I thought I share with you a quick update on the Long Beach real estate trends for March 2019.
Long Beach Real Estate Trends March 2019
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Average selling price of a house in Long Beach is $697,815; that’s up 2.70% from March 2018
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It takes an average of 42 days on a home being on the market for it to sell; that’s up 13.50% from 2018
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There are 2.30 months of inventory for sale; that’s up 27.80% from March 2018 – that means there are more homes for sale this year over last year.
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Average price per square feet is $471 city wide
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Homes are selling for 97.40% of the listed price.
Long Beach real estate numbers for condos & townhomes
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Average selling price of condos in Long Beach is $418,273; that’s down 1.80% from March 2018
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It takes an average of 45 days on a home being on the market for it to sell; that’s up 32.40% from 2018
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There are 2.30 months of inventory for sale; that’s up 27.80% from March 2018 – that means that there are more condos for sale in Long Beach in 2019.
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Average price per square feet is $464 city wide
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Condos are selling for 97.10% of the listed price.
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