Long Beach CA Real Estate Market Update November 2023

As we approach the end of the year, Long Beach continues to offer a strong real estate market with numerous opportunities for sellers. The increase in prices, coupled with the decline in inventory and sales, creates an environment where homes continue to sell quickly. If you’re thinking about selling your property either now or in 2024, now may be the time to consider how you can take advantage of these favorable conditions.

One of the reasons that inventory has been so low is because “move up” buyers have been locked in place by higher mortgage interest rates. But with a cooler inflation report causing interest rates to edge down this week, it might be time to consider the possibility of a move if you’ve been putting it off.


With inventory remaining low and demand high, sellers have the advantage in this market. With strategic home prepping and pricing, a proven marketing plan, and an experienced agent, you’ll find your home may sell easily — and for top dollar. To get started, with the selling process click HERE for a free home valuation. You can also give us a call at 562.896.2456, or fill out the contact form at the bottom of the page. We’d love to chat with you about your plans!


If you’ve been waiting on the sidelines to purchase a home, it might be time for you to start up your home search again.  It’s beneficial to start preparing for your home search ahead of time and create an effective search strategy since inventory remains low. The right real estate agent will be able to guide you through the home buying process and take away some of the stress that comes with buying a home. We can walk you through the home buying process, refer you to a lender, and create a personalized home search for you. Want more details on buying? You can also download a home buyer’s guide HERE.

What are the latest numbers?


Breakdown of Long Beach’s Numbers

For a quick snapshot of the different zip codes, please scroll down for more information.

Long Beach


Signal Hill

Long Beach Zip Codes

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












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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