Downtown Long Beach Condos | Alamitos Beach Condos | State of the Market

Jun
28

Downtown Long Beach Condos | Alamitos Beach Condos | State of the Market

Long Beach Condos State of the Market

As of 6/22/07 there are currently 210 condos for sale in the under $500k range in the Downtown Long Beach and Alamitos Beach areas. They have been on the market for an average of 86 days. One of these has been on the market for 279 days, yeah, that is a really long time.

In the over $500k market there are currently 58 condos for sale, average days on market of 110 days, the longest being on the market for 638 days, which seems ridiculous and could be an error in the MLS. The next longest being 305 days on market and I don't think that one is going to sell anytime soon.

Year to date statistics 1/1/2007 through 6/21/2007 for the Downtown Long Beach and Alamitos Beach communities (Area 4):

165 Condos have closed escrow in all price ranges and all sizes
There are currently 25 condos in escrow accepting back up offers
There are 40 condos pending in escrow at this time
9 condos have been withdrawn from the market
103 condos have cancelled
127 condos have expired

Yes, those numbers are kind of scary. But you can still sell your Downtown Long Beach or Alamitos Beach Condo.

Alamitos Beach-Downtown Long Beach-Ocean Blvd Condos For Sale-Long Beach Real Estate For Sale
Wrigley Homes For Sale $500000 to $600000 Long Beach Ca Real Estate For Sale
Long Beach Homes For Sale $900000 to $1200000-Long Beach Real Estate For Sale
Golden Gate Square Condos-730 W 4th St-Downtown Long Beach Condos For Sale-Long Beach Real Estate For Sale
Emerald Villas Condos-555 Maine Ave-Downtown Long Beach Condos For Sale-Long Beach Real Estate For Sale

Laurie Manny Long Beach Realtor (562) 212-5420
Main Street Realtors Belmont Heights 244 Redondo Avenue Long Beach California 90803
Long Beach Real Estate Blog Long Beach Real Estate Website

http://www.lauriemanny.com/000B26

Posted on June 28, 2007 14:15:49 by Laurie.Manny

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