Top Small Teams in Long Beach, California – Ranked By Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    3Van Wig & AssociatesKeller WilliamsLong Beach, CA$48,860,000View Profile
    4The Elmer TeamCENTURY 21 MastersLong Beach, CA$35,145,277View Profile
    5Penny Wise TeamKeller WilliamsLong Beach, CA$34,361,950View Profile
    6Reid’s Real Estates GroupKeller WilliamsLong Beach, CA$29,824,350View Profile
    7Sue La Bounty TeamFirst Team Real EstateLong Beach, CA$28,995,750View Profile
    8The Shannon Jones TeamKeller WilliamsLong Beach, CA$27,340,388View Profile
    9P.R Real Estate GroupKeller WilliamsLong Beach, CA$27,136,250View Profile
    10The Faber TeamCompassLong Beach, CA$26,186,500View Profile
    11Christy Di LeoCompassLong Beach, CA$24,098,040View Profile

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    2023 Long Beach, California Housing Market Summary

    Long Beach, California started 2023 with a total of 145 single-family homes on the market, with a median home price of $899,900 and an average price per square foot of $676. By the end of the year, inventory had decreased to 131 homes on the market (-9%), with a median home price of $985,000 (+9%) and an average price per square foot of $756 (+11%).

    At the start of 2023, the median days on market (DOM) was 63 days – by the end of the year, median DOM had decreased to 56 days.

    Long Beach started the year with 43% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 41% of Long Beach homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Long Beach started 2023 as a strong seller’s market, with an MAI score of 46; by the end of the year, the MAI had rose to 55 – a strong seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Real Estate News

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    Prospective homeowners enter the housing market with two questions: Where do I begin? How much home can I afford? Once the process starts, nearly half of home buyers report shedding tears at some point. Potential homeowners should be able to handle this confusion in a world where technology and digital tools rule customer service. Fortunately, home buying doesn’t have to remain confusing for new buyers. 

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    Agent News

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    Continued downward trend in agent mobility reflects ongoing challenges in real estate market 

    Nov 29, 2024By

    Key observations from October • Continued decline in agent movement:   The seasonally adjusted AMI metric for October dropped to 86.2, marking another decrease in agent mobility and continuing the downward trend observed in recent months.  • Factors influencing decline  The Presidential election and the implementation of the National Association of Realtors (NAR) settlement appear to have significantly impacted agents’ […]