100's of choices of Prime Long Beach real estate for under $500,000?

The media interprtation and the common understanding of many consumers are that there are "homes listed on every street". The truth is that we do have more Long Beach real estate available than we have had in years, however, it may not be as extreme as many think. We do have over 2,000 homes and condos available for our fair city, but we are a city of over 500,000 people.

For illustration of the actual inventory that is available, let's take a couple of popular areas and a common price range. The Plaza area, Los Altos and Rancho areas of Long Beach are known of wonderful tree lined streets, good schools, and usually tough for the first time buyer to get into. But now that the market has had some tough times, there should be 100's of homes......right??? Let's see!

• Criteria: Homes under $500,000, minimum 2 bedrooms, 1 bathroom


• Total Homes available: 19


• If you wanted a 2nd bathroom, you would have just 2 options!

So where are all the homes that everyone is talking about?? It seems that the media may exaggerate a bit :). The laws of economics of supply and demand take over at a certain point. With historically competitive interest rates the homes are still moving and highly desriable areas continue to be in demand. Happy searching for the home that is right for you! Try a FREE Long Beach MLS service to see what is available in the area that you want!