Pango Group

Long Beach, CA 90804

Single-Family Homes

www.pangogroup.com



Long Beach, CA 90804

Fri Jun 21 2024
This week the median list price for Long Beach, CA 90804 is $1,100,000 with the market action index hovering around 57. This is an increase over last month's market action index of 54. Inventory has decreased to 4. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Long Beach, CA 90804

Fri Jun 21 2024
This week the median list price for Long Beach, CA 90804 is $1,100,000 with the market action index hovering around 57. This is an increase over last month's market action index of 54. Inventory has decreased to 4. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $1,100,000
Median Price of New Listings $1,137,000
Per Square Foot $1,049
Average Days on Market 19
Median Days on Market 14
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 57
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,599,000 1,737 6,500 - 8,000 sqft 4 4 NaN 1 0 0
$1,525,000 1,375 6,500 - 8,000 sqft 3 2 NaN 0 1 28
$675,000 621 0 - 4,500 sqft 1 1 101 1 1 0
$575,000 568 0 - 4,500 sqft 2 1 101 0 1 49