by Josh Barut, Surfrider member
According to the MLS, in 2015, the average home sale price in Long Beach was $594,795. In Huntington Beach, it was a little under $1 million, and in Seal Beach, just over $1 million. Would it be realistic for homeowners in Long Beach to expect the values of their investments to catch up to those of comparable properties in these cherished beach communities, were the breakwater to get taken down? Maybe not, but it’s safe to say that if there’s an increase in the amount of people who want to buy homes in Long Beach, there will be an increase of what people are willing to pay for homes in Long
Beach. And that, of course, means that there would in turn be an increase in what homes in Long Beach are worth.
