Pango Group

Long Beach, CA 90806

Single-Family Homes

www.pangogroup.com



Long Beach, CA 90806

Sun May 26 2024
This week the median list price for Long Beach, CA 90806 is $780,000 with the market action index hovering around 64. This is an increase over last month's market action index of 62. Inventory has increased to 5. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Long Beach, CA 90806

Sun May 26 2024
This week the median list price for Long Beach, CA 90806 is $780,000 with the market action index hovering around 64. This is an increase over last month's market action index of 62. Inventory has increased to 5. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $780,000
Median Price of New Listings $0
Per Square Foot $588
Average Days on Market 53
Median Days on Market 28
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 64
Strong Seller's Market

Though in this zip code this week saw relatively little price change from last week, the market seems to be show some signs of strength. Keep an eye on the Market Action Index to see if this short-term trend can establish itself over the coming months.

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
$1,188,800 3,031 4,500 - 6,500 sqft 5 3 70 0 0 28
$829,000 1,055 4,500 - 6,500 sqft 3 1 96 0 2 28
$780,000 1,325 4,500 - 6,500 sqft 2 2 85 0 0 196
$520,000 1,010 4,500 - 6,500 sqft 2 1.5 103 0 0 7