File photo.
Long Beach snuck onto Coldwell Banker’s annual Home Listings Report as the 50th most expensive city in which to purchase a home in the country, with an average listing price of $881,315.
The report, conducted annually, evaluates market data for “2,000 real estate markets nationwide, analyzing more than 50,000 similar-sized four-bedroom, two-bathroom homes ranking the most expensive and affordable markets in all 50 states,” according to the website.
The listings were published around the same time Long Beach landed on Time Out‘s list of top 15 places in the country to live—which included affordable rental prices as part of its methodology, believe it or not.
Long Beach came in at 50, sandwiched between Walnut California ($886,647 average) and Novato, California ($863,900).
California cities dominated the top 50 list, along with cities in Massachusetts, Connecticut and Minnesota.
The top 10 cities listed were as follows:
- Saratoga, California
- Newport Beach, California
- Cupertino, California
- Redwood City, California
- Arcadia, California
- Carmel, California
- San Francisco, California
- La Canada Flintridge, California
- Sunnyvale, California
- Los Gatos, California
Notably, Long Beach was listed as a more expensive place to buy a home than Westlake Village, California, Anaheim Hills, California, Thousand Oaks, California and Carlsbad, California.