At ListWizer, our dedicated team of licensed real estate experts in Long Beach is committed to helping our California clients maximize their financial returns when buying or selling their homes.
We recognize the significant economic impact that real estate transactions can have. Our goal is to provide you with the knowledge and insights needed to make well-informed decisions about home prices in the local market, allowing you to keep more of your valuable earnings.
Our Los Angeles County real estate professionals prioritize each client’s unique buying and selling needs because every step we take from here defines their futures, and we want to be a part of their journeys.
Here, we discuss the housing market in Long Beach, which has been a seller’s market since 2023. Prices tend to be higher, and homes sell faster.
What are Housing Prices in Long Beach, California?
The median home sold price in Long Beach was $820,066 in July 2024, up 7.7% from last year, and the median price per square foot was $631.
The median sold price by bedroom count as of July 2024 is:
- 1 Bedroom $440,000
- 2 Bedrooms $665,000
- 3 Bedrooms $948,300
- 4 Bedrooms $1,200,000
- 5+ Bedrooms $1,300,000
The median sold price compared to nearby cities is:
- Long Beach-Lakewood $826,700
- Lakewood $841,500
- Signal Hill $624,000
The Long Beach real estate market had 878 homes for sale in July 2024, a 4.9% increase compared to June 2024. In July 2024, 213 homes were sold in Long Beach, up by 10.4% month-over-month. Of the 213 sold homes, 33% were sold under asking, 18% were sold at asking, and 49% were sold over asking. 70% were sold within 30 days, 26% were sold within 30 to 90 days, and 4% were sold over 90 days.
How Can ListWizer Help Me Buy or Sell a Home in Long Beach, California?
At Listwizer, we believe in placing people over profits, as does our motivated team of licensed real estate professionals in Long Beach. You’ll get the expertise of top agents while paying only a flat fee of $2,500 or up to a 1% listing fee. This offers significant savings without compromising service quality. Contact us today to learn how we can put our team of licensed real estate professionals in Long Beach to work for you!