Deric Rangell

Long Beach, CA 90813

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90813

Fri Dec 06 2019
This week the median list price for Long Beach, CA 90813 is $499,000 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has held steady at or around 13. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Long Beach, CA 90813

Fri Dec 06 2019
This week the median list price for Long Beach, CA 90813 is $499,000 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has held steady at or around 13. 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.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $499,000
Per Square Foot $421
Days on Market 53
Price Decreased 31%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent $1,613
Most Expensive $850,000
Least Expensive $400,000
Market Action 38
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$699,000 2,291 6,500 - 8,000 sqft 4 3 102 0 0 21
$549,900 1,142 4,500 - 6,500 sqft 3 1 99 0 1 65
$479,900 1,322 0 - 4,500 sqft 3 1 110 0 0 44
$449,500 876 0 - 4,500 sqft 2 1 84 0 0 73