Deric Rangell

Long Beach, CA 90808

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90808

Fri Sep 20 2019
This week the median list price for Long Beach, CA 90808 is $754,900 with the market action index hovering around 60. This is an increase over last month's market action index of 56. Inventory has held steady at or around 46. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Long Beach, CA 90808

Fri Sep 20 2019
This week the median list price for Long Beach, CA 90808 is $754,900 with the market action index hovering around 60. This is an increase over last month's market action index of 56. Inventory has held steady at or around 46. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $754,900
Per Square Foot $442
Days on Market 47
Price Decreased 46%
Price Increased 0%
Relisted 7%
Inventory 46
Median House Rent $2,873
Most Expensive $1,650,000
Least Expensive $625,000
Market Action Index
Strong Seller's Market
60

We continue to see prices in this zip code bounce around this 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
$975,000 2,527 6,500 - 8,000 sqft 4 2 23 2 4 61
$799,000 1,874 4,500 - 6,500 sqft 4 1 65 3 2 53
$726,450 1,680 4,500 - 6,500 sqft 3 1 67 2 1 39
$675,000 1,332 4,500 - 6,500 sqft 3 1 69 2 6 36