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Apr
6


Belmont Heights Market Report – Long Beach California

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Belmont Heights Market Report

Long Beach California

January 1, 2010 – April 6, 2010

Belmont Heights is a lovely, eclectic mix of early century homes, low rise condos, smaller apartment buildings (including some fabulous Spanish duplexes), restaurants, coffee shops, funky stores, galleries and a nice mix of neighborhood friendly small business. Just blocks from the bluffs, overlooking the harbor, the beach, and a short walk into Belmont Shore, Belmont Heights is a tree lined Long Beach Community developed in the early 20th Century, and a great place to call home. Many of the neighborhood homes were originally built as summer cottages mostly between 1905 and 1939, later becoming year round residences. More bungalow style homes can be found here than in any other community of Long Beach.  Read More>>>


Real Estate Sales in Belmont Heights 1/1/2010 – 4/6/2010

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Belmont Heights Homes – Sales 2010


There are currently 52 Homes for sale in Belmont Heights and Alamitos Heights, ranging in price from $330,000 to $2,799,999.

  • Average Price: $902,953
  • Average Days on Market: 110

12 Belmont Heights Homes are in escrow, accepting Back-Up offers.

  • Average Price: $777,491
  • Average Days on Market: 91

10 Belmont Heights Homes are Pending in escrow:

  • Average Price: $684,480
  • Average Days on Market: 97

107 Homes in Belmont Heights closed escrow year to date.

  • Average Price: $665,360
  • Average Days on Market: 87

Belmont Heights Own Your Own and Coop Sales 2010


No Coop’s or OYOs sold in Belmont Heights in 2008.  No Coop’s sold in Belmont Heights in 2009. Lagging sales in the OYO and Coop sector were and still are a direct result of the difficulty in obtaining financing for OYO’s and Condos.  Most sales in this sector are all cash.

Long Beach Own Your Owns-OYO-OYOs-in Long Beach - The OYO-Own Your Own form of ownership is a constant source of confusion for many buyers of Long Beach real estate, here you will find a simple explanation.

Long Beach Stock Cooperatives – Stock coops are another misunderstood form of ownership, here you will find a simple explanation.

No Stock Co-op sales in 2010

1 Belmont Heights OYO is in escrow, accepting Back-Up offers.

  • Listing Price: $108,000
  • Days on Market:  98

1 OYO in Belmont Heights closed escrow year to date.

  • Average Price: $75,000
  • Average Days on Market: 38

Belmont Heights and Alamitos Heights Condo Sales 2010


There are 52 Belmont Heights Condos For Sale ranging in price from $89,900 to $825,000.

  • Average Price: $332,602
  • Average Days on Market: 76

12 Belmont Heights Condos are accepting Back-up Offers

  • Average Price: $280,566
  • Average Days on Market: 116

11 Belmont Heights Condos are Pending in Escrow

  • Average Price: $314,690
  • Average Days on Market: 51


23 Belmont Heights Condos have closed escrow year to date.

  • Average Price: $327,391
  • Average Days on Market: 84


Belmont Heights Income Properties – Sales 2010


There are 21 Belmont Heights income properties for sale, ranging in price from $469,000 (duplex-306 DOM) to $16,900,000 (74 units-279 DOM ).

  • Average Price: $1,799,752
  • Average Days on Market: 177

1 Belmont Heights Income Property is currently accepting Back Up Offers.

  • Average Price:  $299,000
  • Average Days on Market:  112

7 Belmont Heights Income Properties are Pending in escrow.

  • Average Price: $823,614
  • Average Days on Market:  97

6 Belmont Heights Income Properties Sold year to date.

  • Average Price: $723,770
  • Average Days on Market: 46


Belmont Heights Real Estate For Sale – Long Beach California

Feed is updated on a regular basis:

(Direct feeds from the Southern California MLS)

Belmont Shore and Naples Island Luxury Real Estate For Sale


Long Beach Homes For Sale


Long Beach Condos For Sale


Long Beach Income Properties For Sale

Contact us for further information on any of these Long Beach properties (562) 212-5420.  It will be our privilege to assist you in your next real estate purchase.

Belmont Heights Homes – Sales 2010

There are currently 52 Homes for sale in Belmont Heights and Alamitos Heights, ranging in price from $330,000 to $2,799,999.

  • Average Price: $902,953
  • Average Days on Market: 110

12 Belmont Heights Homes are in escrow, accepting Back-Up offers.

  • Average Price: $777,491
  • Average Days on Market: 91

10 Belmont Heights Homes are Pending in escrow:

  • Average Price: $684,480
  • Average Days on Market: 97

107 Homes in Belmont Heights closed escrow year to date.

  • Average Price: $665,360
  • Average Days on Market: 87

 


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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Belmont Heights Market Report – Long Beach California
Posted on April 6, 2010 by Laurie Manny

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Laurie Manny

\"\"

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

Lic.#01321200

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(562) 212-5420


Contact Laurie

Long Beach Real Estate Blog

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