Deric Rangell

Long Beach, CA 90807

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Long Beach, CA 90807

Tue Oct 15 2019
This week the median list price for Long Beach, CA 90807 is $822,450 with the market action index hovering around 61. This is an increase over last month's market action index of 57. Inventory has held steady at or around 24. 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 90807

Tue Oct 15 2019
This week the median list price for Long Beach, CA 90807 is $822,450 with the market action index hovering around 61. This is an increase over last month's market action index of 57. Inventory has held steady at or around 24. 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 $822,450
Per Square Foot $452
Days on Market 115
Price Decreased 42%
Price Increased 4%
Relisted 13%
Inventory 24
Median House Rent $2,598
Most Expensive $1,895,000
Least Expensive $580,000
Market Action Index
Strong Seller's Market
61

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
$1,448,500 2,938 0.25 - 0.5 acre 4 1 85 0 0 187
$1,173,500 2,855 6,500 - 8,000 sqft 3 3 69 1 1 144
$748,000 1,666 6,500 - 8,000 sqft 3 1 70 2 2 94
$643,000 1,390 6,500 - 8,000 sqft 3 1 77 2 3 32