Deric Rangell

Long Beach, CA 90805

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90805

Tue Feb 19 2019
This week the median list price for Long Beach, CA 90805 is $499,000 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has held steady at or around 61. 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 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 90805

Tue Feb 19 2019
This week the median list price for Long Beach, CA 90805 is $499,000 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has held steady at or around 61. 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 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 $499,000
Per Square Foot $408
Days on Market 81
Price Decreased 48%
Price Increased 5%
Relisted 15%
Inventory 61
Median House Rent $2,485
Most Expensive $2,995,000
Least Expensive $335,000
Market Action Index
Slight Seller's Advantage
39

We continue to see prices in this zip code hover around their high point. Look for a persistent 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
$565,888 1,460 4,500 - 6,500 sqft 4 2 70 0 0 85
$510,000 1,349 4,500 - 6,500 sqft 3 2 72 2 2 95
$485,000 1,166 4,500 - 6,500 sqft 3 2 72 1 3 75
$434,950 951 4,500 - 6,500 sqft 2 1 81 1 5 69