Long Beach CA Real Estate Market Update June 2020

Despite the general public’s perception that this is a terrible time to buy or sell a home, properties are still moving and the real estate market in Long Beach CA is hot as we enter the summer season. In fact, many people believe that the latest numbers indicate that the summer real estate season may be the spring real estate season that COVID-19 put on pause.

 

As you can see from the statistics for the housing market in Long Beach CA, sales and new listings are down; however, home prices are up. And inventory is also down from this time a year ago. We are in a strong seller’s market right now in Long Beach CA.

 

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.

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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 bachelor's degree from UC Irvine and a master's 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)