Home Sales Fall in City College Area Real Estate Market

The City College Area market pulled back this week but was still better than normal as sales slid 7.7% to 12 homes sold over the last 30 days. In comparison, the North Long Beach neighborhood had 48 sales in the same time frame, the most of all neighborhoods in the area. The median sales price dropped to $590,000, down from last week's $605,000. In spite of the decrease in sales, a low one month of inventory signals that City College Area is a strong seller's market.

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Data reported through 10/12/2016

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