Belmont Park Bay
Long Beach
Population: 468,776
Median Household Income: $55,020
Median Commute: 28.00
Long Beach is currently experiencing a period of cultural renaissance that has transformed it from an unrefined Port town to a bustling, vibrant coastal community with growing roots in the arts, entertainment and fine-dining industries. Long Beach real estate is sought after because the city offers year-round sunny skies and moderate, semi-arid weather; more so than most of California’s coastal neighborhoods. Some coast communities experience regular lulls of fog, overcast skies, and immoderate temperatures, but Long Beach’s bay position east of the Palo Verdes Peninsula blocks most of Read More +
Long Beach is currently experiencing a period of cultural renaissance that has transformed it from an unrefined Port town to a bustling, vibrant coastal community with growing roots in the arts, entertainment and fine-dining industries.

Long Beach real estate is sought after because the city offers year-round sunny skies and moderate, semi-arid weather; more so than most of California’s coastal neighborhoods. Some coast communities experience regular lulls of fog, overcast skies, and immoderate temperatures, but Long Beach’s bay position east of the Palo Verdes Peninsula blocks most of these undesirable conditions. As a result, Long Beach boasts temperatures between 67 – 85 degrees 345-days-a-year.

The recent cultural resurgence and ideal coastal position have made Long Beach one of the most coveted areas for owning real estate. Not only is Long Beach presently amongst the most desirable coastal communities to reside in, it’s also the most affordable beach city in southern California.

The combination of the downtown metropolis and its scenic waterfront marina help set the standard for “walk-ability.” Spanning an eight-block area are first-class accommodations, shopping, numerous entertainment options and more than 100 restaurants and bars. Additionally, the Long Beach Convention Center, Performing Arts Center, and several Museums of Art provide venues for the Long Beach Symphony and Orchestra, the Long Beach Opera, and local music festivals such as the annual Bob Marley Reggae Festival.

Other neighborhoods in Long Beach that boast high ‘walk-ability’ scores are Belmont Shore and Naples Island, both convenient to Long Beach’s popular Second Street; California Heights and Bixby Knolls, both convenient to shops and restaurants along Atlantic Avenue; as well as Rose Park, Belmont Heights and Bluff Heights.

Long Beach is the 5th largest city in California and encompasses such a large area that it is informally split into at least 30 different neighborhoods. Each of these features its own distinct character, demographics, and style. Whether you are seeking a funky loft, a sleek ocean-view condo, a historic Craftsman or Mid-Century home, Long Beach has it. Because of all of the residential real estate variety, Long Beach is an optimal place to begin a search for a home. Here, there is a place for everyone.

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90803 Market Update: August 2016

90803

August 2016 Real Estate Market Update for the 90803 Area of Long Beach The 90803 market update includes the neighborhoods of Belmont Shore, Belmont Park, Belmont Heights, Naples, the Peninsula, Bluff Park, Bluff Heights, Spinnaker Bay and Spinnaker Cove, University Park Estate, and Bixby Village After a peak at $1,179,000 in June, the median July 2016 home price was $955,000, 15.8% lower than it was last July. The median sale price of single family homes in 90803 has fluctuated greatly in recent years, but continues to trend upwards despite the highs and lows over the months. Fluctuations in price are not unusual in …


90804 Market Update: August 2016

90804

August 2016 Real Estate Market Update for the 90804 Area of Long Beach Including the neighborhoods of Rose Park and Traffic Circle Area The median home price in 90804 was 38.1% higher in July 2016 than a year ago, and marks a new high in a three year period. Home prices have fluctuated in the area, but the general trend appears to be an increase. There were 12 closed home sales in 90804 in July 2016. Though there were just two closed sales in February, since then the number has climbed substantially. While the number of closed sales have fluctuated a lot …


90806 Market Update: August 2016

90806

August 2016 Real Estate Market Update for the 90806 Area of Long Beach Including the neighborhood of Wrigley and the Surrounding Areas of 90806 Home prices continue to rise in 90806.  As of July 2016, the median price was $481,500, marking a 6.2% growth since last year around the same time. July’s median home price was slightly less than June, however this follows the pattern over the last three years. Even when they are rising, it’s common for prices to experience fluctuation throughout the year. Homes are selling quickly in 90806, with the median time on the market at 31 days in the month …


Great Society Cider & Mead Joins Local Lineup

great society cider

Based in the East Village Arts District, Great Society Cider & Mead is the first of its kind in Southern California as a full service cider tap house. While beer breweries have become prolific in their spread across California, cider and mead have always been something of an afterthought on a drink list. Long Beach itself has become an icon in the Los Angeles area for having such a wealth of craft beer. We’ve welcomed beer newcomers to the area at Ballast Point, Belmont Brewing Co, The Congregation, Beachwood Brewing, and Brouwerij West in recent recall. That’s a lot of representation for …


90807 Market Update: August 2016

90807

90807 Market Update: Real Estate Statistics and Information for the 90807 Areas of Long Beach, CA Including the Neighborhoods of California Heights, Bixby Knolls, Bixby Terrace, and Virginia Country Club Home prices in 90807 have been very volatile over the past several years, peaking in November 2015 at $692,000 and then experiencing periods of decline and growth going into July 2016. In July, the median home price in 90807 was $569,500, which is 8.7% below July 2015. If the area value continues to follow the growth pattern of the last three years, value may rise again in the coming months. The original …