10/25/2005

Long Beach September Median Price

At $457,000 for both single family homes and condos, Long Beach compares favorably to warmer inland areas which have had rapid growth. This is an increase in median price of 14% over Sept. 2004. compared to the much greater increase in median price many areas. At 454 closed sales for the month, this is as much activity as some traditionally lower priced areas such as Palmdale, Moreno Valley and Murrieta, and more activity than any one city in Orange County for the same time period. See this California city chart.

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