Long Beach Homes, Beach Cities Real Estate, Jay Valento Realtor

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Today is a market report of the Long Beach real estate March 2019 housing report to give you insights into trends.

In March 2019, the overall Long Beach real estate market snapshot looks like this:

  • The average selling price of Long Beach houses was $697,815.
  • Homes are selling within 42 days after being listed for sale.
  • Long Beach homes are selling for 97.40% of the listed price.

Long Beach Real Estate March 2019 Numbers by Bedrooms of Single Family Homes

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Long Beach Real Estate March 2019 Housing Market Video

This is an overall housing snapshot of the Long Beach real estate marketplace.  It is a short video to give you some additional insights into housing trends in March 2019.

Long Beach Real Estate March 2019 Trends

 

How Many Long Beach Homes Have Sold Year to Date?

From January 2019 to March 2019, 406 single-family homes have sold so far.  That is down 10.20% from March 2018.  What is happening?  In 2018, there was 1.80 months of inventory for sale.  In 2019, more homeowners put there homes on the market for sale.  Now, there is 2.4 months of supply. 

While a normal market is about 3 months of supply, the more inventory is causing buyers to have more selections in Long Beach.  This is being reflected in the selling price of homes.  Homes in March 2018, were selling for 98.7% of the listed price verse 2019, when homes are selling for 97.40%.  

If you have to sell, price your home a market value.  Then, consider each offer carefully to negotiate the best terms.

Download a PDF of our Long Beach Real Estate Market Trends March 2019 Report

 

What is the Best Month to Sell a House in Long Beach?

 

Our hottest season is between April and September right before school starts.  Families tend to move the most during the summer months.  So, if you are thinking about selling your home in Long Beach.

Here is a historical chart of the best months to sell a house in Long Beach from 2018 to 2015 below.  To find out the current market value of your home, fill out this home value form on my real estate website.

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Will Housing Prices Go Down in 2019 in Long Beach?

It really depends on the US Economy and how high the interest rates go.  When I started real estate in 1993, interest rates were at 14%.  And people were still buying homes and condos.   I just spoke to my lender and his rates for the day are at 4.25% for financing.

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Realty ONE Group Diamond, Coastal Properties by Jay Valento 562-413-7655

Client Reviews

“Jay is a wonderful Realtor, honest and upfront. He communicates clearly and knows the market as well as anyone. He makes the process enjoyable. A lot of brokers are pushy, but not Jay. He is intent on finding the property that best fits his clients’ needs. I will work with Jay again in the future and would gladly recommend him to anyone.”

Josh Frank, Long Beach, California (Buyer)
28 days ago

Jay was awesome. We will highly recommend Mr. Valento to all of our family and friends. He made this very painful experience very smooth and uncomplicated. What a wonderful man…

Downey, California 90240

Jay helped us with an out of state location and went above and beyond to help us get acquainted with the many neighborhoods available. He was also very helpful in helping us to navigate a home purchase in what was for us a very different market. No pressure, put options on the table and helped to navigate the options. We would definitely recommend Jay to the friends we make here in our new home.

Being currently in Texas, Jay Valento worked well with my daughter to find the right property for us. His vast experience and knowledge in real estate and knowing when to give advice really helped us. He responded in a timely manner and available almost 24/7. I highly recommend Jay Valento and I will use him again.

(buying a home in La Habra Heights)

Thank you Jay for being so ethical.

Purchased a home in Huntington Beach, California.

Our Realtor went through the whole home buying process with us, step-by-step. Before we started anything, Jay sat down with us and asked us at length what WE wanted in a home. It was very helpful.            

Jay did Home Tours instead of open houses, with very thorough follow up with all contacts. He did lots of mailers, neighborhood canvassing and property comparisons for prospective buyers in Downey.”                

Jay showed me so many houses that I felt sorry for him but, he found me a great house. Very patient, professional and nice.”

(bought a home in Lake Elsinore)

We received top-notch service from start to finish and would definitely recommend Jay/Realty ONE Group to friends and family without hesitation. Extremely gracious for all of Jay’s hard work – he definitely went the extra mile/above and beyond and made us feel every bit as important as someone making a much larger purchase.

 (purchased a condo in Long Beach)

Thanks Jay for making this a pleasant experience. He is experienced, calm, friendly and provides good advice to move things forward. I highly recommend Jay Valento. He is the best.

(Client owned a Buena Park condo which I helped him sell)

Jay is a great agent, always attentive to our needs. Responded in a timely manner to all of our requests.

(invested in a downtown condo in Long Beach, California)

“Jay Valento was very efficient at getting the sale of our home executed quickly. He followed the paperwork through, scheduled inspections, and in general was there when we needed him to be. The sale went without a hitch! Thank you Jay Valento!”

Seller, Toni Palmer Alabaster, Al,  (sold their family home in Seal Beach, California)

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