Pango Group

Long Beach, CA 90807

Single-Family Homes

www.pangogroup.com



Long Beach, CA 90807

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. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Long Beach, CA 90807

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. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price $950,000
Per Square Foot $481
Days on Market 84
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 21
Median Rent $1,750
Most Expensive $3,495,000
Least Expensive $640,000
Market Action 70
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.

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
$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