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Archive for the ‘Pending Sale’ Category

Here is the latest real estate market trend report from June 8, 2007:

Long beach currently has 1,920 active listings for single family homes and condos, an increase of 23% over last year this time and 433 properties in escrow, constituting a 4% decrease as compared to last year.

The current statistics by zip code as of today’s date, June 8, 2007, are as follows:

Single-Family & Condo

Zip Code      Active     Pending       Sold (2 mos)    Attrition Rate

90803              184            47                   64                6 mos.

90804              181            37                   32               11 mos.

90807              192            37                   53                 7 mos.

90815              153            47                   46                 7 mos.

90802              343            72                   66               10 mos.

Residential Income (2 units or more) – combined totals for zip codes above:

                         179             32                  28                 6 mos.

*This information provided by the SOCAL MLS

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sold-available.jpg  As of April 4, 2007 – The City of Long Beach had 1591 Active single-family homes and condominiums for sale and 428 sales pending. In the past month the number of listings has crept up by approximately 100, while the number of escrows opened has remained relatively the same. Currently, Long Beach has roughly 20% more inventory than the same time period in 2006 and 14% fewer pending sales.

 The current numbers of Active Listings, Peding Sales and Closed Sales (within the last month) are as follows by Zip Code:

 90803 – 145 Active – 50 Pending – 27 Closed

90804 – 141 Active – 27 Pending – 23 Closed

90807 – 155 Active – 40 Pending – 27 Closed

90815 – 118 Active – 46 Pending – 34 Closed

90802 – 261 Active – 76 Pending – 32 Closed

*This information was taken from the SOCAL MLS

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