Deric Rangell

Long Beach, CA 90805

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90805

Mon Jun 17 2019
This week the median list price for Long Beach, CA 90805 is $485,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. 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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Long Beach, CA 90805

Mon Jun 17 2019
This week the median list price for Long Beach, CA 90805 is $485,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. 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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $485,000
Per Square Foot $430
Days on Market 88
Price Decreased 30%
Price Increased 5%
Relisted 5%
Inventory 61
Median House Rent $1,575
Most Expensive $974,999
Least Expensive $299,000
Market Action Index
Strong Seller's Market
46

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
$570,000 1,513 4,500 - 6,500 sqft 3 2 NaN 4 3 90
$500,000 1,260 4,500 - 6,500 sqft 3 2 NaN 1 0 99
$465,000 1,066 4,500 - 6,500 sqft 2 2 NaN 1 3 61
$389,999 816 0 - 4,500 sqft 2 1 NaN 2 0 100