Downtown Long Beach Homes - 2007 Market Report - Long Beach Homes and Condos For Sale

Sep
04

Downtown Long Beach Homes - 2007 Market Report

Downtown Long Beach Homes 2007 Market Report

1/1/2007 - 8/31/2007

There are currently 17 single family Downtown Long Beach homes on the market, ranging in price from $240,000 (672 sq ft) to $735,000 (2,293 sq ft); average 95 days on market.

8 have garages
3 have 2 car garages

#	Bed	Bth	St	Gar	SqFt	YBlt	List Price	DOM
1	2	1	1	0	672	1923	$240,000	64
2	2	1	1	0	816	1923	$249,000	123
3	1	1	1	1	681	1922	$349,000	8
4	3	1	1	0	700	1904	$375,000	216
5	2	2	2	1	1,200	1922	$375,000	64
6	3	1	1	0	1,040	1913	$399,000	215
7	2	2	1	0	1,164	1904	$399,000	51
8	2	1	1	2	1,012	1912	$399,900	79
9	2	1	1	0	688	1914	$413,900	162
10	3	1	1	0	1,050	1913	$460,000	127
11	3	1	1	1	1,177	1921	$479,000	42
12	3	3	1	1	1,520	1906	$519,000	163
13	3	2	1	0	1,138	1907	$569,000	92
14	3	2	2	2	1,800	1907	$599,000	104
15	2	1.5	1	0	1,544	1905	$599,000	69
16	5	2	2	1	2,082	1907	$649,000	6
17	4	2	2	2	2,293	1918	$735,000	28

Average ( ListPrice / SqFt ) $ 379.62

There are 4 single family Downtown Long Beach homes in escrow, ranging in price from $299,900 (665 sq ft) to $525,000 (1,424 sq ft); average 43 days on market.

3 have garages

#	Bed	Bth	St	Gar	SqFt	YBlt	List Price	Pending Date	DOM
1	2	1	1	0	665	1920	$299,900	12/09/2005	24
2	3	1	1	1	976	1922	$299,999	8/15/2007	1
3	3	2	1	2	1,552	1907	$480,000	8/17/2007	53
4	4	3	2	4	1,424	1901	$525,000	7/13/2007	92

Average ( ListPrice / SqFt ) $ 347.68

14 Downtown Long Beach homes have closed escrow this year ranging in price from $275,000 (600 sq ft) to $625,000 (2,355 sq ft); average 85 days on market.

9 have garages
2 have 2 car garages

#	Bed	Bth	St	Gar	SqFt	YBlt	Sold Price	Sold Date	DOM
1	2	1	1	0	600	1912	$275,000	7/02/2007	282
2	1	1		1	468	1921	$321,500	2/20/2007	93
3	3	1	1	1	976	1922	$303,000	7/25/2007	8
4	2	1	1	0	836	1927	$360,000	5/18/2007	95
5	2	1	1	1	1,134	1919	$399,000	4/09/2007	145
6	4	2	1	1	1,405	1902	$421,000	3/31/2007	6
7	2	1	2	1	1,158	1913	$442,600	5/31/2007	7
8	2	1	1	2	892	1915	$440,000	4/01/2007	150
9	2	1.25		1	1,026	1906	$450,000	3/06/2007	20
10	2	3	2	0	1,594	1933	$500,000	1/05/2007	40
11	3	1	1	1	1,040	1906	$460,000	6/15/2007	73
12	3	3	2	0	1,500	1907	$499,000	7/16/2007	60
13	3	1.75	2	0	1,870	1915	$481,900	3/27/2007	144
14	3	2	2	2	2,355	1920	$625,000	1/15/2007	64

Average ( SalePrice / SqFt ) $ 354.65
Average 97% Selling Price to List Price
Average Selling Price per square foot $390.26

5 Cancelled Listings
1 Withdrawn Listing
14 Expired Listings

2006 Sales Comparison 1/1/2006 - 8/31/2006

21 Downtown Long Beach Homes sold in 2006 in the same time period.
Average sale price: $463,185
Sale price per square foot: $403.31
Average 99.44% Selling price to List price.
Average Days on Market: 69
Average ( SalePrice / SqFt ) $ 378.11

See also:

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/000DF9

Posted on September 04, 2007 21:53:15 by Laurie.Manny

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