Condo Median: $526,000 | Condo Average: $566,963
Single Family House Median: $1,072,500 | SFR Average: $1,160,406
Downtown Long Beach - 90802
Single Family Median: $830,000 | SFR Average: $830,000
Condo Median: $514,500 | Condo Average: $575,804
North Long Beach - 90805
Single Family Median: $705,000 | SFR Average: $673,875
Condo Median: $547,400 | Condo Average: $547,400
East Long Beach - 90808
Single Family Median: $1,116,000 | SFR Average: $1,111,824
Condo Sales: None
East Long Beach - 90815
Single Family Median: $1,178,000 | SFR Average: $1,267,962
Condo Median: $547,500 | Condo Average: $591,000
City of Lakewood
Single Family House Median: $871,000 | SFR Average: $934,629
Condo Median: $770,000 | Condo Average: $770,000
City of Signal Hill
Single Family House Median: $1,050,000 | SFR Average: $1,050,000
Condo Median: $625,500 | Condo Average: $650,833
Long Beach Months of Inventory is 2.8 months, an increase from 2.3 months this time last year.
The industry standard for months of inventory is as follows, which shows we are in a seller's market in Long Beach and most other surrounding areas, even though we've seen an increase in listings recently:
Seller’s Market: <= 5.5 months
Balanced Market: >=5.6 and <=6.5 months
Buyer’s Market: >=6.6 months
If I can give you more specific information about your local neighborhood, please contact me. The above figures are by no means all local information.
To see how interest rates are impacting purchasing power, both buyers and sellers should find this public interactive tool very helpful: https://www.car.org/marketdata/interactive/interestrateaffordability
Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996
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