X

Please Log In To Your Account

Forgot Password?
X

Enter Your E-Mail Address

Current Real Estate Market Trends:

Average price per square foot for Long Beach CA was $256, an increase of 4.9% compared to the same period last year. The median sales price for homes in Long Beach CA for Feb 10 to Apr 10 was $293,270 based on 1,326 home sales. Compared to the same period one year ago, the median home sales price increased 6.2%, or $17,020, and the number of home sales increased 23.2%.

The average listing price for homes for sale in Long Beach CA was $461,649 for the week ending May 12, which represents a decrease of 0.7%, or $3,337, compared to the prior week. Popular neighborhoods in Long Beach include Downtown Long Beach and Belmont Heights, with average listing prices of $362,078 and $558,200.

History of Long Beach:

The fifth-largest city in California and is situated on San Pedro Bay, south of Los Angeles, in Los Angeles County.

The town was laid out and settled in 1881 by developer W. E. Willmore, who sold lots on the site as a seaside resort community called Willmore City. It was renamed Long Beach for its 81/2-mile beach in 1884. The city was incorporated in 1888 and reincorporated in 1897.

Long Beach is a major industrial port, ranked second-busiest in the U.S. and tenth-busiest in the world. In addition to international trade through the port, high technology has also been an important economic engine for the Long Beach area. Major technology and aerospace corporations such Gulfstream and Raytheon have large facilities in Long Beach, and Boeing continues to be the top employer, with over 17,000 employees.

Tourism is also important to the economy. Major attractions are the RMS Queen Mary, the Aquarium of the Pacific, whale watching tours, and water sports.

Long Beach Chamber of Commerce

RECENT ARTICLES