Deric Rangell

Long Beach, CA 90803

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90803

Fri Sep 20 2019
This week the median list price for Long Beach, CA 90803 is $1,375,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has held steady at or around 89. 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.

Slight Seller's Advantage

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 90803

Fri Sep 20 2019
This week the median list price for Long Beach, CA 90803 is $1,375,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has held steady at or around 89. 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.

Slight Seller's Advantage

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 $1,375,000
Per Square Foot $697
Days on Market 105
Price Decreased 44%
Price Increased 2%
Relisted 6%
Inventory 89
Median House Rent $3,995
Most Expensive $11,995,000
Least Expensive $700,000
Market Action Index
Slight Seller's Advantage
32

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices 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
$2,995,000 3,627 0 - 4,500 sqft 4 4 65 1 1 143
$1,597,499 2,409 0 - 4,500 sqft 4 3 75 3 3 129
$1,250,000 1,950 0 - 4,500 sqft 3 2 91 4 1 88
$947,000 1,308 0 - 4,500 sqft 3 2 78 3 1 61