Pango Group

Long Beach, CA 90804

Single-Family Homes

www.pangogroup.com



Long Beach, CA 90804

Sat Jun 10 2023
This week the median list price for Long Beach, CA 90804 is $829,900 with the market action index hovering around 50. This is less than last month's market action index of 53. Inventory has held steady at or around 9. 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 90804

Sat Jun 10 2023
This week the median list price for Long Beach, CA 90804 is $829,900 with the market action index hovering around 50. This is less than last month's market action index of 53. Inventory has held steady at or around 9. 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 $829,900
Median Price of New Listings $675,000
Per Square Foot $605
Average Days on Market 54
Median Days on Market 28
Price Decreased 44%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 50
Strong Seller's Market

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
$1,117,000 1,929 5 - 10 acres 3 3 104 0 0 49
$899,000 1,318 6,500 - 8,000 sqft 3 2 102 0 0 17
$814,450 1,762 4,500 - 6,500 sqft 4 2 99 0 0 157
$675,000 992 0 - 4,500 sqft 3 2 100 1 0 14