The Long Beach real estate market is fairly healthy. The median list price is $557,900 and the average home has been on the market for 73 days. In the past month, there have been 330 real estate transactions in Long Beach, with a median sale price of $510,000. The recent sales activity in Long Beach represents a +4.1% change over the prior month.
Live Update Long Beach Closed Transaction Prices The Statistics contained in this link fluctuate monthly so please check back.
There are currently 1,041 Long Beach homes for sale, which equals about 3.2 months of inventory. There are 533 detached homes for sale, 12 townhouses for sale, and 330 condos for sale. In the past 30 days, there have been 465 new listings in Long Beach, 262 price changes, 217 new contracts, and 330 home sales.
It appears that the hot market of previous months is slowly coming to an end. Not sure what the implications of carrying more than 3 months of active inventory are only time will tell.