Let’s review the Long Beach condos’ September 2017 pricing trends to understand the real estate market. All of the data is directly from our Southern California Regional Multiple Listing Service (CRMLS).
What is the Average Sales Price of Long Beach condos in September 2017?
The average selling price of Long Beach condos was $392,499, which is up 9.80% from 2016
The average days on market to sell your Long Beach home was 37 days. That is down 36.20% from 2016
Currently, there are 2 months of inventory of Long Beach condos for sale
- 1819 Long Beach condos have sold in 2017. That is UP 8.40% from last year. There is a shortage of condos available for sale on the active market. But, we are constantly talking to homeowners to find which ones would consider an offer if our clients fell in love with their condominium. So, if you can’t find what you are looking for and you become one of our buyer clients, we will do what it takes to find you a condo that fits your criteria!!!
The average price per square foot citywide is $410, which is up 8.50% from a year ago. Of course, the number will be changed based on a property’s square footage. I just wanted to give you an overall view today.
What Percentage of the Listed Price are Sellers Taking for their Long Beach condos?
Long Beach houses are selling for 98.9% of the original listed price. 100% of the listed price would mean that owners are expecting full-price offers. I have seen the numbers at 102% over the list. Each condo building and area is different. This chart represents an Overall Perspective of Long Beach condos.
Video of Long Beach Condos September 2017 Pricing Trends
A quick video summary of Long Beach home sales in September 2017 by Jay Valento
Thinking about Selling Your Long Beach condos in 2017?
Have you thought about selling your home? If so, request a full condo market value report by Jay Valento or an instant condo value. Currently, we have a shortage of condos on the market for sale in Long Beach, and prices are on the rise. I have a lot of buyers looking for condos, and I’m networking with other agents and reaching out to homeowners.
Let’s meet and talk about your Long Beach real estate plans. Call me direct at 562-413-7655 today.
