Single-Family Homes
Fri Apr 19 2024
This week the median list price for Long Beach, CA 90808 is $1,152,500 with the market action index hovering around 84. This is less than last month's market action index of 86. Inventory has held steady at or around 16.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $1,152,500 | |
Median Price of New Listings | $1,099,000 | |
Per Square Foot | $636 | |
Average Days on Market | 23 | |
Median Days on Market | 11 | |
Price Decreased | 25% | |
Price Increased | 0% | |
Relisted | 13% | |
Inventory | 16 | |
Median Rent | ||
Market Action | 84 | |
Strong Seller's Market |
Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,449,950 | 2,586 | 4,500 - 6,500 sqft | 4 | 4 | 66 | 1 | 1 | 28 |
$1,270,000 | 1,781 | 4,500 - 6,500 sqft | 4 | 3 | 74 | 2 | 1 | 14 |
$1,024,500 | 1,532 | 4,500 - 6,500 sqft | 3 | 2 | 72 | 2 | 1 | 17 |
$847,000 | 1,148 | 4,500 - 6,500 sqft | 2 | 1.5 | 75 | 2 | 1 | 3 |