Is Long Beach, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Long Beach was a Seller's Market.
Housing Prices in Long Beach, WA
How much do homes in Long Beach, WA cost?
Median Sold Price
$350,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Long Beach was $350,000 in April 2024, up 18.8% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $156.7K | $140.5K | -10.4% |
2 Bedrooms | $293.5K | $328K | +11.8% |
3 Bedrooms | $407.5K | $465K | +14.1% |
4 Bedrooms | $345K | $546K | +58.3% |
5+ Bedrooms | $442.5K | $150K | -66.1% |
Summary: Long Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 58.3%, and 5+ bedroom homes decreased by 66.1%.
Median Sold Price Compared To Nearby Cities
Long Beach | $294.5K | $350K | +18.8% |
Long Beach-North Beach Peninsula | $346.1K | $349.5K | +1.0% |
Seaview | $379K | $312K | -17.7% |
Housing Supply in Long Beach, WA
How many homes are available in Long Beach, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 56 | 0.0% |
Summary: The Long Beach real estate market had 56 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 14 | +27.3% |
2 Bedrooms | 16 | 14 | -12.5% |
3 Bedrooms | 21 | 22 | +4.8% |
4 Bedrooms | 5 | 2 | -60.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Long Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Long Beach in April 2024, down by 40.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Long Beach, WA
How long does it take to sell a home in Long Beach, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
88 Days | 54 Days | -38.1% |
Summary: Homes in Long Beach had an average of 54 days on market in Apr 2024, down by 38.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Long Beach; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.