Deric Rangell

Long Beach, CA 90813

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90813

Thu Feb 20 2020
This week the median list price for Long Beach, CA 90813 is $399,000 with the market action index hovering around 46. This is less than last month's market action index of 49. Inventory has held steady at or around 7. 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 started cooling and prices have been flat for several weeks. Since 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

Thu Feb 20 2020
This week the median list price for Long Beach, CA 90813 is $399,000 with the market action index hovering around 46. This is less than last month's market action index of 49. Inventory has held steady at or around 7. 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 started cooling and prices have been flat for several weeks. Since 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 $399,000
Per Square Foot $472
Days on Market 81
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent $1,450
Most Expensive $750,000
Least Expensive $320,000
Market Action 46
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$750,000 2,291 8,000 - 10,000 sqft 4 2 103 0 1 119
$603,950 1,363 0 - 4,500 sqft 3 2 57 0 2 126
$389,500 973 0 - 4,500 sqft 2 1 100 0 3 7
$344,500 611 0 - 4,500 sqft 1 1 107 1 0 91