Market Update for August 2025
Nationally:
U.S. existing-home sales rose 2.0% month-over-month and 0.8% yearover-year to a seasonally adjusted annual rate of 4.01 million units, according to the National Association of REALTORS® (NAR).
New Listings decreased 19.3 percent for Single Family homes and 18.7 percent for Townhouse-Condo homes.
Median Sales Price increased 2.1 percent to $1,190,000 for Single Family homes but decreased 2.1 percent to $700,000 for Townhouse-Condo homes.
Nationally, 1.55 million units were listed for sale heading into August, up 0.6% from the previous month and 15.7% higher than the same time last year, representing a 4.6-month supply at the current sales pace, according to NAR. Inventory is now at its highest level since May 2020....
Below are local market prices in Long Beach for August:
Average Sales Price in August for SFR: $1,158,966. A decrease of over .1% since one year ago.
Average Sales Price in August for Condo: $582,092. An decrease of 2.5% from one year ago.
August 2025 housing for Long Beach
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