Los Angeles-Long Beach, CA Real Estate Market Trends
Los Angeles-Long Beach, CA
March Real Estate Trends    |    Yearly Real Estate Trends



March 2013 Real Estate Trends
Source: REALTOR.com

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Median List Prices

Feb 2013  $370,012 Mar 2013  $420,000 ΔMM : +13.51%
Mar 2012  $329,025 Mar 2013  $420,000 ΔYY : +27.65%

Average List Prices

Feb 2013  $867,607 Mar 2013  $926,690 ΔMM : + 6.81%
Mar 2012  $636,201 Mar 2013  $926,690 ΔYY : +45.66%

Number of Listings

Feb 2013  14,476 Mar 2013  13,937 ΔMM : - 3.72%
Mar 2012  27,031 Mar 2013  13,937 ΔYY : -48.44%

Median Age of Inventory

Feb 2013  37 days Mar 2013  40 days ΔMM : + 8.11%
Mar 2012  67 days Mar 2013  40 days ΔYY : -40.29%

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Data Validity

Listing/content source - Realtor.com displays more than 4 million for sale and for rent property listings fed directly to the site for free by all MLSs in the country (933+). If a property is listed for sale on an MLS, it's displayed on Realtor.com. Our property collection is the most comprehensive of any real estate marketing web site today.

Data Accuracy - More than 80% of all listings on Realtor.com are updated every 15 minutes with information including price changes, sold prices, and property status changes.The remaining properties are updated every one to 24 hours. The information is reliable and dependable since it's updated continuously and directly by the MLSs.

Consumer search trends - In 2010, Realtor.com was the most searched real estate web site with the highest levels of visitor engagement.Search behavior and trends taken from Realtor.com can be used to gauge consumer interest in local markets and real estate in general.

Realtor.com real estate market reports - Each month, Realtor.com reports on 146 Metro Statistical Areas (MSA) throughout the nation and monitors real estate trends including consumer search behavior, median list prices on for sale properties, active inventory counts, median age of inventory, supply and demand indicators, and more. This data comes directly from actual listings posted on the site by 933+ multiple listing services throughout the country. All data provided in these reports are not surveys or projections, but actual market activity in real time and reflect the snapshot in time from which the data was pulled. List price data are asking prices on listings set by sellers, not contract offers or closing sales prices. Median age of inventory is the days a listing is displayed on Realtor.com, which may differ from days on market calculated by the MLS where the listing is posted. Data are corrected as necessary on a quarterly, bi-annually or annual basis.

The information is released to local markets to help consumers and real estate professionals as they work together to successfully navigate their local market.

Glossary of Terms

Active Listings Inventory: (“Listings” or ‘For Sale Listings”) represents the average daily active listings count (all those listings active on a given day) for the time period in question (month, quarter, year). List price data are asking prices on listings set by sellers, not contract offers or closing sales prices.

Median age of inventory: Calculated by first determining all the selected listing categories active at any time during a given time period (month, quarter, year), calculating their days on site by subtracting their listed date from the earlier of their end listing date or the end of the time period, and taking the median of all the resulting individual days on site. This term accounts for properties that were withdrawn from an MLS and subsequently re-listed. Because median age of inventory in these reports is the days a listing is displayed on Realtor.com, it may differ from days on market calculated by the MLS where the listing is posted.

Metro Statistical Area: Metropolitan and micropolitan statistical areas (metro and micro areas) are geographic entities defined by the U.S. Office of Management and Budget (OMB) for use by Federal statistical agencies in collecting, tabulating, and publishing Federal statistics.

Median List Price: The listing price for half the listings active at any time during the measured time is higher than this value.

Searches: The number of times visitors to the Realtor.com site executed a search for real estate, by entering a zip code or some neighborhood/town/city/state combination and, optionally, additional criteria such as price range, number of beds, etc.


Median List Prices, Total Listings,  Average List Prices and Median Age of Inventory: Includes single-family homes, condos, co-ops and townhomes.


Search Rank: Includes ALL property types - single-family homes, condos, co-ops and townhomes, raw land, commercial, multi-family, etc.




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