$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, 3 full baths
    Home size: 2,341 sq ft
    Lot size: 7,337 sqft
    Year built: 1957
    Parking spots: 2
    Days on market: 4
  2. 4 beds, 3 full baths
    Home size: 3,111 sq ft
    Lot size: 6,146 sqft
    Year built: 1984
    Parking spots: 2
    Days on market: 4
  3. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,250 sq ft
    Lot size: 3,050 sqft
    Year built: 1926
    Parking spots: 2
    Days on market: 6
  4. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,611 sq ft
    Lot size: 4,579 sqft
    Year built: 1975
    Parking spots: 2
    Days on market: 7
  5. 3 beds, 3 full baths
    Home size: 1,788 sq ft
    Lot size: 1.59 ac
    Year built: 1992
    Parking spots: 2
    Days on market: 7
  6. 2 beds, 2 full baths
    Home size: 1,400 sq ft
    Lot size: 25,047 sqft
    Year built: 1985
    Days on market: 10
  7. 4 beds, 2 full, 1 three-quarter baths
    Home size: 3,037 sq ft
    Lot size: 10,900 sqft
    Year built: 1953
    Parking spots: 2
    Days on market: 12
  8. 4 beds, 2 full baths
    Home size: 2,164 sq ft
    Lot size: 12,164 sqft
    Year built: 1957
    Parking spots: 2
    Days on market: 23
  9. 4 beds, 3 full baths
    Home size: 3,030 sq ft
    Lot size: 6,005 sqft
    Year built: 2010
    Parking spots: 2
    Days on market: 24
  10. 4 beds, 4 full baths
    Home size: 2,761 sq ft
    Lot size: 4,241 sqft
    Year built: 1982
    Parking spots: 3
    Days on market: 25
  11. 4 beds, 2 full, 1 three-quarter baths
    Home size: 2,550 sq ft
    Lot size: 4,630 sqft
    Year built: 1914
    Days on market: 31
  12. 3 beds, 3 full baths
    Home size: 2,461 sq ft
    Lot size: 1.38 ac
    Year built: 2006
    Parking spots: 2
    Days on market: 41
  13. 2 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,850 sq ft
    Lot size: 3,100 sqft
    Year built: 1924
    Parking spots: 1
    Days on market: 44
  14. 3 beds, 3 full, 1 half baths
    Home size: 1,702 sq ft
    Lot size: 6,628 sqft
    Year built: 1959
    Parking spots: 2
    Days on market: 54
  15. 3 beds, 2 full, 1 half baths
    Home size: 2,501 sq ft
    Lot size: 3,571 sqft
    Year built: 1987
    Parking spots: 2
    Days on market: 73

See all Real estate in the city of Long Beach.
(all data current as of 3/27/2017)

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, 2 full, 1 half baths
    Home size: 2,770 sq ft
    Lot size: 5,200 sqft
    Year built: 1968
    Parking spots: 2
    Days on market: 73
  2. 4 beds, 2 full, 1 half baths
    Home size: 2,770 sq ft
    Lot size: 5,200 sqft
    Year built: 1968
    Parking spots: 2
    Days on market: 237

See all Real estate in the city of Seal Beach.
(all data current as of 3/27/2017)

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. 4 beds, 4 full baths
    Home size: 2,976 sq ft
    Lot size: 6,257 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 6

See all Real estate in the city of Signal Hill.
(all data current as of 3/27/2017)

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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shannonjones

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Shannon Jones has been helping home buyers and sellers in and around Long Beach since 1998.

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