Ok so with all of the rate changes and everyone talking about the end of the world for real estate what happened in Bixby Knolls Long Beach for September.
As usual all information comes from the real estate system that covers the area of Long Beach which is SoCalMLS.
- Active (as of the end of September) - 105
- In Escrow - 8 - (Pending 6, Backup - 2)
- New Listings - 17
- Number of Active Condos (out of the 105) - 26
- Number of Sales of Condos (out of the 8) - 1
Now this is interesting. We have a nice area like Bixby Knolls and it has just over 13 months of active inventory available. The prices are not spiraling downward in this area they are just holding steady for the most part. Now the condos are providing opportunity for buyers to get into a great area of Long Beach at an affordable price if they are using the first time home buyer programs. Agents in the area have been cooperating well and helping buyers and sellers accomplish their goals.
0 comments:
Post a Comment