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Real Estate Market Update - Long Beach, California

By
Real Estate Agent with The Shannon Jones Team DRE #01247705

According to the local Multiple Listing Service (MLS), there were 183 single family homes that closed escrow in September, 2010. The average sales price was $398,639 and average days on market (DOM) was 69.

Additionally, there are 294 houses currently in escrow as of today, October 6th, with an average list price of $362,917; and there are currently 828 houses on the market. The price range for currently listed homes ranges from $90,000 to $5,500,000, with an average list price of $524,530.

See below tables for details. If you have any questions about price trends in specific areas, please feel free to visit our website, http://www.showmehome.com/  for a comprehensive Market Snapshot.

 

Active - 828 Properties Found

Bedrooms Baths

Square Feet

List Price LP/SqFt Sale Price SP/SqFt SP/LP SP/OLP DOM
Min 0
1
0
$90,000
$0.00
$0
$0.00
109.00%
99.00%
0
Avg 2.9
2.00
1542
$524,530
$319.52
$567
$0.53
109.00%
99.00%
91
Max 7
8
7016
$5,500,000
$1,399.66
$470,000
$434.78
109.00%
99.00%
1116

Pending Sale - 294 Properties Found

Bedrooms Baths

Square Feet

List Price LP/SqFt Sale Price SP/SqFt SP/LP SP/OLP DOM
Min 1
1
0
$70,000
$0.00
$0
$0.00
100.00%
101.00%
0
Avg 2.8
1.75
1360
$362,917
$260.62
$3,350
$1.26
100.00%
101.00%
61
Max 7
6
5176
$3,900,000
$1,223.36
$985,000
$370.30
100.00%
101.00%
522

Closed Sale - 183 Properties Found

Bedrooms Baths

Square Feet

List Price LP/SqFt Sale Price SP/SqFt SP/LP SP/OLP DOM
Min 1
1
0
$100,000
$0.00
$108,000
$0.00
65.00%
58.00%
0
Avg 2.8
2.00
1393
$407,235
$292.81
$398,639
$287.28
98.00%
95.00%
69
Max 5
5
3758
$1,325,000
$574.43
$1,200,000
$561.18
139.00%
139.00%
351

Summary - 1305 Properties Found

Bedrooms Baths

Square Feet

List Price LP/SqFt Sale Price SP/SqFt SP/LP SP/OLP DOM
Min 0
1
0
$70,000
$0.00
$0
$0.00
65.00%
58.00%
0
Avg 2.8
2.00
1480
$471,672
$302.51
$57,016
$40.90
98.00%
95.00%
81
Max 7
8
7016
$5,500,000
$1,399.66
$1,200,000
$561.18
139.00%
139.00%
1116

Posted by

 Shannon Jones

______________________________________________________________________________________

Shannon Jones is a Realtor residing in Long Beach, CA. She leads an award-winning real estate team that has been serving home buyers and sellers in Long Beach and surrounding communities since 1998. Shannon and her team provide their clients with high quality marketing and excellent service. You can check their reviews on Yelp or Zillow.  

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CalBRE License #01247705 / 562-896-2456 / Shannon (at) ShowMeHome.com