Belmont Shore Housing Report March 2020 Trends

Let’s review the current Belmont Shore housing report March 2020.  What are the average Belmont Shore home selling prices in Long Beach?

Despite the COVID-19 virus, houses and condos are still selling in Long Beach.  A little slower but I still get calls to show properties and take listings.

Albeit, there are few more precautions I need to take now then I did a couple of months ago.

I have new real estate tool that I am beta testing for vendor of mine.  It’s awesome so far.

It takes the data direct from my MLS and property data records to create informative reports.  I wanted to share with you the current numbers from January 2020 to March 2020.

Video: Belmont Shore Housing Report March 2020 by Jay Valento

This is a quick 2:47 minute video so you can quickly get an idea of the real estate trends in the Belmont Shore area of Long Beach.

 

I live in Belmont Shore here in Long Beach, California. This neighborhood has a combination of single family homes and apartment buildings throughout the area. Today, I want to focus on the Belmont Shore real estate market for March 2020.

It seems like everyone has an opinion about home prices. One of my clients is waiting for the prices to go down. He thinks everyone is dropping their prices. Some people do when they start to high in pricing their homes.

I look at the market prices everyday for Belmont Shore, Long Beach and surrounding cities. Let’s look at the numbers and see if we can spot a trend in home pricing for the popular Belmont Shore neighborhood.

What Do The Belmont Shore Home Sales Numbers For March 2020

The average selling price of single family homes in March 2020 is $1,4,85,285. 

Let’s see how long does it take to sell home in Belmont Shore Long Beach in 2020.  The numbers show that it takes 60 days to sell a home from the time it was listed until it goes under contract.

How Flexible Are Belmont Shore Real Estate Prices in March 2020?

In 2020, homeowners are selling their homes for 97.35% of the listed price. The more competition, the more flexible the prices are going to be in most markets.

Average Price per Square for Single Family Home in Belmont Shore is…$754

 

Get a Free Copy of the Belmont Shore Insider Market Report Today

If you want to know what is happening in the Belmont Shore Long Beach real estate market March 2020, then watch this short video above.  Or request a free copy of the Belmont Shore Insider Market Report.  Just fill out the form below and Jay Valento of Realty ONE Group Diamond will send you a copy via email.

 

As a local Long Beach Realtor®, I will share with you the overall view of the housing prices so you can gather some wisdom to make good investment decisions. Subscribe to my Youtube Channel for Southern California real estate.