Tuesday, October 2, 2007

Weekly Long Beach Real Estate Market Update

Here is a snapshot of the current Long Beach real estate market. For each category, I have provided the minimum, maximum, and median values so that you can get an idea of how things are doing in Long Beach. These statistics are generated by Movoto from all the active Long Beach properties on the multiple listing service. (MLS)

Based on this data, it looks like the typical Long Beach home has 3 bedrooms, 2 bathrooms, and goes for around $520,900.

If you want to learn more about the Long Beach market, an expert Long Beach real estate agent can help! Movoto works with the top agents in Long Beach who can provide expert advice on the neighborhoods and schools. Don't hesitate to contact us today!

Number of homes: 1561
Square Footage - minimum 345 sf, maximum 6,155 sf, median 1,314 sf
Lot Size - minimum 218 sf, maximum 29,300 sf, median 5,350 sf
Bedrooms - minimum 1, maximum 8, median 3
Bathrooms - minimum 1, maximum 7, median 2
Garage Spaces - minimum 0, maximum 10, median 2
Days on Market - minimum 0 days, maximum 740 days, median 70 days
Offered Price - minimum $89,900, maximum $6,200,000, median $520,900
$/sf - minimum $83, maximum $3,653, median $415
$/sf of lot size - minimum $6, maximum $2,424, median $103
$/bedroom - minimum $44,900, maximum $1,750,000, median $195,300

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