Deric Rangell

Long Beach, CA 90814

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90814

Tue Oct 15 2019
This week the median list price for Long Beach, CA 90814 is $889,000 with the market action index hovering around 60. This is less than last month's market action index of 61. Inventory has held steady at or around 9. 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 has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Long Beach, CA 90814

Tue Oct 15 2019
This week the median list price for Long Beach, CA 90814 is $889,000 with the market action index hovering around 60. This is less than last month's market action index of 61. Inventory has held steady at or around 9. 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 has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $889,000
Per Square Foot $504
Days on Market 42
Price Decreased 44%
Price Increased 0%
Relisted 11%
Inventory 9
Median House Rent $2,698
Most Expensive $1,125,000
Least Expensive $639,900
Market Action Index
Strong Seller's Market
60

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
$1,092,500 2,538 0 - 4,500 sqft 3 2 28 0 1 52
$987,500 2,232 0 - 4,500 sqft 4 3 78 1 1 10
$882,000 1,878 0 - 4,500 sqft 2 0 77 0 0 52
$699,990 1,125 0 - 4,500 sqft 2 0 100 1 1 49