As you look at the current Long Beach market statistics, you need to determine what the trends are so you make good investment decisions.
Is it a buyer’s market where prices are low and inventory is high or is it a seller’s market where there is higher prices and lower inventory?
The more you know about a city’s real estate market the better. All of our data comes directly from the California Regional Multiple Listing Service (mls) and updates monthly.
Local Long Beach CA Data Trends
Big real estate portals like Zillow and Trulia don’t have access to this data so our data is more accurate. Accuracy is key when it comes to pricing Long Beach homes or Long Beach condos.
Should I Trust Zillow or My Local Long Beach Real Estate Pro?
One of our clients was thinking about buying a home that was listed for $500,000 and said “Zillow says it is worth $700,000″.
I said it was not true. I provided real data to show them the TRUE market value that it was worth $500,000.
Appraisers look at real data and don’t use online market sites to determine a market value for the banks. They want the current market value of a home to loan against the value.
Long Beach CA Real Estate Market Trends: October 2022
This is an interactive Long Beach homes pricing chart that takes a live data feed from our California Regional MLS.
October Housing Prices Long Beach California
|Long Beach Housing Prices for Single Family Homes||October 2022|
|Average selling prices of houses||$1,038,971|
|Average days on market||19|
|Average price per square feet||$678,20|
|Percentage of the listed price homes sell for||102.34%|
|Total Long Beach homes closed sales Year to date||1,510|
Long Beach Condos Average Selling Prices
Review the current pricing trends for Long Beach condos overall below and then check out what Long Beach condos are for sale.
|Long Beach, California Condos Trends||October 2022|
|Average selling prices of condos||$555,221|
|Average days on market before they sell||20|
|Total Closed Sales of Condos in 2022 so far||834|
|Percentage of the listed price condos sell for||102.16%|
Long Beach Townhomes Average Selling Prices
|Long Beach Townhouses Trends||October 2022|
|Average selling prices of townhomes||$829,534|
|Average days on market to sell||17|
|Total Townhome sales year to date||58|
|Percentage of the listed price condos sell for||103.33%|
Do you need Long Beach market statistics for your neighborhood or condo community?
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