Pango Group

Long Beach, CA 90814

Single-Family Homes

www.pangogroup.com



Long Beach, CA 90814

Thu Jun 08 2023
This week the median list price for Long Beach, CA 90814 is $1,299,000 with the market action index hovering around 64. This is an increase over last month's market action index of 57. Inventory has increased to 5. 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

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 90814

Thu Jun 08 2023
This week the median list price for Long Beach, CA 90814 is $1,299,000 with the market action index hovering around 64. This is an increase over last month's market action index of 57. Inventory has increased to 5. 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

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 $1,299,000
Median Price of New Listings $1,150,000
Per Square Foot $776
Average Days on Market 49
Median Days on Market 0
Price Decreased 20%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 64
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$1,499,000 1,709 4,500 - 6,500 sqft 3 2 73 1 0 0
$1,498,000 2,743 6,500 - 8,000 sqft 5 6 101 0 0 245
$1,299,000 1,672 0 - 4,500 sqft 3 3 50 0 0 0
$1,037,500 1,404 0 - 4,500 sqft 3 2 108 2 1 0