Long Beach Market Report - February 2026: Balanced Market with Composite Benchmark at $804,250

Long Beach Market Report (SDMLS computed) — February 2026

In February 2026, the Long Beach real estate market shows a balanced condition with a composite benchmark price of $804,250. Total sales decreased to 74 from 103 in January, while new listings surged to 9,377.

Market Analysis

The Long Beach real estate market remains balanced despite a notable decrease in total sales, which fell by 28.2% from January's 103 transactions. The increase in new listings suggests that sellers are actively entering the market, potentially providing buyers with more options. However, the significant drop in sales indicates that buyer demand may be softening, leading to a more cautious approach among potential purchasers.

Property Type Analysis

When examining property types, detached homes have a benchmark price of $1,025,000 with 41 sales, indicating a continued preference for single-family residences. In contrast, attached/townhouses and apartments have lower sales figures, with only 2 and 29 transactions, respectively, despite their higher benchmark prices of $1,117,500 and $590,000. This disparity highlights a potential shift in buyer interest towards detached homes, which may offer more space and privacy.

Regional Highlights

Regionally, the influx of new listings may indicate a response to shifting market dynamics, as sellers seek to capitalize on the current balanced market conditions. However, the overall decrease in sales suggests that buyers are becoming more selective, which could lead to a stabilization of prices in the coming months as supply and demand continue to adjust.

For Buyers

For buyers, this month presents an opportunity to explore a wider range of listings due to the increase in new properties on the market. It is advisable for buyers to conduct thorough research and consider their long-term needs, as the current balanced market may allow for more negotiation room on price.

For Sellers

Sellers should take advantage of the high number of new listings by ensuring their properties are competitively priced and well-presented. With the current market conditions, it is crucial to highlight unique features and updates to attract potential buyers, as the decrease in sales may indicate a need for more compelling offerings.