Pango Group

Long Beach, CA 90804

Single-Family Homes

www.pangogroup.com


Long Beach, CA 90804

Thu May 22 2025
This week the median list price for Long Beach, CA 90804 is $839,500 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has decreased to 16. 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.

Slight Seller's Advantage

Market Narrative

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 90804

Thu May 22 2025
This week the median list price for Long Beach, CA 90804 is $839,500 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has decreased to 16. 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.

Slight Seller's Advantage

Market Narrative

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 $839,500
Median Price of New Listings $0
Per Square Foot $827
Average Days on Market 86
Median Days on Market 53
Price Decreased 38%
Price Increased 6%
Relisted 13%
Inventory 16
Median Rent
Market Action 41
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,587,000 2,081 6,500 - 8,000 sqft 4 3 73 0 0 10
$952,000 1,343 4,500 - 6,500 sqft 3 2 90 0 0 80
$811,944 1,086 0 - 4,500 sqft 2 2 95 0 1 10
$580,000 557 0 - 4,500 sqft 2 1 102 0 2 70