$1 million homes for sale in Long Beach CA

What Does One Million Dollars Buy You?

shannonjones Featured Articles , Real Estate Leave a Comment

Hint:  It’s not necessarily a mansion.

At one time homes for one million dollars and above were automatically considered “luxury real estate.” You might picture a waterfront mansion with a Jaguar out front in the circular drive. Yet home prices have been on the rise across the country and locally, and recently San Jose, Calif. was in the news when the average home price hit more than one million. Although nationally the median home price was just $240,700 in the second quarter of 2016, that doesn’t buy you much in many parts of California. What does one million dollars really buy you in some local areas?

Let’s take a look:

Long Beach

The average home price in Long Beach last month was $631,240, up 7.8% from August of 2015. Long Beach has everything from affordable condos to waterfront mansions. Here’s what $1 million will buy you in the state’s seventh largest city.

  1. 3 beds, 2 baths
    Home size: 1,416 sq ft
    Lot size: 2,178 sqft
    Year built: 1930
    Days on market: 2
  2. 5 beds, 3 baths
    Home size: 2,324 sq ft
    Lot size: 6,098 sqft
    Year built: 1947
    Days on market: 4
  3. 5 beds, 3 baths
    Home size: 2,652 sq ft
    Lot size: 5,227 sqft
    Year built: 1965
    Days on market: 10
  4. 2 beds, 2 baths
    Home size: 1,008 sq ft
    Lot size: 2,178 sqft
    Year built: 1944
    Days on market: 11
  5. 3 beds, 2 baths
    Home size: 1,182 sq ft
    Lot size: 2,178 sqft
    Year built: 1927
    Days on market: 11
  6. 2 beds, 2 baths
    Home size: 1,301 sq ft
    Lot size: 2,613 sqft
    Year built: 1926
    Days on market: 20
  7. 3 beds, 2 baths
    Home size: 1,528 sq ft
    Lot size: 3,484 sqft
    Year built: 1961
    Days on market: 21
  8. 4 beds, 3 baths
    Home size: 2,062 sq ft
    Lot size: 5,662 sqft
    Year built: 1919
    Days on market: 25
  9. 4 beds, 3 baths
    Home size: 2,978 sq ft
    Lot size: 9,583 sqft
    Year built: 1995
    Days on market: 33
  10. 2 beds, 2 baths
    Home size: 1,369 sq ft
    Lot size: 1.59 ac
    Year built: 1992
    Days on market: 36
  11. 3 beds, 2 baths
    Home size: 1,217 sq ft
    Lot size: 3,049 sqft
    Year built: 1940
    Days on market: 54
  12. 2 beds, 2 baths
    Home size: 1,633 sq ft
    Lot size: 24,829 sqft
    Year built: 1986
    Days on market: 55
  13. 4 beds, 3 baths
    Home size: 3,030 sq ft
    Lot size: 5,227 sqft
    Year built: 2005
    Days on market: 71
  14. 3 beds, 2 baths
    Home size: 1,259 sq ft
    Lot size: 19,602 sqft
    Year built: 2001
    Days on market: 72
  15. 2 beds, 2 baths
    Home size: 1,460 sq ft
    Year built: 2007
    Days on market: 211

See all Real estate in the city of Long Beach.
(all data current as of 6/28/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Seal Beach

Just south of Los Angeles County, Seal Beach has a quaint main street, beautiful sandy shores and an average home price of $1,145,562 as of August 2016. While slightly down from the previous month, the average home price last month was 20% above its August 2015 level.

Here’s the homes available right around that $1 million price in Seal Beach.

  1. 4 beds, 3 baths
    Home size: 2,120 sq ft
    Lot size: 5,662 sqft
    Year built: 1960
    Days on market: 3
  2. 3 beds, 2 baths
    Home size: 1,479 sq ft
    Lot size: 5,227 sqft
    Year built: 1959
    Days on market: 6
  3. 4 beds, 3 baths
    Home size: 2,542 sq ft
    Lot size: 4,791 sqft
    Year built: 1967
    Days on market: 17
  4. 3 beds, 2 baths
    Home size: 1,579 sq ft
    Lot size: 4,791 sqft
    Year built: 1957
    Days on market: 19

See all Real estate in the city of Seal Beach.
(all data current as of 6/28/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Signal Hill

Signal Hill has had much wider swings in home price trends in recent years than Long Beach, which surrounds it. As of August 2016, the average price for a house in Signal Hill was $694,543, up 7.8% from August 2015.  Here’s what one million garners you in Signal Hill

  1. 3 beds, 3 baths
    Home size: 2,177 sq ft
    Lot size: 8,175 sqft
    Year built: 2004
    Days on market: 64

See all Real estate in the city of Signal Hill.
(all data current as of 6/28/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Lakewood

While home prices have been on the rise in Lakewood, it remains more affordable than its neighbor to the south, Long Beach. The average home price in Lakewood in August 2016 was just $531,851. Homes in the $1 million range in Lakewood are typically locate in the Lakewood Country Club Area.

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