| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Downtown Long Beach | $249,500 | -0.9% | $254,527 | $251,753 | $325,000 | Long Beach | $300,000 | -7.7% | $290,000 | $325,000 | $407,000 |
The median sales price for homes in Downtown Long Beach for Aug 09 to Oct 09 was $249,500. This represents a decline of 2%, or $5,027, compared to the prior quarter and a decrease of 0.9% compared to the prior year. Sales prices have depreciated 23.2% over the last 5 years in Downtown Long Beach, Long Beach.
The median sales price of $249,500 for Downtown Long Beach is 16.83% lower than the median sales price for Long Beach CA. Average listing price for homes on Trulia in Downtown Long Beach was $350,422 for the week ending Nov 10, which represents an increase of 2.7%, or $9,358 compared to the prior week and an increase of 5.1%, or $16,983, compared to the week ending Oct 20. Average price per square foot for homes in Downtown Long Beach was $240 in the most recent quarter, which is 8.05% lower than the average price per square foot for homes in Long Beach.
| Neighborhood | Week ending Nov 10 | w-o-w | Week ending Nov 3 | Week ending Oct 27 | Week ending Oct 20 |
|---|---|---|---|---|---|
| Downtown Long Beach | $350,422 | +2.7% | $341,064 | $336,256 | $333,439 | Long Beach | $484,585 | -0.4% | $486,361 | $489,306 | $495,511 |
| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Downtown Long Beach | $240 | -1.6% | $544 | $244 | $348 | Long Beach | $261 | -6.5% | $315 | $279 | $364 |
| Neighborhoods | Week ending Nov 11 |
w-o-w | Week ending Nov 4 |
Week ending Oct 28 |
|---|---|---|---|---|
| Downtown Long Beach | 1 | — | 1 | 1 |
| Belmont Heights | 2 | — | 2 | 2 |
| Eastside | 3 | +1 | 4 | 4 |
| Belmont Shore | 4 | -1 | 3 | 3 |
| West Side | 5 | +3 | 8 | 6 |
| South of Conant | 6 | +3 | 9 | 11 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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