January 2024 Market Report for Long Beach and Los Angeles County

LA County and Long Beach Housing Data, Jan. 2024

 Sales growth for Long Beach in January was down by 5%, while the median price climbed upward another 8% to $886,000.

Median price for all of Los Angles County was $925,000, also an increase by 8%.

Look at other cities: Similar median price but far fewer sales, such as Hawthorne, West Covina,, Claremont and San Dimas. 

 So one of the things this chart shows is that Long Beach is more active than other cities: housing variety, larger city, range of prices.

Sales over list price: in Long Beach in January, 49% of sales were over list price, for Los Angeles County it was 39% of sales were over list price.

(This is an interactive chart, display is a screenshot only.  I would be happy to forward the link upon request, it covers all counties and most cities in California.)

NOTE:  The graph at the right shows average home price for Long Beach for February 2024 was $1,086,764, and increase of  11.1%; the median home price in February was $925,000, an increase of 5.7% (compare to January median price of $886,000).

Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996