Deric Rangell

Long Beach, CA 90806

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90806

Mon Jun 17 2019
This week the median list price for Long Beach, CA 90806 is $599,000 with the market action index hovering around 45. This is an increase over last month's market action index of 42. Inventory has held steady at or around 35. 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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Long Beach, CA 90806

Mon Jun 17 2019
This week the median list price for Long Beach, CA 90806 is $599,000 with the market action index hovering around 45. This is an increase over last month's market action index of 42. Inventory has held steady at or around 35. 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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $599,000
Per Square Foot $450
Days on Market 48
Price Decreased 29%
Price Increased 6%
Relisted 6%
Inventory 35
Median House Rent $1,895
Most Expensive $859,900
Least Expensive $355,000
Market Action Index
Strong Seller's Market
45

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$704,250 1,704 4,500 - 6,500 sqft 3 2 NaN 1 1 67
$629,000 1,639 4,500 - 6,500 sqft 3 2 NaN 3 0 38
$550,000 1,154 4,500 - 6,500 sqft 3 1 NaN 1 1 33
$488,000 1,014 4,500 - 6,500 sqft 2 1 NaN 3 1 56