It's March 2023 and in this Real Estate Market Update, we're taking a look at the latest statistics available for February 2023. Closed sales, pending sales, and new listings all declined in February 2023 compared to February 2022. Home prices also slightly declined year over year and buyer demand has softened as a result of the higher interest rates.
The Shannon Jones Team has been assisting home buyers & sellers & investors in Long Beach and surrounding areas since 1998, providing a high level of service and outstanding marketing. The team's emphasis is on educating and guiding clients through the process and providing information and resources before, during, and after a transaction. This channel provides information on the areas we serve, the housing market, the real estate process, along with home tours.