So we had a few sales in Long Beach in November. But where are the sales happening?
That is an important question. You see that many people think that you can get this fantastic beach home, a view of the water, complete with a 4 car garage and granite kitchen counters for $200,000! That is not the case in the least so it is important to know where the sales are happening because it gives an indication of where things are selling in the city. The chart above charts the sales that happened by a few select areas in the city. The total sales reported in the chart above is 111 of 191 total sales that happened in Long Beach for November.
What this chart tells us
This chart shows a large amount of activity in two particular areas of the city, Downtown & North Long Beach. So why is there almost 3 times as many sales in North Long Beach as Belmont Heights? It has to do with affordability. More people can afford North Long Beach than Belmont Heights and that is why more sales are happening in that area/
What are you looking for?
So are you looking for your first home or an investment property? This will determine the area that you may want to look in. You can always use our free MLS right here on the blog or you can e-mail us and we will set you up with you very own custom MLS website.
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Monday, December 08, 2008
Where did the sales happen in Long Beach in November
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