In Short, yes, prices are declining in Long Beach: Hereâ€™s the specifics: Reference: trulia.com
Average price per square foot for Long Beach CA was $262, a decrease of 16.8% compared to the same period last year. The median sales price for homes in Long Beach CA for Jun 10 to Aug 10 was $310,000 based on 1,172 home sales. Compared to the same period one year ago, the median home sales price increased 5%, or $14,900, and the number of home sales decreased 20.5%.
The average listing price for homes for sale in Long Beach CA was $446,318 for the week ending Sep 01, which represents a decrease of 0.8%, or $3,581, compared to the prior week. Popular neighborhoods in Long Beach include Downtown Long Beach and Belmont Shore, with average listing prices of $325,176 and $1,471,519.
M. C. Campbell, DRE# 01819507