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In Long Beach, there are 37 active and 24 homes sold in August with an average 7 days on the market, at a medium selling price $945,000. That's an absorption rate of 65%. Anything over 20% means a healthy market. https://janie.jhagents.com/blog/2022/08/30/august-absorption-rate-90808
Numbers don’t lie. We wish we could say the same for headlines. In our quest for transparency, we’re going to be bringing you monthly updates on the health of the real estate market with our Absorption Rate Analysis. We hear a lot about “fewer homes hitting the market”, but this hasn’t been our personal experience. We still see a very healthy market in the nei...
Numbers don’t lie. We wish we could say the same for headlines. In our quest for transparency, we’re going to be bringing you monthly updates on the health of the real estate market with our series Absorption Rate Analysis. We hear a lot about “fewer homes hitting the market”, but this hasn’t been our personal experience. We still see a very healthy market in ...
In Long Beach, Zip Code 90808 there are 37 active and 22 homes sold in November 2022 with an average 8 days on the market, at a median selling price $939,000. That's an absorption rate of 59%. Anything over 20% means a healthy market.
Don’t miss your chance to see this darling 3-bedroom, 2-bathroom home in a charming and highly-sought-after Long Beach neighborhood! I’ll be opening the doors for you to tour it at your leisure this weekend! 1) 5836 Parapet St. in the great neighborhood of Long Beach - Saturday Jan. 28th, 12-4pm and Sunday Jan 29th, 12-4pm. Call Janie for details (714) 310-...
In Long Beach Zip Code 90808, there are 21 active and 13 homes sold in January 2023 with an average 9 days on the market, at a median selling price $962,000. That's an absorption rate of 62%. Anything over 20% means a healthy market. For more community info and home décor trends be sure to take a look at my blog! I have ...
