Deric Rangell

Long Beach, CA 90803

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90803

Sat Apr 04 2020
This week the median list price for Long Beach, CA 90803 is $1,499,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 73. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Long Beach, CA 90803

Sat Apr 04 2020
This week the median list price for Long Beach, CA 90803 is $1,499,000 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 73. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $1,499,000
Per Square Foot $779
Days on Market 108
Price Decreased 37%
Price Increased 3%
Relisted 5%
Inventory 73
Median Rent $3,500
Most Expensive $9,995,000
Least Expensive $829,000
Market Action 34
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$3,647,500 3,702 0 - 4,500 sqft 4 4 72 0 0 116
$1,908,750 2,546 0 - 4,500 sqft 3 3 45 0 3 146
$1,264,500 1,934 0 - 4,500 sqft 3 3 76 2 3 97
$950,000 1,230 0 - 4,500 sqft 2 2 92 4 3 74