Tue Aug 11 2020
This week the median list price for Long Beach, CA 90807 is $950,000 with the market action index hovering around 70. This is an increase over last month's market action index of 64. Inventory has held steady at or around 21.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$950,000|
|Per Square Foot||$481|
|Days on Market||84|
|Strong Seller's Market|
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,679,990||4,744||0.25 - 0.5 acre||5||5||78||0||0||121|
|$1,295,000||3,199||0.25 - 0.5 acre||4||3||70||0||2||189|
|$889,000||1,828||4,500 - 6,500 sqft||3||2||83||2||3||15|
|$662,000||1,470||4,500 - 6,500 sqft||3||2||78||3||4||21|