Long Beach, CA Real Estate Market Update.

Long Beach Real Estate Market update.

Visit www.TeamReyesRealEstate.com finally a single place filled with
additional Tips and ideas to make the home selling and buying process easier.

The Long Beach real estate market is healthy. The median list price is
$599,995 and the average home has been on the market for 71 days. In the past
month, there have been 359 real estate transactions in Long Beach, with a
median sale price of $549,900. The recent sales activity in Long Beach
represents a -2.7% change over the prior month.

There are currently 841 Long Beach homes for sale, which equals about 2.3
months of inventory. There are 453 detached homes for sale, 18 townhouses for
sale, and 223 condos for sale. In the past 30 days, there have been 392 new
listings in Long Beach, 248 price changes, 189 new contracts, and 359 home
sales.

If you are interested in determining your homes value please visit @@ CHECK
YOUR HOME VALUE HERE!! www.HomeValueSocal.com @@CHECK YOUR HOME VALUE HERE!!

For a detailed look at the actual Long Beach Housing numbers click on the
individual links for a year to date as it compares to the historical numbers.

You may want to bookmark this post full of dynamic links which fluctuate day
to day.

We are Long Beach Real Estate Agents and are available to answer your calls
562-326-2127

New Listings

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uwv-0U5

Active Listings

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uwn-RS7

Pending Sales

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSd-dtr

Closed Sales

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uS7-AcC

Days on Market

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSE-PeD

Months of Supply

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uS3-K7C

Median Price Per Square Foot

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSs-tG7

Percentage of List Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSM-a7L

Percentage of Original Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSe-PkG

Final Median Sales Price

http://crmls.stats.10kresearch.com/infoserv/s-v1/2uSG-GQd

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California pending home sales continue to spiral downward. 

June REALTOR® Market Pulse Survey**:
Entering the summer months, the housing market is showing signs of slowing as REALTORS® begin to grow cautious about dwindling inventory and curbed affordability.

For the full report, visit the link below. If you are a home owner in the Long Beach, CA or surrounding areas Team Reyes is positioned to help navigate this changing market. 

http://www.car.org/aboutus/mediacenter/newsreleases/2017releases/jun2017pending

California Real Estate Market LandScape is Changing.

California pending home sales stumble for fifth straight month in May

LOS ANGELES (June 28) – Even with a strong performance in May closed escrow sales, California pending home sales fell for the fifth consecutive month, suggesting the state’s housing market may underperform over the next few months, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

Along with the decline in pending sales, REALTORS® are more cautious due to their growing concern over supply and affordability issues, C.A.R.’s May Market Pulse Survey** found. REALTORS® also saw fewer floor calls, and less open house traffic than in April.

For a Complimentary Report of the state of the housing market click learn more. Lastly we are continuing to see increases in cities of Downey, Long Beach and Whittier Real Estate.

Also to instantly determine your homes value visit http://www.HomeValueSocal.com

 

california state of the market