May 9th Monday Market Update is back!

 
 

We are seeing signs of a stable yet continued real estate recovery in Long Beach. Condo prices continue to increase with the median condo price at $392,450 and 64 days on market.

Single family home median price also trending up at $609,900. 

Condos are seeing 26% of listings with a price decrease, single family homes at 29%, which indicates that overpriced homes will not sell until they reach a realistic market value, while we are in a strong sellers market, buyers will not over