The Long Beach real estate market is showing its first real signs of a shift, and buyers need to pay attention. Condos are down nearly 3% in just one month, with median prices dropping from $570,000 to $553,550. Days on market have climbed to 56, and over 40% of condo sellers are being forced to cut prices. Sellers are listing conservatively, often below recent sales, which shows that buyer resistance is real and growing stronger. Single-family homes, on the other hand, appear flat at $1,050,000, but under the surface, momentum is slowing. List prices are climbing toward $993,000, while days on market have increased from 42 to 49. Price reductions are creeping up as sellers push higher than buyers are willing to pay. This stability is fragile, and if inventory continues to rise, we could see significant corrections in the single-family market too. 👉 The takeaway is simple: condos are already tilting into a buyer’s market, and single-family homes are showing early signs of resistance. Buyers finally have leverage in Long Beach, and this fall could be the best opportunity in years to negotiate on price and terms. 📌 DM me “LB Market” and let’s set up a call. I’ll walk you through the exact strategies you can use to take advantage of these shifts in the Long Beach real estate market and secure the best deal possible. Rick J. Lee Realtor @ ΓEA⅃ Broker Cell: (714)-943-1598 DRE # 02130981 NMLS 2561007 #LongBeachRealEstate #LongBeachHomes #LongBeachMarketUpdate #LongBeachCondos #OCRealEstate #SoCalRealEstate #CaliforniaRealEstate #RealEstateUpdate #HousingMarketShift #BuyersMarket #SouthernCaliforniaHomes