Housing Market Report

Long Beach, CA

Single-Family Homes

Michael Del Rosario | CerritosLiving.com



Long Beach, CA

Fri Nov 15 2019
This week the median list price for Long Beach, CA is $689,000 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 320. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Long Beach, CA

Fri Nov 15 2019
This week the median list price for Long Beach, CA is $689,000 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 320. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $689,000
Per Square Foot $468
Days on Market 80
Price Decreased 37%
Price Increased 6%
Relisted 8%
Inventory 320
Median Rent $2,595
Most Expensive $11,995,000
Least Expensive $268,250
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,592,500 2,600 0 - 4,500 sqft 4 3 79 6 4 120
$839,450 1,685 4,500 - 6,500 sqft 3 2 69 11 19 76
$600,000 1,420 4,500 - 6,500 sqft 3 2 75 13 12 54
$469,895 1,003 0 - 4,500 sqft 2 1 76 15 18 66