1/28/2005

Long Beach in 2004

How much did appreciation did we get in 2004? According to DataQuick, which tracks real estate data, the number of single family residences and condos sold in LONG BEACH in 2004 was 5,286 at a median price of $370,000--compare that to $285,000 in 2003, an increase in appreciation of 29.82%.

For the entire state, California Association of Realtors reported on January 25, 2004, that the median price of an existing, single-family detached home in California during December 2004 was $474,480, an 18.1 percent increase over the revised $401,720 median for December 2003. The December 2004 median price increased 0.5 percent compared with a revised $471,980 median price in November.

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