Downtown Long Beach Real Estate Sales-Market Update

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Downtown Long Beach Real Estate Sales-Market Update

Homes, Condos, Coops, OYOs, Income Properties

Updated: September 29, 2008

Downtown Long Beach Homes

There are 21 Downtown Long Beach Homes For Sale ranging in price from $215,000 to $1,300,000.

• 0 homes are for sale under $200,000
• 7 homes are for sale between $200,000 and $300,000
• 4 homes are for sale between $300,000 and $400,000
• 3 homes are for sale between $400,000 and $500,000
• 2 homes are for sale between $600,000 and $700,000
• 1 home is for sale at $800,000
• 1 home is for sale at $1,300,000

• Average Price: $435,795 up slightly from last months $432,110
• Average Days on Market: 160 up a bit from last months 140

There are 4 Downtown Long Beach Homes pending in escrow

• 1 @ $144,900
• 1 @ $189,900
• 1 @ $275,500
• 1 @ $350,000

• Average Price: $240,075 down slightly from last months $247,250
• Average Days on Market: 96 up from last months 53

There are 3 Downtown Long Beach Homes in escrow accepting back up offers.

• 1 @ $190,000, 997 sq ft
  
• 1 @ $219,000, 772 sq ft
  
• 1 @ $381,800, 1,764 sq ft

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• Average Price: $263,600
• Average Days on Market: 108

5 Downtown Long Beach Homes have closed escrow in 2008.

• 1 @ $118,000
• 1 @ $184,000
• 1 @ $330,000
• 1 @ $355,000
• 1 @ $400,000

• Average Price: $277,400 down a bit from last months $289,666
• Average Days on Market: 28 up from last months 8

Downtown Long Beach Condos, Coops and OYOs

There are 166 Downtown Long Beach Condos For Sale ranging in price from $75,000 to $2,699,999.

• Average Price: $408,136 down slightly from last months $410,332
• Average Days on Market: 99 the same as last months 99

There are 14 Downtown Long Beach Condos in escrow accepting Back-Up offers.

• Average Price: $261,644 down from last months $288,750
• Average Days on Market: 118 up from last months 79

There are 28 Downtown Long Beach Condos Pending in escrow.

• Average Price: $253,123 down slightly from last months $255,854
• Average Days on Market: 95 same as last months 95

112 Downtown Long Beach Condos have sold (closed escrow) in 2008.

• Average Price: $300,035 down substantially from last months $325,239
• Average Days on Market: 90 about the same as last months 88

Downtown Long Beach Lofts

There at 30 Downtown Long Beach Lofts For Sale ranging in price from $90,000 to $798,000.

• Average Price: $524,713 down a bit from last months $548,656
• Average Days on Market: 173 up slightly from last months 168

There are 3 Downtown Long Beach Lofts in escrow at this time (there were none in escrow last month).

• Accepting Back Up Offers
• 1 @ $875,000

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• Pending
  
• 1 @ $275,000
• 1 @ $505,000

8 Downtown Long Beach Lofts have sold (closed escrow) in 2008 (No change from last month).

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• Average Price: $559,812
• Average Days on Market: 139

Downtown Long Beach Income Properties

There are 43 Downtown Long Beach Income Properties For Sale ranging in price from $239,900 (duplex) to $3,150,000 (25 units).

• Average Price: $798,018 up from last months $735,611
• Average Days on Market: 124 up a bit from last months 119

3 Downtown Long Beach Income Properties are Pending in escrow.

• Average Price: $334,800 down substantially from last months $506,940
• Average Days on Market: 46 down substantially from last months 62

2 Downtown Long Beach Income Properties are in escrow accepting back up offers. (There were no income properties accepting back up offers in Downtown last month).

• Average Price: $262,400
• Average Days on Market: 12

18 Downtown Long Beach Income Properties have sold (closed escrow) in 2008.

• Average Price: $669,200 down substantially from last months $741,706
• Average Days on Market: 99 down a bit from last months 111

Call Laurie to view Downtown Long Beach Properties

Laurie knows Downtown! (562) 212-5420

 

Downtown Long Beach Real Estate Sales-Market Update