Deric Rangell

Long Beach, CA 90804

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90804

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

Slight Seller's Advantage

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 90804

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

Slight Seller's Advantage

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 $589,950
Per Square Foot $579
Days on Market 68
Price Decreased 38%
Price Increased 6%
Relisted 13%
Inventory 16
Median House Rent $1,995
Most Expensive $1,099,000
Least Expensive $389,888
Market Action Index
Slight Seller's Advantage
44

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
$884,000 2,232 6,500 - 8,000 sqft 4 3 96 0 0 52
$642,000 1,055 0 - 4,500 sqft 2 1 93 2 1 38
$499,999 969 4,500 - 6,500 sqft 2 1 97 1 1 99
$404,500 665 0 - 4,500 sqft 2 1 96 2 0 84