Is 2021 Still a Good Time to Sell Your House in Long Beach?

Why 2021 Is Still the Year To Sell Your House

Are you considering selling your home in Long Beach, CA? Based on local and national statistics, it’s time to start taking that thought seriously. And although you may have missed the notoriously busy spring and summer selling months, this year that might not matter.

The inventory of homes for sale in Long Beach CA is still very low — far below the demand and homes are selling very quickly.  Last month in Long Beach, homes spent an average of 17 days on the market!


Elsewhere in the country, there are some areas where inventory has started to build and homes may be taking longer to sell than they were six months to a year ago. Part of that may be because of an increased sentiment among would-be home sellers that NOW is the time to sell. According to Fannie Mae’s recent Home Purchase Sentiment Index (HPSI), 75% of today’s homeowners think that 2021 is a good time to sell.

Why 2021 Is Still the Year To Sell Your House | MyKCM

The higher “good time to sell” opinion, has to do with the current seller’s market. Since housing supply is low and buyer demand is high, sellers know that they can sell their homes quickly and for more money. According to the latest data from the National Association of Realtors (NAR), we’re still firmly in a sellers’ market because housing supply is well below a balanced norm. Clearly, the scales are tipped in a seller’s favor today. But while the housing supply is undeniably low, as more homes are listed, the inventory will build if demand doesn’t pick up as well. Why 2021 Is Still the Year To Sell Your House | MyKCMThe graph below shows the Long Beach Inventory Months Supply. It appears that the supply is beginning to trend upward.

As inventory increases and buyers have more options, the time on the market could creep up as well. Each month, buyers will have more options to choose from which means your house may get less buyer attention with time. Danielle Hale, Chief Economist for, explains it like this:

More homeowners continue to list homes for sale compared to a year ago… Notably, while new listings continue to lag behind a more ‘normal’ 2019 pace, the gap is shrinking. Even though homes continue to sell quickly thanks to high demand and limited supply, new listings are subtly shifting the balance of market conditions in favor of buyers.”

The bottom line is that there might not be a better time to sell than right now. To maximize your selling potential, take advantage of this strong seller’s market before inventory starts to increase again.

If you’re thinking about selling your home in Long Beach this year, here’s what you should do now:

1. Get an idea of the value of your home
2. Determine whether or not there are projects or improvements that could add to your home value
3. Determine what timing works best for you
4. Find a real estate agent you can trust

If you have any questions about selling a home in Long Beach or surrounding neighborhoods, give us a call at 562-896-2456.

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About the Author

Shannon Jones has been selling real estate since 1998 and specializes in listing and marketing homes. She has consistently been one of the top Realtors in the Long Beach area. Prior to her award-winning career in real estate with the Shannon jones Team, Shannon has had successful careers in journalism and public relations. She holds a bachelors degree from UC Irvine and a masters degree from UC Berkeley. Shannon holds E-Pro, CDPE (Certified Distressed Property Expert), and PSC (Pre-Foreclosure Specialist) certifications. Shannon is very personable and maintains a very strong moral compass, always putting the best interest of home buyers/sellers above monetary goals. A California native, Shannon enjoys gardening, travel, reading, cooking and poker when she’s not selling homes MY DESIGNATIONS Lic# 01247705 | CDPE (Certified Distressed Property Expert) | E-Pro | PSC (Pre-Foreclosure Specialist) MY SERVICE AREAS Anaheim Bellflower Buena Park Carson Cerritos Cypress Downey Fountain Valley Garden Grove Huntington Beach La Palma Lakewood Long Beach Los Alamitos Los Angeles County Norwalk Orange County Rossmoor San Pedro Seal Beach Signal Hill South Bay Westminster