Long Beach Condos Sales Report November 2008

Condo Market Trends for November 2008 in 90802 Downtown Area

Long Beach Condos for Sale Now
Number of condos: 267
Avg. Listed Price: $456,245
Avg. Square Feet: 1,047
Avg. $/Square Foot: $410

Owners Accepting Backup Offers
# of condos: 18
Avg. Listed Price: $258,794
Avg. Square Feet: 927
Avg. $/Square Foot: $293

Pending Sales – not accepting backup offers
# of condos: 42
Avg. Listed Price: $326,391
Avg. Square Feet: 1,026
Avg. $/Square Foot: $309

Closed Long Beach Condo Sales in November 2008
# of condos: 17
Avg. Listed Price: $365,965
Avg. Square Feet: 1,143
Avg. $/Square Foot: $304
Avg. Days of Market: 82

On average, these listings sold for 13.11% less than asking price.

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