Statistics for Real Estate in Long Beach California

Citywide Statistics for Real Estate in Long Beach California View Long Beach condos for sale in Long Beach, California Popular condo buildings include: Aqua Buildings, International Tower, The Pacific, The Meridian, 525 Seaside Way, and The Ocean Club, Belmont Shore real estate for sale Belmont Heights real estate for sale Bixby Hill homes for sale […]

Condos Continue to Sell in Downtown Long Beach CA


Long Beach Condos Sales Report for November 2008

December tends to be a slower month for real estate sales in our market in Southern California but homes and condos are still selling.  Interest rates are down…it really is a good time to buy a property.  Here are November's numbers for you to review;

There are 267 condos for sale in zip code 90802 in downtown Long Beach.  The average price is $456,245.  All of these numbers are from the Southern California mls (multiple listing service) for the zip code of 90802.

Owners Accepting Backup Offers
# of condos: 18
Avg. Listed Price: $258,794
Avg. Square Feet: 927
Avg. $/Square Foot: $293

Pending Sales
# of condos: 42
Avg. Listed Price: $326,391
Avg. Square Feet: 1,026
Avg. $/Square Foot: $309

Closed Sales in November 2008
# of condos: 17
Avg. Listed Price: $365,965
Avg. Square Feet: 1,143
Avg. $/Square Foot: $304
Avg. Days of Market: 82

On average, these listings sold for 13.11% less than asking price.

View condos for sale in Long Beach through our New Interactive Map Property Search program now. For more information on Long Beach housing statistics, read our Long Beach real estate news blog 

Chasing the Turkey or Will He Be Chasing YOU?

Long Beach, California has a lot of activities going on every weekend….it's amazing.  Today is the Annual Turkey Trot 2008 around the city.  It's raining off and on this morning so it should be an exciting run past all of the homes in Belmont Shore, Belmont Heights and other areas in Long Beach.  The race starts in about an hour at the Belmont Pier in Long Beach.

 

90804 Real Estate Sales Report: Long Beach Condos

Long Beach Real Estate Condo Sales for 90804

There were 13 sales of Long Beach condos in the month of October 2008. 

Here are the numbers for you to review: 

  • Average closed sales price was $266,546
  • Average square footage…1,069
  • Average price per square foot is $251
  • Average days on market was 78
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    Related information on the web:

    Downtown Long Beach Condos Sales Report October 2008

    90802 Real Estate for Condos in Downtown Long Beach California 

    Condo Market Trends for October 2008 in 90802 Downtown Area

    Active Listings

  • # of condos: 256
  • Avg. Listed Price: $456,245
  • Avg. Square Feet: 1,060
  • Avg. $/Square Foot: $418

    Accepting Backup Offers

  • # of condos: 6
  • Avg. Listed Price: $308,100
  • Avg. Square Feet: 1,057
  • Avg. $/Square Foot: $312

    Pending Sales

  • # of condos: 36
  • Avg. Listed Price: $264,979
  • Avg. Square Feet: 916
  • Avg. $/Square Foot: $278

    Sold Listings

  • # of condos: 35
  • Avg. Listed Price: $329,183
  • Avg. Square Feet: 971
  • Avg. $/Square Foot: $320
  • Avg. Days of Market: 110

    On average, these listings sold for 9.70% less than asking price.

  • View condos for sale in Long Beach through our New Interactive Property Search program now

  • Affordable Long Beach Condo Under $300,000

    Affordable Long Beach California real estate under $300,000. Live the beach lifestyle along the coastline of Long Beach in a condo. View listings for sale through our EASY to USE interactive map search program or step-by-step solution….(read more)

    Long Beach Marathon Runs Through Downtown

    In just 19 hours, at 6 am on Sunday, October 12th, 2008, the Long Beach Marathon run kicks off through the streets of the city along the coast and bye Cal State Long Beach.  This Long Beach community event sets up like this:

    Start Times 
    6:00 am Bike Tour
    6:15 am Marathon Walkers 
    7:25 am Wheelchair/Handcycle
    7:30 am Marathon/Half Marathon
    8:30 am 5K
    9:00 am Kids 1 Mile Fun Run

    The runners who beign at 7:30 am

    The race begins on Shoreline Drive and weaves its way past the Pike over the Queensway Bridge toward the Queen Mary and then a scenic route near the Aquarium of the Pacific.  Then pass Alamitos Beach on the path on the beach toward Belmont Shore.  This amazing event can be participated by not only the runners, bikers and walkers but by the entire community.  Here is the map of the event.

    The runners will be viewing a lot of downtown Long Beach condos on their run from mile 6.5 to 7.5 and then again on the way back from 12 to the finish of the half marathon or mile 25 to the finish of the full marathon (grin).  Come out and enjoy watching this Long Beach Community event.

     

    Downtown Long Beach Condos Sales Report

    In September there were 30 downtown Long Beach condos that sold in zip code 90802: Month Number of Sales Average Price Average Days on Market Percentage of the List Price vs Sold Price September 2008 30 $343,880 104 90.61% Long Beach Condos are Affordable…(read more)

    Santa Ana Home for Sale at 2105 N Grand Ave, Drops $35,000

    PRICE DROPS BY $35,0000….This three bedroom home could be one of the Best Buys in Santa Ana. It has over 1150 square feet with a spacious living room and dinning area perfect for entertaining your friends and family. Enjoy your contemporary style kitchen with title counter tops and lots of cabinets. Relax on those hot summer days with air conditioning and ceiling fans throughout the home. There is a laundry room off the kicthen. The home has a large park like backyard for summertime fun. Great starter home for anyone…Visit http://www.redwagonteam.com/2105_N_Grand_Avenue.htm for more details and photos.

    Downey CA Home Reduced $20,000

    PRICE REDUCED $20,000….This three bedroom, three bath Downey home could be one of the 'Best Buys' in the Prestigious Northeast Downey area and it's on a cul-de-sac street. A spacious single story home with over 2,300 square feet including a fireplace in both living and family rooms for entertaining. Master bedroom has double mirrored closets with built-in dressers and it's own private bathroom. Enjoy the sparkling California shaped pool in your own backyard paradise perfect for summertime fun. Explore the formal dinning room, kitchen with a pantry, inside laundry room, large bedrooms, hardwood floors under the carpet, wet bar in the family room and air conditioning to keep you cool on those hot summer days. This is not a short sale or bank repo. Large lot with over 9,900 square feet.  To view more details of this listing, visit  http://www.redwagonteam.com/9159_Dinsdale_Street.htm

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