Marina Pacifica Condos in Long Beach California

Jay Valento — Sun, 30 Nov 2008 04:00:51 +0000

One of the many pool areas in Marina Pacifica

Marina Pacifica has a mall next to the condos that offers shopping is within steps from your condo. In fact, there is a bridge from Marina Pacifica that takes you by foot over to the Long Beach Marketplace or dinning in many local restaurants around the harbor including California Pizza Kitchen, Claim Jumpers, Lone Ranger, El Torito, Hoff’s Hut and Joe’s Crab Shack.

Marina Pacifica was built in 1974 offering housing of 570 Long Beach condos on the water with sixteen different floor plans. There are one bedroom, one bathroom condos with 650 square feet (sqft) to three bedroom, three bathroom condos with 2,024 sqft. View current Marina Pacifica condos for sale on our new interactive property search system live…

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Long Beach Real Estate Market Statistics for Zip Code 90803

Jay Valento — Wed, 16 Jul 2008 02:33:44 +0000

As of today, July 15th, 2008, there are 210 homes for sale in Long Beach in the zip code of 90803. This zip code encompasses the following neighborhoods like: Belmont Shores, Belmont Park and Naples. The price ranges are from $569,000 for two bedroom, one bath home to a home on Ocean Blvd for $5,500,000 with four bedrooms and five and over 4,900 square feet. The homes that are listed for sale have been on the market for an average of 104 days.

On the flip side, in the same zip code,

19 properties in escrow that are accepting backup offers with an average of 86 days on market before they got an accepted offer

9 properties in escrow that are considered in a pending status…with average of 76 days on market before they got an accepted offer

So what is the difference between Accepting Backup Offers and Pending? Sometimes the seller wants a backup offer in case the current buyer decides to change their mind…plan B just in case or if the buyer looks really strong with a large downpayment, then the status can be changed to Pending.

Year to Date Long Beach Real Estate Sales in 2008 for Zip Code 90803

68 homes have sold this year for 11.06% less than the asking price
average sales price is $1,092,687
average days on market are 91

If you are seriously considering placing your home on the market and you are in this zip code, make sure to price your home in such as way as to generate offers from buyers. That’s right, don’t over price your home thinking that you need negotiating room. Buyers will compare your home to others on the market and make offers accordingly. While it is a”buyer’s market”, I am not telling you to give your home away but to price it in such away that it makes it attractive to local real estate professionals to show to their clients before they show someone else’s home first. Be realistic. It may take a little bit of time to receive an offer.