Deric Rangell

Long Beach, CA 90815

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90815

Tue Oct 15 2019
This week the median list price for Long Beach, CA 90815 is $759,000 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has held steady at or around 34. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Long Beach, CA 90815

Tue Oct 15 2019
This week the median list price for Long Beach, CA 90815 is $759,000 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has held steady at or around 34. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $759,000
Per Square Foot $452
Days on Market 54
Price Decreased 44%
Price Increased 0%
Relisted 0%
Inventory 34
Median House Rent $2,745
Most Expensive $1,850,000
Least Expensive $475,000
Market Action Index
Strong Seller's Market
53

Prices in this zip code seem to have settled around a 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
$1,400,000 3,134 8,000 - 10,000 sqft 4 2 59 0 0 66
$827,450 1,723 4,500 - 6,500 sqft 3 1 66 1 1 22
$739,900 1,714 4,500 - 6,500 sqft 3 1 68 2 0 49
$657,000 1,399 4,500 - 6,500 sqft 3 1 66 1 3 75