Deric Rangell

Long Beach, CA 90807

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90807

Mon Apr 22 2019
This week the median list price for Long Beach, CA 90807 is $794,900 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has held steady at or around 34. Click here to stay informed with the Long Beach market!

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

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 90807

Mon Apr 22 2019
This week the median list price for Long Beach, CA 90807 is $794,900 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has held steady at or around 34. Click here to stay informed with the Long Beach market!

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

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 $794,900
Per Square Foot $417
Days on Market 72
Price Decreased 38%
Price Increased 0%
Relisted 15%
Inventory 34
Median House Rent $2,200
Most Expensive $1,560,000
Least Expensive $465,000
Market Action Index
Strong Seller's Market
50

In the last few weeks we’ve seen prices in this zip code bouncing around this 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
$1,268,500 3,213 8,000 - 10,000 sqft 4 2 74 1 0 93
$1,004,000 2,304 6,500 - 8,000 sqft 4 2 75 2 2 102
$724,900 1,797 4,500 - 6,500 sqft 3 1 77 1 1 45
$575,000 1,462 4,500 - 6,500 sqft 3 1 77 5 2 53