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Sep
29


Alamitos Beach Condos Market Update-2008-Long Beach Real Estate Sales

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Alamitos Beach Condos Market Update

Ocean Boulevard Corridor Condo Sales

2008 Long Beach Real Estate Sales

January 1, 2008 – September 29, 2008

Active

There are currently 57 Ocean Blvd Corridor Condos For Sale in Alamitos Beach, many with fantastic waterfront views, some with city lights views.

  • 22 condos are priced under $500,000
  • 23 condos are priced between $500,000 and $1,000,000
  • 11 condos are priced at between $1,000,000 and $2,000,000
  • 1 condo is priced at $2,399,0000

  • Average Price: $732,822 down from 9/29/2008’s $788,490
  • Average Days on Market: remains at 100 days since our last update on 9/29/08

Pending

9 Alamitos Beach Condos on Ocean Blvd. are pending in escrow.

  • 2 One Bedrooms Condos: 1 @ $229,000, 626 sq ft; 1 @ $357,000, 732 sq ft
  • 3 Two Bedrooms Condos: 1 @ $299,900, 1,104 sq ft; 1@ $549,000; 1 @ $979,000, 1,550 sq ft
  • 4 Three Bedroom Condos: 1 @ $549,900, 1,542 sq ft; 1 @ $629,900, 1,282 sq ft; 1 @ $799,000, 1,330 sq ft; 1 @ $1,649,000, 1800 sq ft

  • Average Price: $671,300 well up from last months $382,225
  • Average Days on Market:79 which is well down from last months 153

Back Up Offers

3 Alamitos Beach Condos on Ocean Blvd.
 are in escrow accepting back up offers:


  • 1 bedroom, 1 bath,706 square feet; $230,000
  • 1 bedroom, 1 bath, 700 square feet; $245,000
  • 1 bedroom, 1 bath, 814 square feet; $499,999

  • Average Price: $324,999 well down from last months $797,999
  • Average Days on Market: 100 well up from last months 62

Closed Sales:

40 Alamitos Beach Condos on Ocean Blvd. have closed escrow this year (2008) to date:

  • 25 Under $500,000
  • 13 Between $500,000 and $1,000,000
  • 2 over $1,000,000

  • Average Price: $535,878 which is about the same as last months average $532,077
  • Average Days on Market: 77 up slightly from last months 69

Cancelled


40 – Alamitos Beach Condos listed for sale on the Ocean Blvd. corridor were taken off of the market. Average Days on Market: 144


Expired

51 – Alamitos Beach Condos on the Ocean Blvd. corridor, listed for sale, expired in 2008, Average Days on Market: 159

Hold

4 Alamitos Beach Condo Owners have placed the sale of their homes on hold.


Leased

5 Alamitos Beach Condos have been leased.

  • 1 bedroom, 880 sq ft, $2,500
  • 2 bedroom, 1,542 sq ft, $2,800
  • 2 bedroom,1,368, $2,750
  • 2 bedroom, 2,245, $4,900
  • 3 bedroom, 1,400, $3,500


Long Beach Relocation Resource Guide

Alamitos Beach and Downtown Long Beach Condos and High Rise Condos For Sale

Alamitos Beach and Downtown Long Beach Homes For Sale

Prefer Luxury Waterfront Long Beach Homes with room for a boat?

Try Spinnaker Bay.

Or perhaps the Belmont Shore and Naples areas:

 


Laurie Manny
Long Beach Realtor (562) 212-5420

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Main Street Realtors Belmont Heights 244 Redondo Avenue Long Beach California 90803

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Long Beach Real Estate BlogLong Beach Real Estate Website

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Alamitos Beach Condos Market Update-2008-Long Beach Real Estate Sales
Posted on September 29, 2008 by Laurie Manny

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Laurie Manny

\"\"

Main Street Realtors
Belmont Heights
244 Redondo Avenue
Long Beach California 90803

Lic.#01321200

.

(562) 212-5420


Contact Laurie

Long Beach Real Estate Blog

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