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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Belmont Shore. Low rates with falling home prices makes a home purchase a great value! Call now for more information at
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| Average Home Price | $675,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $1,000,000+ |
| Worst Selling Price Range | $450,000 - $499,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Belmont Shore is | Decreasing |
| Seller Activity for the past 90 days in Belmont Shore is? | Decreasing |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Belmont Shore! |
| Nearest Metro Area | Los Angeles |
| Housing Hot Spots | Most cities within the Los Angeles County area are considered 'Housing Hotspots' |
| Average Sold Price | $675,000 - View Graph Trend |
Belmont Shore Local News
Market Update for Belmont Shore/Naples area - January 10th, 2011 1:07pm
As of today there are a total of 90 properties on the market in the Belmont Shore/Naples area. 30 Condos ranging in price from $205,000 to $1.2 million and 60 Single Family Residences ranging from $545,000 all the way up to $4.8 million. 13 of the 90 properties are listed as short sales.
How to avoid an endless House Hunt - December 22nd, 2010 11:37am
1. Get pre-approved
2. Make a list of:
a. must -haves
b. these would be nice
c. deal breakers
3. Find the right neighborhood first
4. Give yourself a deadline
5. Find a good agent
According to a 2009 National Association of Realtors study, the median buyer shopped for 12 weeks and looked at 12 homes.
Belmont Shore/Naples Christmas Boat Parade - Long Beach - December 8th, 2010 11:00am
When: Saturday, December 11, 2010. Large boats start at 6:00 pm along the Peninsula. Small boats start at 6:30 pm from the Appian Way Bridge. Large and small boats will be traveling in opposite directions.
Viewing Locations:
From the bridges and along the canals around Naples Island you see the small boat parade.
From the 2nd Street Bridge, Appian Way Bridge and along Alamitos Bay Marina you can also see the larger vessels that don't fit in the canals.
Parking: Mothers' Beach lot off Appian Way, marine lots east of Davis Bridge, Marine Stadium, and 54th & Bayshore. Naples Bayside Academy (5537 The Toledo) offers parking for a donation of $10.
Note: The houses around Naples Island put on one of the best displays of Christmas and Hanukkah lights in Southern California. Plan to get there plenty early to stroll around the island before the parade.
Contact Information
CENTURY 21 Beachside Realtors®
800-221-5234
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
30 yr. fixed rate: 3.90%---------------------------------
15 yr. fixed rate: 3.17%
30 yr. jumbo rate: 4.68%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
CENTURY 21 Beachside Realtors®
CENTURY 21 Beachside Realtors®
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 800-221-5234
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