So March has come and gone and what do we have to show for it? Well we still have a few properties on the market and some buyers and sellers still made things happen for themselves.
Let's take a look at the long beach real estate market and see exactly what happened.
Before we get into the actual numbers I thought I would give everyone a few points about what is happening out on the streets with real estate. These things are happening in Long Beach and around so they are affecting the long beach real estate market as well as those of surrounding cities.
- Multiple offers on properties - that's right even in "this" market multiple offers are coming in. It just depends on the price and condition of the property.
- Multiple counters - sellers and buyers are working together to find terms that work for both parties.
These are signs of a very active real estate market in long beach even if the data doesn't show it.
What do the numbers tell us:
- 141 Properties Sold - At this pace we have a 13 month supply of residential properties. This would put us in a "buyers market". Not all areas of Long Beach are a buyers market as we will cover in upcoming posts.
- 404 new listings - a large number of properties are being listed so sellers are out there working to get a buyer for their properties.
The market is tough but doable. There are still properties being sold. You just have to get a little creative with things so keep a watch on the prices in your neighborhood. You can always use the Free MLS tool on this blog to see what is available in your neighborhood.
1 comments:
2001 prices coming soon
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