Alamitos Beach Condo Market Report-January-December 2007- Ocean Boulevard Corridor

Alamitos Beach Condo Market Report-January-December 2007- Ocean Boulevard Corridor

Alamitos Beach Condos Market ReportAlamitos Beach-Long Beach California

 

Ocean Boulevard Corridor - January - December 2007

 

 

Active

There are currently 57 Ocean Blvd Corridor Condos in Alamitos Beach for sale. 

 

 

Pending

3 Condos are in escrow :

  • 1 bedroom, 1 bath, 296 sq ft, $195,000, on the market for 9 days.
  • 2 bedroom, 2 bath, 1,080 sq ft, $374,999, on the market for 69 days.
  • 1 bedroom, 1 bath, 841 sq ft, $379,000, on the market for 192 days. 

 

 

Back Up Offers: 

2 Condos are in escrow accepting backup offers:

  • 1 bedrom, 1 bath, 487 sq ft, $399,000, on the market for 44 days.
  • 3 bedroom, 2 bath, 1,400 sq ft, $1,299.000, on the market for 18 days.


 

 

Closed Sales: 

63 Alamitos Beach Condos along the Ocean Blvd Corridor closed escrow Jan.-Dec. 2007:

  • Average Price: $709,511
  • Average Days on Market:  81
  • Sold for 95.18% of Listing Price. 

 

 

Singles

5 Alamitos Beach Condos closed escrow in 2007, square footage ranging from 300 - 702 :

  • Average Price:  $309,702
  • Average Days on Market:  93
  • Sold for 91.94% of Listing price.

 

 

One Bedroom

17 Alamitos Beach Condos closed escrow in 2007, square footage ranging from 616 - 880:

  • Average Price: $438,223
  • Average Days on Market: 53
  • Sold for 96.75 of Listing price.


Two Bedrooms

24 Alamitos Beach Condos closed escrow in 2007, square footage ranging from 958 - 2,100: 

  • Average Price:  $747,641
  • Average Days on Market:  101
  • Sold for 93.80% of Listing Price.

 

 

Three Bedrooms

17 Alamitos Beach Condos closed escrow in 2007, square footage ranging from 1,202 - 3,064:

  • Average Price: $1,044,558
  • Average Days on Market: 78
  • Sold for 96.50% of Listing Price.

 

 

Cancelled: 

54  - Alamitos Beach Condos listed for sale on the Ocean Blvd. corridor were taken off of the market.  Average Days on Market:  98



Expired: 

86 - Alamitos Beach Condos on the Ocean Blvd. corridor, listed for sale, expired in 2007, Average Days on Market: 136

 

 

 

 

Long Beach Relocation Resource Guide



Alamitos Beach Condos and High Rise Condos For Sale


 

 

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Laurie Manny
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(562) 212-5420

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Posted on January 20, 2008 13:10:53 by Laurie.Manny
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Print Laurie.Manny Email 5 feedbacks »
Comment from: Kaye Thomas [Visitor] Email · http://beachcityrealestateinfo.blogspot.com

I'm always amazed at what you can buy in your area. The prices have to be the best of any community that is near the water in the Los Angeles area.

PermalinkPermalink January 21, 2008 16:40:49
Comment from: Laurie Manny [Visitor] Email · http://www.lauriemanny.com/

Kaye,


Long Beach is the last vestige of affordable beach front and beach close property in Southern California.  The prices here amaze me as well.

PermalinkPermalink January 21, 2008 20:04:01
Comment from: california [Visitor] Email · http://www.congressrealty.com

5 out of 57 under contract doesn't seem like that much.  Hopefully things pick up soon.

PermalinkPermalink January 22, 2008 12:50:14
Comment from: Christopher Myers [Visitor] Email · http://www.OrlandoPropertyGroup.com
Laurie, you always have a wealth of information for your Long Beach home buyers and sellers. I love your market reports!
PermalinkPermalink January 22, 2008 20:09:57
Comment from: Laurie Manny [Visitor] Email · http://www.lauriemanny.com/

California Visitor, 5 out of 57 isn't very many but is about par for today's market.  Thank you, we are hopeful that things pick up soon as well. 


 


Christopher, Thank you, so nice of you to visit us.  The information on these market reports is so important for both buyers and sellers.  They are time consuming to prepare, but well worth the effort.

PermalinkPermalink January 23, 2008 02:52:56
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To begin your search for the perfect home or to sell your home in the Long Beach area, begin your journey by calling Laurie Manny at (562) 212-5420.