Deric Rangell

Long Beach, CA 90813

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90813

Sun Aug 18 2019
This week the median list price for Long Beach, CA 90813 is $490,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 5. Click here to stay informed with the Long Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Long Beach, CA 90813

Sun Aug 18 2019
This week the median list price for Long Beach, CA 90813 is $490,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 5. Click here to stay informed with the Long Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $490,000
Per Square Foot $384
Days on Market 77
Price Decreased 60%
Price Increased 0%
Relisted 20%
Inventory 5
Median House Rent
Most Expensive $589,000
Least Expensive $369,900
Market Action Index
Slight Seller's Advantage
44

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
$589,000 1,920 0 - 4,500 sqft 4 3 112 0 0 189
$555,000 1,444 4,500 - 6,500 sqft 3 2 97 0 1 56
$490,000 992 6,500 - 8,000 sqft 2 1 96 0 1 21
$384,950 1,111 0 - 4,500 sqft 2 1 75 0 0 59