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Long Beach December Market Update

Shannon Jones

Shannon Jones has been selling real estate since 1998 and specializes in listing and marketing homes...

Shannon Jones has been selling real estate since 1998 and specializes in listing and marketing homes...

Dec 27 1 minutes read

Quick Market Facts

As the year closes out, we find ourselves in a very different market than we were at the end of 2017. While prices are continuing to slowly appreciate, the rate of appreciation has gone down, and some areas are experiencing a leveling of prices. Meanwhile, the inventory of homes on the market has been increasing for several months. After years of incredibly low inventory, this is a big game changer. Despite increased inventory, the number of closed sales has declined for both condos and single-family homes. We expect the market to continue shifting in 2019, with buyers and sellers on a more level playing field than they have been for years. 

74 Seconds with Shannon

Long Beach Update

The housing market is complicated. My goal is to make it less so.

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