Market update July 2026
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| Closed Sales July 2026- PWR Region |
The basic story here is that, for the entire area covered by Pacific West Board of Realtors in multiple cities on either side of the the Orange County line, single family sales volume in July of this year is somewhat lower at 1,682 single family homes sold compared to the last two years, and still trends downward since the beginning of 2026. But condo sales volume for the region is somewhat higher for July compared to 1 year ago, but has also trended downward in 2026. This varies by local areas, of course.
Condos in Long Beach have been taking longer to sell in many cases, and condo average price of $612,550 in Long Beach has also trended downward by .8% since July 2025, while the months supply of inventory has increased to 5.4 months, up 1.9% since July of last year. Months supply of inventory for SFRs (average price $1,258,158) in Long Beach has decreased to 3.1 months since July of last year, down 11.4% since July of 2025. Traditionally, 6 months of inventory was a "normal" market inventory.
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| PWR Region Snapshot |
For a comprehensive local level CMA, reach out to
Julia Huntsman at Huntsman Properties, julia@abodes.realestate.
For local neighborhood updates in Long Beach, go to my Latest Market Reports and Statistics, automated reports (every 2 days), at https://www.abodes.realestate/market-reports-newsletter
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