Long Beach Real Estate Market Report

Executive Summary

DB
Dan Braun

The Long Beach, CA real estate market is currently classified as a buyer's market. The MLS composite benchmark price is $915K, up 8.3% year-over-year.

There are currently 583 active listings, representing 58.3 months of inventory. According to Long Beach Market Report (SDMLS computed), there were 135 sales and 293 new listings in Invalid Date. Inventory has increased 65.2% compared to last month.

Currently, listings spend an average of 51 days on market and the average price per square foot is $619.

Board Data vs Our Listings

MetricLong Beach Market Report (SDMLS computed)Our Listings
Benchmark / Median Price$915K$750K
Average Price$915K$1.0M
Active Listings583583
Detached Benchmark$1.1M$1.5M
Townhouse Benchmark$1.2M$1.3M
Apartment Benchmark$490K$605K

Detached properties make up the largest share of the Long Beach market at 46% of active listings with an average price of $1.5M. Condo listings follow at 49% (avg $605K).

Sales Activity & Absorption

Volume

10
Sold (30d)
249
Sold (90d)
51
Avg DOM
230
New (30d)

Market Signals

114
Price Cuts (30d)
57
New (7d)
91%
Sell-Through
97.9%
List-to-Sale

Long Beach Market Report (SDMLS computed) reported 135 sales this period, 230 new listings appeared in the past month, 114 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
58.3months
Strong Buyer's Market
Sales-to-New Listings (SNLR)46.1%

Demand moderately exceeds supply — conditions favor sellers.

Sell-Through Rate90.9%
Inventory Change (30d)+65.2%
Site Active Listings583

With 58.3 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg Price
ALAMITOS BEACH49$650K
NORTH LONG BEACH43$704K
DOWNTOWN38$592K
NAPLES17$4.2M
BELMONT HEIGHTS15$1.0M
BELMONT SHORE13$1.6M
BLUFF PARK13$2.1M
CALIFORNIA HEIGHTS10$1.3M
BIXBY KNOLLS10$928K
CIRCLE9$710K
WESTSIDE/SOUTH OF WILLOW9$776K
STONEY BROOK VILLAS9$534K
Avg 1 schools nearbyAvg 4 parks nearbyAvg 14 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $750K, 20% down, 25yr amortization
$3,490/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Long Beach market currently has 583 active listings with a median price of $750K and 58.3 months of inventory.

According to Long Beach Market Report (SDMLS computed), the composite benchmark price is $915K (+8.3% year-over-year). There were 135 sales recorded

  • High inventory (58.3 months) favors buyers
  • Prices declining (-27% in 30 days)
  • High price reduction rate (20% of listings)
  • High sell-through rate (91%)
  • Slow-moving market (51 avg days on market)
  • Average price per square foot is $619
  • Sold properties averaged 36 days on market

For Buyers

With more inventory and less competition, buyers in Long Beach have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 57 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 114 listings have reduced their price in the past 30 days. The current sell-through rate is 91%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily, with board statistics from Long Beach Market Report (SDMLS computed). Prepared by Dan Braun with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS listings as of May 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.