The Long Beach Market Report
It is the first of the month and like payroll checks we list the real estate sales statistics for Long Beach. So let's take a look and see what happened the previous month in Long Beach, CA.
The market is moving. Just this week a buyer purchased a very nice condo in downtown for $150,000!
So let's look at the activity in the Long Beach Real Estate market for April 2008.
- Total Active Listings: 1,841
- Total Expired Listings: 189
- Total Listings Sold (Pending & Backup): 240
- New Listings: 428
So the sales are moving up in the right direction. The fact is homes are selling and people are working together to get deals done. The overall inventory in Long Beach is not increasing at a dramatic level. In fact from March to April the Active inventory has actually decreased. So deals are happening you just have to put an offer across.
We will continue to report on the different areas of Long Beach so that everyone can see what their neighborhood is doing in the stat reports.
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