Deric Rangell

Long Beach, CA 90814

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90814

Tue Feb 19 2019
This week the median list price for Long Beach, CA 90814 is $939,450 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 20. Click here to stay informed with the Long Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Long Beach, CA 90814

Tue Feb 19 2019
This week the median list price for Long Beach, CA 90814 is $939,450 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 20. Click here to stay informed with the Long Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $939,450
Per Square Foot $602
Days on Market 89
Price Decreased 50%
Price Increased 0%
Relisted 5%
Inventory 20
Median House Rent $1,998
Most Expensive $1,399,999
Least Expensive $620,000
Market Action Index
Slight Seller's Advantage
37

We continue to see prices in this zip code bouncing around this plateau. 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
$1,125,000 2,200 4,500 - 6,500 sqft 3 2 62 0 1 96
$975,000 1,484 0 - 4,500 sqft 3 0 70 0 0 107
$935,000 1,458 4,500 - 6,500 sqft 3 1 97 0 0 107
$748,500 1,254 0 - 4,500 sqft 2 1 96 1 0 46