Debra Kahookele 310-781-0839
Debra@DKRealtyGrp.com www.HomesbyDebraK.com
www.DKRealtyGrp.com
DRE# 01757031
NOVEMBER 2023
LONG BEACH MARKET INTELLIGENCE REPORT
...BROUGHT TO YOU BY
RE/MAX ESTATE PROPERTIES
DRE # 01879720
DRE# 01757031
WE ARE THE COAST | RE/MAX ESTATE PROPERTIES | MALAGA COVE OFFICE 310.781.0839 | Debra@DKRealtyGrp.com | HomesbyDebraK.com 310.378.9494 | MARKETING@EPLAHOMES.COM
$4 BILLION
2022 DOLLAR VOLUME
50 00+
REAL ESTATE AGENTS
| DKRealtyGrp.com
#1 SOUTH BAY
HELPING 3,800+ FAMILIES YEARLY
12 OFFICES
WE ARE THE COAST
MEDIAN SALES PRICE - 13 MONTH TREND NOVEMBER
2023
$571,500
$558,000
$558,000
MEDIAN SALES PRICE
$523,500
$500,000
13.07%
TOTAL INVENTORY
99
25.32%
INVENTORY SNAPSHOT
$463,000
10/22
$490,000 $494,500
$499,500 $502,000
$523,500
$512,500
$500,000
$475,000
11/22
12/22
66
1/23
2/23
3/23
4/23
5/23
6/23
7/23
8/23
9/23
10/23
TOTAL INVENTORY/SOLD - 13 MONTH TREND
TOTAL SOLD
23
Total Inventory
-23.33%
Total Sold
MEDIAN DAYS ON MARKET
19
35.71%
109 79
69
92
86
84
23
20
12/22
1/23
94
96
108 90
97
97
99
26
23
9/23
10/23
MEDIAN PRICE PER SQFT
$553.44 -16.78%
30
29
10/22
11/22
28
33
2/23
3/23
23 4/23
34 5/23
26
26
6/23
7/23
33 8/23
SALES RATIO
23.23% -38.86%
Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 11/1/2023
MEDIAN SALES PRICE - 13 MONTH TREND NOVEMBER
2023
$1,200,000$1,215,000 $1,155,000
$1,212,500
$1,190,000
$1,113,000 $1,080,000
$1,112,250
$1,082,500
MEDIAN SALES PRICE
$1,112,250
$902,500
$950,000
$902,500
-6.53%
$765,500
TOTAL INVENTORY
88
62.96%
INVENTORY SNAPSHOT
10/22
11/22
12/22
48
1/23
2/23
3/23
4/23
5/23
6/23
7/23
9/23
10/23
TOTAL INVENTORY/SOLD - 13 MONTH TREND
TOTAL SOLD
22
Total Inventory
0%
Total Sold
MEDIAN DAYS ON MARKET
91
10
-23.08%
8/23
80 54
63
65
68
76
76
27
24
5/23
6/23
65
88 77
77
52
MEDIAN PRICE PER SQFT
$711.60 -12.47%
22 10/22
15
18
14
16
18
21
11/22
12/22
1/23
2/23
3/23
4/23
31 16 7/23
16 8/23
9/23
22 10/23
SALES RATIO
25.00% -39.02%
Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 11/1/2023
MEDIAN SALES PRICE - 13 MONTH TREND NOVEMBER
$1,155,000
2023
$975,000
MEDIAN SALES PRICE
$745,000
$885,000
$805,000 $810,000
$680,000 $595,000
$580,000 $565,000
25.21%
$810,000
$745,000
$627,750
$478,750
TOTAL INVENTORY
27
35%
INVENTORY SNAPSHOT
10/22
11/22
12/22
18
2/23
3/23
4/23
5/23
6/23
7/23
Total Inventory
50%
9/23
10/23
Total Sold
MEDIAN DAYS ON MARKET
32
12
-7.69%
8/23
TOTAL INVENTORY/SOLD - 13 MONTH TREND
TOTAL SOLD
6
1/23
28
27 23 20
17
16
19
23
28 27
21
19
MEDIAN PRICE PER SQFT
$722.09 41.03%
4 10/22
6
7
7
11/22
12/22
1/23
4 2/23
9
8
3/23
4/23
10 5/23
8 6/23
12
13
12 6
7/23
8/23
9/23
10/23
SALES RATIO
22.22% 11.11%
Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 11/1/2023
Debra Kahookele 310-781-0839
Debra@DKRealtyGrp.com www.HomesbyDebraK.com DRE# 01757031
www.DKRealtyGrp.com