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Business & Tech

3 New Listings on the Market

Just two single-family homes closed escrow in the Belmont Shore-Naples area last month.

This week there's one new listing each for Belmont Shore, Naples and the Peninsula, ranging in price from $619,000 to $999,000:

 33 W. Neopolitan Lane - $619,000

 Located on Naples, this Spanish style 3 bedroom, 1.75 bathroom home has 1,182 sq. ft. of living space and sits on a 2,400 sq. ft. lot. Parking is provided in a one-car garage.

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 166 La Verne Ave. - $641,000

With 3 bedrooms and 1 bathroom, this Spanish style Belmont Shore home has high ceilings and a mock fireplace. The house is 1,220 sq. ft. and the lot is 2,400 sq. ft. This is a short sale that reportedly has been approved by the bank.

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 63 62nd Place - $999,000

This Peninsula duplex features a 3-bedroom, 3-bathroom home plus an attached 1-bedroom, 1-bathroom home. Both are separately metered and there’s a rooftop deck, a rear deck and an attached 2-car garage. The combined square footage of the two units is 2,494 and the lot is 1,999 sq. ft.

Trends

Last month, just two single family homes closed escrow in the Belmont Shore-Naples area, with an average sales price of $704,375 and an average time on the market of 55 days. The average price per square foot was $401.35. In February, 2010, there were also two houses that sold, with an average price of $754,000 and average 73 days on the market. The average price per square foot was $494.99.

Overall in Long Beach, there were 108 homes that closed escrow in February 2011, with an average price of $377,315, average price per square foot of $269.02 and average 78 days on the market. Last year during the same time period, there were 120 homes sold, with an average price of $375,543, average price per square foot of $276.50 and average 56 days on the market.

Property information is from the Multiple Listing Service (MLS) and is deemed reliable but not guaranteed.

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