Altos Market Data for Realtors

Long Beach, CA

Single-Family Homes

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Long Beach, CA

Tue Mar 19 2024
This week the median list price for Long Beach, CA is $1,129,000 with the market action index hovering around 61. This is an increase over last month's market action index of 53. Inventory has increased to 115. 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

Tue Mar 19 2024
This week the median list price for Long Beach, CA is $1,129,000 with the market action index hovering around 61. This is an increase over last month's market action index of 53. Inventory has increased to 115. 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 $1,129,000
Median Price of New Listings $825,000
Per Square Foot $707
Average Days on Market 60
Median Days on Market 21
Price Decreased 20%
Price Increased 3%
Relisted 6%
Inventory 115
Median Rent
Market Action 61
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,995,000 3,198 0 - 4,500 sqft 4 4 42 1 3 91
$1,359,000 1,987 4,500 - 6,500 sqft 3 3 71 10 10 14
$940,000 1,379 4,500 - 6,500 sqft 3 2 81 6 11 14
$699,000 1,173 4,500 - 6,500 sqft 3 2 88 14 12 7