Long Beach, CA. 90802 Real Estate Market Update for March 2014

By
Real Estate Broker/Owner with Kolsky Realty & Management 01311273
http://actvra.in/4dbV

 

Long Beach, CA. 90802 Real Estate Market Update for March 2014

 

Real estate market update for LB, CA. 90802, March 2014. The local real estate settings are continually changing and knowing the real estate market in the community that’s important to you is a valuable asset.

 

Whether it’s selling or buying a home, the process involves many dynamics. And it’s pivotal that sellers/buyers Keep a close eye on the market tendencies by viewing new listing and closed sales price.

 

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.

Chart Temporarily Unavailable

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.

 

The number of active listings in Long Beach (90802) increased by 9% from the previous month.

The median number of days active properties have been listed is 47. This is significantly shorter than the national average.

Chart Temporarily Unavailable

The percent of owner occupied properties in Long Beach (90802) are 44.03% below the national average.

The percent of rental properties in Long Beach (90802) is 48.05% above the national average which is typical for urban areas.

Chart Temporarily Unavailable

 

Learn more about the home buying and selling process, see what’s happening in the community you’re interested in. I’ve made it easy, all you have to do is click here to learn about the community that draws you. As always, you can call me anytime with any questions, I like getting calls and I sincerely appreciate them.    

 

 

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Rainmaker
2,222,811
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Jon,  Great information for buyers and sellers in your area.  Hope you have a great day!

Mar 16, 2014 02:37 AM #1
Rainmaker
1,174,250
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Will~ thank you! and BTW: the day is perfect, and I going to stay on top of it all day

Mar 16, 2014 02:44 AM #2
Rainmaker
2,658,503
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Jon -- looks like there are some very good opportunities still available for both owner-occupied as well as investor buyers in Long Beach 90802.   You're right, this Sunday is starting off with some very beautiful weather.  Enjoy!

Mar 16, 2014 02:51 AM #3
Rainer
323,810
Scott Larson
BHHS/Utah Properties - Park City, UT
Park City, Utah Real Estate News

Hi Jon, great information and very well presented market report.  You certainly have your hand on the pulse of the Long beach market.

Mar 16, 2014 04:54 AM #4
Rainmaker
910,841
Richard and Beth Witt
Long Island Cash Home Buyer - Massapequa, NY
Long Island Cash Home Buyer 516-330-6940

Great presentation Jon and you certainly do make it easy for buyers and sellers to learn about the process.... Happy Day

Mar 16, 2014 05:14 AM #5
Ambassador
1,516,623
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Great Market Report Jon You are the Long Beach expert

Mar 16, 2014 05:23 AM #6
Rainmaker
681,269
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Jon:  I like your point about listing prices and "Sold", prices.  Seller's need to be constantly aware of the difference.  

Mar 16, 2014 08:36 AM #7
Rainmaker
1,174,250
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

MJ~ even with the earth quake we had this morning, the weather is amazing here, we are so lucky...Thanks for the comment!

Scott~ thank you, it is important to have a grip the community we serve.. Thanks for the comment!

Richard and Beth~ I am doing my best, thank you buyers and sellers need to know how the market is reacting....Thanks for the comment!

Hannah~ hope all is well and thank you talk to you soon!

Jane~ you are so right "the sold price VS the listing price is very important to understand...Thanks for the comment!

Mar 17, 2014 01:52 AM #8
Rainmaker
799,130
Bob Ratliff
Renowned Realty - Austin, TX
"Sold with Bob"

Jon, when it comes to selling and buying Long Beach California real estate your the man for the job. Your charts are easy to read but Sellers and Buyers still need the help of a professional like you to explain sold price and sale price along with others important factors. Happy St Patrick's Day

Mar 17, 2014 02:04 AM #9
Rainmaker
1,174,250
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Bob~ "Happy St Partrick's Day" We had a small earth quake today but all is good! & BTW: great call "buyers and sellers need a real estate professional to sort out all the information and help out in the buying/selling process

Mar 17, 2014 02:19 AM #10
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Jon Kolsky

Licensed California Real Estate Broker
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