Housing Market Report

Long Beach, CA

Single-Family Homes

Michael Del Rosario | CerritosLiving.com



Long Beach, CA

Wed Aug 12 2020
This week the median list price for Long Beach, CA is $899,000 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has held steady at or around 291. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Long Beach, CA

Wed Aug 12 2020
This week the median list price for Long Beach, CA is $899,000 with the market action index hovering around 51. This is an increase over last month's market action index of 48. Inventory has held steady at or around 291. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $899,000
Per Square Foot $545
Days on Market 66
Price Decreased 30%
Price Increased 3%
Relisted 5%
Inventory 291
Median Rent $2,700
Most Expensive $5,900,000
Least Expensive $199,000
Market Action 51
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$2,092,000 3,103 0 - 4,500 sqft 4 4 64 7 5 100
$1,195,000 2,159 4,500 - 6,500 sqft 3 3 69 11 14 63
$740,000 1,419 4,500 - 6,500 sqft 3 2 75 18 24 44
$499,500 1,149 0 - 4,500 sqft 3 2 77 16 13 55