Pango Group

Long Beach, CA 90813

Single-Family Homes

www.pangogroup.com


Long Beach, CA 90813

Thu Jun 08 2023
This week the median list price for Long Beach, CA 90813 is $699,475 with the market action index hovering around 46. This is less than last month's market action index of 50. Inventory has decreased to 4. Click here to stay informed with the Long Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Long Beach, CA 90813

Thu Jun 08 2023
This week the median list price for Long Beach, CA 90813 is $699,475 with the market action index hovering around 46. This is less than last month's market action index of 50. Inventory has decreased to 4. Click here to stay informed with the Long Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $699,475
Median Price of New Listings $0
Per Square Foot $519
Average Days on Market 126
Median Days on Market 60
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 46
Strong Seller's Market

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$849,000 1,792 6,500 - 8,000 sqft 3 2 44 0 0 371
$849,000 1,502 6,500 - 8,000 sqft 3 2 101 0 0 49
$549,950 1,228 4,500 - 6,500 sqft 3 2 101 0 2 70
$539,900 640 0 - 4,500 sqft 2 1 100 0 0 14