Belmont Shore Real Estate & Homes for Sale in California
Located in southwest Long Beach, Belmont Shore and Naples are two quaint seaside communities each with its own unique character. Belmont Shore offers a pedestrian-friendly shopping area with a mixture of small local businesses intermingled with established stores as well as many local eateries from casual cantina fare to southern elegance and everything in between. Naples is a unique community that was built in and around islands and has a canal area complete with gondolas. Both offer access to Alamitos Bay and the Pacific Ocean. The area is made up of numerous neighborhoods including Naples Island, Belmont Heights, The Bay, The Peninsula, Marina Pacifica, The Marina and others.
Price Range of Belmont Shore & Naples, Long Beach Houses
The Belmont Shore real estate market is diverse with a mix of older model single-family homes, condominiums and waterfront properties. Condominiums can be found starting at around $200,000 and ranging into the millions for units with ocean and bay views. Homes located on the north side of E. 2nd Street, the main thoroughfare, start in the mid-$200,000s and run up to $1 million and more. Homes on the bay, marina and ocean start in the mid-$400,000s and run up to $5 million and more for luxury estate properties with spectacular views.
Belmont Shore Real Estate Stats and Trends for the week of April 17th, 2020: homes priced around $2,105,794 compared to $2,105,970 the previous week, for a slight decrease of less than -1%. For Friday, April 17th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.