Long Beach CA Real Estate Market Update August 2020

Long Beach CA Real Estate Market Update August 2020

As we start to wrap up summer, we remain in a strong seller’s market. Relatively low inventory and high demand because of historically low-interest rates are fueling this seller’s market. The time it takes to sell a home is also down significantly when compared to last summer. Prices are up slightly for homes, but down slightly for condos.

While many homes are selling quickly with multiple offers, some neighborhoods are moving more quickly than others, and some areas are showing stronger prices. If you’d like to know about the statistics in your neighborhood or you’re curious about the value of your home in Long Beach CA or surrounding areas, let us know. We’d be happy to help.

Market Update August 2020

Other Areas

While much of Long Beach’s real estate market is similar, there is some variation between zip codes, as illustrated by the numbers below. If you’d like more information, please reach out to us.

90802

90803

90804

90805

90806

90807

90808

90813

90814

90815

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Luxury Real Estate Trends in Long Beach

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Top 5 Tips for First-Time Sellers to Know

The Future of California Home Prices

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About the Author
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Shannon Jones has been providing real estate expertise for buyers and sellers in Long Beach and surrounding areas since 1998. She's no longer personally opening doors, yet she continues to provide guidance, connecting clients with experts and resources developed over decades. A California native, Shannon enjoys gardening, travel, reading, and cooking. Service areas: Long Beach and adjacent communities in Los Angeles County and Orange County.