Pango Group

Long Beach, CA 90805

Single-Family Homes

www.pangogroup.com



Long Beach, CA 90805

Sat Jun 10 2023
This week the median list price for Long Beach, CA 90805 is $680,000 with the market action index hovering around 78. This is an increase over last month's market action index of 71. Inventory has decreased to 11. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Long Beach, CA 90805

Sat Jun 10 2023
This week the median list price for Long Beach, CA 90805 is $680,000 with the market action index hovering around 78. This is an increase over last month's market action index of 71. Inventory has decreased to 11. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $680,000
Median Price of New Listings $642,400
Per Square Foot $519
Average Days on Market 96
Median Days on Market 56
Price Decreased 36%
Price Increased 0%
Relisted 18%
Inventory 11
Median Rent
Market Action 78
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$847,500 1,683 4,500 - 6,500 sqft 3 2 93 0 0 161
$699,900 1,530 0 - 4,500 sqft 4 2 83 0 1 105
$656,000 1,022 4,500 - 6,500 sqft 3 1 76 2 0 21
$634,900 968 4,500 - 6,500 sqft 2 1 93 2 2 42