Pango Group

Long Beach, CA 90806

Single-Family Homes

www.pangogroup.com



Current active inventory in Long Beach, CA 90806 is very low. Keep this in mind when looking at this report.

Long Beach, CA 90806

Wed Apr 24 2024
This week the median list price for Long Beach, CA 90806 is $995,000 with the market action index hovering around 65. This is an increase over last month's market action index of 49. Inventory has decreased to 3. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Long Beach, CA 90806

Wed Apr 24 2024
This week the median list price for Long Beach, CA 90806 is $995,000 with the market action index hovering around 65. This is an increase over last month's market action index of 49. Inventory has decreased to 3. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $995,000
Median Price of New Listings $1,008,900
Per Square Foot $544
Average Days on Market 2
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 65
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here. We’ll look at the Market Action Index later in the report to gauge the leading indicators.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,188,800 3,031 4,500 - 6,500 sqft 5 3 70 1 1 0
$995,000 1,829 6,500 - 8,000 sqft 3 2 37 0 1 7
$829,000 1,055 4,500 - 6,500 sqft 3 1 96 1 1 0