February 2021 Belmont Shore Housing Market in Long Beach CA 90803

I suggest watching the video to learn about the trends for February 2021 Belmont Shore Housing Market In Long Beach CA 90803.  I prefer sharing you the truth about the local real estate market with the most accurate data possible.

Let’s look at Belmont Shore in Long Beach, California and see what the trends are for February 2021.

 

Video of February 2021 Belmont Shore Housing Market

The housing market is always changing, but this year we have seen some interesting changes that will affect how people buy and sell homes here in Belmont Shore.  For example, there is less houses for sale with high demand for housing.  This is causing multiple offers in many neighborhoods in Long Beach including Belmont Shore.

Grab some popcorn and watch my video about the housing market.

 

Quick Summary of Belmont Shore Housing Prices for February 2021

The average selling price of a Belmont Shore house is $1,210,692. That is down 13.3% from a year ago at this time. But why?

 

Let’s explore data…

It takes 40 days for a home to sell in Belmont Shore. That is up 73.90% from 2020 when it took just 23 days.

How much inventory is available for sale?

Not much. Belmont Shore has 1.50% months of supply for sale. That is down from 2020, when there was 3.9 months of supply.

 

What is the average price per square foot for a sold home in Belmont Shore?

$738 per square foot in 2021.

 

Are Belmont Shore homes selling for full price?

No. They are selling for 98.90% of the listed price. I find this helpful to home buyers and sellers to understand the trends in pricing.

 

What is Currently for Sale in Belmont Shore?

Most of homes for sale in Long Beach are selling over the listed price. So, if you want a great home in Belmont Shore, now is the time to buy one. Check out this page on my website for current listings at Homes for Sale in Belmont Shore Long Beach.