According to market research by National Association of Realtors, on a national level May 2022 brought 5.41 million in sales, a median sales price of
$407,600, and 2.6 months of inventory. The median sales price is up
14.8% year-over-year, and inventory was up 0.1 months from May 2021.
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| Existing Home Sales May 2022 |
California Association Realtors snapshot of the Long Beach housing market graphic shows a 14% decrease in existing home sales at a $940,000 median price for single family homes, with only a median 8 days on market overall.
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| Long Beach May 2022 Report |
Per Altos Research: More inventory now than any time last year. Still 50-70% fewer than normal.
Julia Huntsman, REALTOR, Broker | http://www.juliahuntsman.com | 562-896-2609 | California Lic. #01188996
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