Long Beach Market Report (SDMLS) - April 2026: Sales Drop 56.9% Despite 17.2% Price Increase

Long Beach Market Report (SDMLS computed) — April 2026

In April 2026, the Long Beach real estate market sees a significant decline in sales, with only 28 transactions recorded, a 56.9% decrease from the previous year. The composite benchmark price rises to $937,500, reflecting a 17.2% increase compared to April 2025.

Market Analysis

The Long Beach real estate market is currently experiencing a balanced condition, characterized by a notable drop in sales activity alongside rising prices. With only 28 sales in April 2026, the market has seen a drastic decline from 65 sales in April 2025 and 135 sales in March 2026. This sharp reduction in sales volume indicates a potential cooling of buyer demand, possibly influenced by economic factors or changing buyer sentiment in the region.

Despite the decrease in sales, the composite benchmark price has increased to $937,500, up from $800,000 in April 2025. This price growth suggests that while fewer homes are changing hands, those that do are commanding higher prices, indicating a continued interest in the Long Beach market among buyers who are willing to invest at higher price points. The increase in new listings, totaling 297 in April, may also reflect sellers' confidence in the market's pricing strength, despite the lower sales figures.

Property Type Analysis

When examining property types, detached homes lead the market with a benchmark price of $1,067,500 and 18 sales. Attached and townhouse properties, however, show a more subdued performance with only 3 sales and a benchmark price of $1,475,075. Apartments, with a benchmark price of $453,500, account for 6 sales, indicating a diverse range of buyer interest across different property types, albeit with varying levels of activity.

The disparity in sales among property types highlights the preference for detached homes, which continue to dominate the market. The higher benchmark prices for attached and townhouse properties suggest that buyers may be prioritizing space and privacy, especially in a balanced market where inventory levels are adjusting.

Regional Highlights

Regionally, Long Beach continues to attract buyers, evidenced by the influx of new listings. The 297 new listings in April 2026 indicate a robust supply response to the market's pricing dynamics. This influx may help to stabilize the market in the coming months, particularly if buyer demand begins to recover. The overall economic climate and local employment rates will play crucial roles in shaping future trends in the Long Beach real estate landscape.

Additionally, the year-over-year price increase of 17.2% suggests that Long Beach remains a desirable location for homebuyers, despite the recent slowdown in sales. The market's resilience in maintaining higher prices may attract more investors looking for long-term value in the area.

For Buyers

For potential buyers, this may be an opportune time to enter the Long Beach market, especially given the increase in new listings. With a balanced market condition, buyers may find more options available and potentially negotiate better terms. However, it is essential to remain vigilant about market trends and be prepared for competitive bidding on desirable properties.

For Sellers

Sellers should take advantage of the current pricing strength, as the composite benchmark price has shown significant growth year-over-year. With 297 new listings entering the market, it is crucial for sellers to price their homes competitively to attract buyers. Proper staging and marketing strategies will also be vital in distinguishing their properties in a balanced market.