Home > Blogs > California > Los Angeles County > Long Beach > Long Beach CA - Downtown and Alamitos Beach Real Estate Market Trends
688 views

Maya Swamy's Blog

By Maya Swamy | Broker in Long Beach, CA

Long Beach CA - Downtown and Alamitos Beach Real Estate Market Trends

Single Family Home Real Estate Market Trends for Downtown And Alamitos Beach Areas of Long Beach CA

During the month of October the number of homes sold dropped by half compared to September. The sales numbers are similar to August in the Downtown and Alamitos Beach Areas. The number of homes on the market was stable Prices were stable also and the inventory of two months make the Downtown and Alamitors Beach continues to approach a sellers market for single family residences. The following table shows the statistical information real estate market trends for single family residences in the Downtown, Long Beacharea. Single Family Residence Sales in Belmont Shore:

Search For Downtown and Alamitos Beach Long Beach CA Homes Here

Search For Downtown and Alamitos Beach Long Beach CA Condos Here

SINGLE FAMILY REAL ESTATE MARKET OF DOWNTOWM/ ALAMITOS BEACH AREAS OF LONG BEACH CA

LISTINGS
August
September
Number of New Listings
10
5
Number of Homes on The Market
25
23
Average Listing Price
$234,000
$261,000
Listing Price Range
$80,000-$460,000
$109,000-$990,000
   
SOLD PROPERTIES  
Number of homes sold
7
10
Average Selling Price
$245,000
$235,000
Selling Price Range
$90,000-$400,000
$75,000-$473,000
sp/lp
92%
91%
Days on Maket
96
88
Inventory
3.5 Months
2 Months

Search For Downtown and Alamitos Beach Long Beach CA Homes Here

Search For Downtown and Alamitos Beach Long Beach CA Condos Here

 

The Condominium Market in Downtown and Alamitos Beach Areas of Long Beach

The number of condominium units sold in the Downtown and Alamitos Beach Areas of Long Beach showed a slight drop in both sales and price from September. The drop in price however is ust an artifact of some higher priced sales in September. The average days on market for sold properties were just over just over three months while there is an six month supply on the market. Properties on the high end of the price range are not moving. The average price of condos in the sold Downtown and Alamitos Beach areas of Long Beachwas $264,000.

The Condominium Real Estate Market of Downtown Long Beach

LISTINGS
September
October
Number of Homes on The Market
206
194
Average Listing Price
$286,000
$264,000
Listing Price Range
$62,000-$684,,000
$55,000-$1,850,,000
   
SOLD PROPERTIES  
Number of Homes Sold
29
31
Average Selling Price
$233,000
$211,000
Selling Price RaAnge
$83,000-$849,000
$49,000-$576,000
SP/LP
98%
93%
Days on Market of Sold Homes
108
94
Days of Inventory
7 Months
6 Months

 

Search For Downtown and Alamitos Beach Long Beach CA Homes Here

Search For Downtown and Alamitos Beach Long Beach CA Condos Here

 

Long Beach Real Estate Experts

List! Buy! Save! is not your ordinary Long Beach real estate Brokerage. Unlike most real estate companies that force you to do things one way or their way, we believe you should have choices to pick and choose what best fits your individual needs. We are always looking for new ways to make and Long Beach real estate more efficient AND less costly for our clients, without sacrificing quality or service. If you’re looking to buy a home in Long Beach or sell your existing Long Beach property, we will be happy to take care of your real estate needs. Our mission is to provide outstanding customer service while utilizing the best practices and systems available. For more information about List! Buy! Save! real estate services and how we can best serve you, please fill out the online contact form or give us call today!

Maya Swamy, Ph.D
The No Excuses Agent
List! Buy! Save!

DRE Lic 01523840
323.230.9775 begin_of_the_skype_highlighting            323.230.9775      end_of_the_skype_highlighting
Email Maya : maya@listbuysave.com

 

POST
 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer