The luxury market in many areas has taken a surprising jump up, Long Beach included. In fact, Los Angeles County for the quarter ending September, 2020, has had the most sales over $1,000,000 compared to the rest of the state, including the Bay Area.
In Long Beach 90803 zip code alone, there were 52 residential sales over the $1 million mark ending in the 3rd quarter, and the average of the median price was over $1.382 million. That was up 4% from the prior quarter. Bixby Knolls was up 325% from the prior quarter, with 17 sales with median average price at $1.370 million. Zip code 90808 (east Long Beach) had 11 sales averaging over $1 million, and 83% increase over the prior quarter. The most expensive home sold in the last quarter was over $4 million.
The graphic shows more detail about Long Beach luxury sales.
Julia Huntsman, REALTOR, Broker | www.juliahuntsman.com | 562-896-2609 | California Lic. #01188996
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