Deric Rangell

Long Beach, CA 90808

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90808

Thu Feb 27 2020
This week the median list price for Long Beach, CA 90808 is $899,000 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has held steady at or around 23. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Long Beach, CA 90808

Thu Feb 27 2020
This week the median list price for Long Beach, CA 90808 is $899,000 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has held steady at or around 23. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $899,000
Per Square Foot $412
Days on Market 67
Price Decreased 48%
Price Increased 17%
Relisted 9%
Inventory 23
Median Rent $2,895
Most Expensive $1,390,000
Least Expensive $598,888
Market Action 57
Strong Seller's Market

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
$1,099,999 2,527 4,500 - 6,500 sqft 4 3 66 0 0 63
$930,495 2,385 4,500 - 6,500 sqft 4 3 57 0 3 135
$850,000 1,925 6,500 - 8,000 sqft 3 2 76 0 3 22
$714,500 1,315 4,500 - 6,500 sqft 3 1 67 3 7 47