a refined Beach community; off the coast of the Pacific Ocean the Pacific Beach is our backyard playground. Like its neighbors, Seal Beach, and Surfside, Long Beach has seen fairly significant growth in the real estate market in certain areas “especially Downtown Long Beach & South East corridor of Long Beach, & “as a whole” Long Beach real estate is shifted in a positive direction now “as well as” in the future.
As a buyer or seller in the Long Beach real estate market, recognizing current trends and recent market circumstances are essential to make informed choices about Long Beach homes for sale; local real estate market circumstances and accurate media reports provide and detailed picture of the local Long Beach real estate market.
SEE MORE: A Tour of Long Beach – A Well Rounded Truly Unique Beach Los Angeles Community
PRICE TRENDS – SOLD vs. LISTED
Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Some sales are not immediately available from public records. As they become available, the data are updated.
MARKET INVENTORY TRENDS
The number of active listings in Long Beach (90802) increased by 16.3% from the previous month.
The median number of days active properties have been listed is 51. This is significantly shorter than the national average.
The number of sales in April dropped by 73.1% from the previous month.
Additional Statistic for Single Family Homes & Condos in Long Beach, CA
$281,360 51 142
Median Listing Price Median Days on Market Active Listings
SEE MORE: Buying or Selling Real Estate Inventor is Very Important!!
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