Search luxury homes for sale in Long Beach, CA with real estate experts, The Elmer Team.
The Long Beach real estate market is moderately competitive. On average, properties in Long Beach attract 3 offers and typically sell within 42 days. Last month, the median selling price for a home in Long Beach reached $833K, marking a 14.1% increase from the previous year. Additionally, the median selling price per square foot in Long Beach is now $603, reflecting a growth of 3.4% over the last year.
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Getting a luxury home in Long Beach, CA, offers several attractive benefits that might interest prospective homeowners or investors. Here are three reasons why you should consider getting a luxury home in Long Beach, CA:
Long Beach is renowned for its strategic location within the Greater Los Angeles area. Positioned directly on the Pacific Coast, residents enjoy stunning ocean views, beachfront access, and a vibrant maritime culture. The city’s weather is another major draw, characterized by a Mediterranean climate that ensures mild, pleasant temperatures throughout the year. This makes it an ideal place for outdoor activities and enjoying a laid-back, beach-centric lifestyle, enhancing the desirability of luxury properties in the area.
Long Beach offers a rich mix of cultural and recreational activities, making it a lively place to live. The city hosts numerous events and festivals, including the Long Beach Jazz Festival and the Grand Prix of Long Beach, adding to the vibrant local culture. Furthermore, residents can enjoy high-end dining options, sophisticated shopping, and a wealth of museums and art galleries like the Long Beach Museum of Art. For those seeking active leisure, there are plentiful parks, marinas, and golf courses. This dynamic blend of activities enhances the quality of life for those residing in luxury homes in Long Beach.
Long Beach has a growing economy with strong sectors in technology, aerospace, and goods movement, thanks to its port, one of the busiest in the world. This economic vibrancy attracts professionals and boosts property values, making luxury homes in Long Beach a sound investment. The city's ongoing development and improvement plans also suggest potential for future appreciation in real estate values. For those looking to invest, the economic stability and growth prospects of Long Beach make purchasing a luxury home here a promising venture.
For detailed, up-to-date information on buying a luxury home in Long Beach, including legal considerations and market trends, you can talk to us.
In Long Beach, luxury homes are typically characterized by their location, amenities, architectural design, and price. These homes are often situated in prime areas such as beachfront locations or exclusive neighborhoods like Belmont Shore or Naples. They come with high-end features such as custom design, advanced home technology, gourmet kitchens, and expansive living spaces. Luxury homes in this area often start at around $1 million and can go substantially higher depending on the features and exact location.
Some of the most sought-after neighborhoods for luxury homes in Long Beach include Belmont Shore, Naples, The Peninsula, and Park Estates. These areas offer a combination of beautiful views, exclusivity, and proximity to the best that Long Beach has to offer, such as upscale dining, shopping, and extensive recreational facilities. Each neighborhood has its unique charm and benefits, whether it's the canals of Naples or the beachfront homes on The Peninsula.
The real estate market in Long Beach tends to be competitive, with luxury properties often attracting interest due to the city's desirable location and lifestyle. While the market can fluctuate with broader economic conditions, luxury homes generally maintain their value due to their prime locations and exceptional amenities. Prospective buyers should consult real estate professionals for the most current market analysis and trends.
Property taxes in California are generally set at a base rate of 1% of the assessed value, with additional local levies and bonds. For luxury homes, which have higher assessed values, the dollar amount of property taxes will be correspondingly higher. It's important for buyers to consider this when budgeting for a luxury home purchase in Long Beach.
Living in a luxury home in Long Beach offers a high-quality lifestyle with access to excellent amenities and services. Residents can enjoy waterfront activities, private docks (in certain areas), exclusive community events, and high-end local businesses. The city's cultural scene, including theaters, art galleries, and museums, alongside its outdoor lifestyle featuring golf courses, sailing, and beach activities, adds to the attractiveness of living in Long Beach.
Eager to elevate your lifestyle with a luxury property in Long Beach? Whether you're just beginning your search or you're ready to make a move, we're here to guide you every step of the way. From exclusive listings to tailored advice, our team ensures a seamless and personalized experience. Don’t hesitate to reach out — let us help you find the perfect luxury home that meets all your desires.
Curious about what makes Long Beach, CA, so unique? From the historic Queen Mary to the tranquil gardens of Naples, every corner of Long Beach tells a story. Whether you’re a history buff, a beach lover, or someone who enjoys a vibrant nightlife, our comprehensive Neighborhood Guide is your key to uncovering the treasures of Long Beach.
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