Real estate market statistics for Long Beach CA

October 2018 Long Beach Real Estate Market Update

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Although the most recent statistics for home sales in Long Beach show that prices are continuing to rise, there are also some signs that the Long Beach real estate market is cooling down a bit. Consider the following: The average time on the market reported for homes that sold last month, September 2018 was 33 days, up 17.9% from the …

Fall 2018 Real Estate Market Update

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Is The Real Estate Market Finally Getting Back to Normal? The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey: After the bubble burst in June 2007, values depreciated 6.1% annually until February …

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Long Beach Real Estate Mid-Year Market Update

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Median home prices have soared in Southern California this summer, hitting new records in Los Angeles County. Yet while the market is quite active, sales are down, inventory remains low and bidding wars are still occurring, particularly in entry-level price ranges. In Long Beach, the median sales price in June was $670,000, up 8.2% from the previous June. However, the …

Long Beach Area Spring Real Estate Market Update

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Nationally, the three most prominent residential real estate market trends are the ongoing lack of inventory, the steadily upward movement of home prices and year-over-year declines in home sales. Those trends are for the most part true in Long Beach as well. The inventory of houses for sale in Long Beach for the past 12 month is 1.8% below the prior year, …

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Higher Home Prices, Interest Rates Ahead in 2018

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Los Angeles and Orange County home owners planning to sell in 2018 will be pleased to find that home prices are expected to continue rising this year For home buyers, the expected price increases combined with historically low inventory and an expected rise in interest rates is translating into a sense of urgency — meaning this is a really great time …

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Why Now Is A Good Time To Move Up To A Luxury Home

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If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Trulia’s Market Mismatch Study recently found that in today’s premium home market, buyers are in control. The inventory of homes for sale in the luxury market far exceeds those searching to purchase these properties in many …

Long Beach

Long Beach Real Estate Market Update – September 2017 Statistics

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Prices Are Up, Inventory is Down in Long Beach: A Look At Recent Long Beach Real Estate Statistics If you’d like more information on price trends in a particular area or if you’d like to know what your home is worth, simply fill out the contact form below and we’ll be happy to get that information to you.

Southern California real estate

Home Prices Soar

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Southern California home prices went up in July across Southern California as the already hot housing market saw continued high demand and persistently low inventory. According to a report from CoreLogic, the six-county Southern California area’s median price climbed 7.7% from a year earlier, hitting $501,000. Despite the fact that the market rebound is now in its sixth year, the …

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Southland Home Prices Keep Rising

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Home Prices Hit Record Again Across Southern California, home prices hit record highs in June and they keep going up, according to a report released this week by CoreLogic. In Los Angeles County, the median home price in June jumped 7.4% from a year earlier to $569,000 in June, breaking the previous record that was set in May. In Orange …

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Summer 2017 Real Estate Market Update

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Homes in Southern California are selling like hotcakes, with record selling times and prices in some local markets. After watching prices climb for five years, some home buyers are feeling that they may miss out on an opportunity to purchase if they don’t act fast; as a result, homes that are attractive and priced well are frequently selling with multiple offers …