12/29/2006

People Want to Know

The California market has been holding steady at $545,000 to $550,000 median price, which is a 1.4 percent increase over November 2005. This median includes sales of single family detached homes, per report of 12/21/2006 for November, 2006. The sales time has approximately doubled statewide, and although local figures may vary with some properties selling within 30 days, that's often a fairly true picture of the Long Beach area as well. The median L.A. County single family price is about $590,000, an increase from $583,000 last November. Many of you are interested in the Long Beach area condo pricing, which varies greatly according to location, view, and building amenities. Prices may range from $350,000 and up according to proximity to the ocean and size. Please contact me if you want more information on this or go to
www.juliahuntsman.com and search properties in the 90803, 90814, 90802, 90815 zip codes to get an idea.

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