Long Beach Market Report (SDMLS computed), June 2025: Benchmark Price Reaches $850,000 Amidst Balanced Conditions

Long Beach Market Report (SDMLS computed) — June 2025

The Long Beach real estate market concluded June 2025 with a composite benchmark price of $850,000, reflecting a modest increase from May's $842,500. Total sales for the month reached 77 transactions, a decrease from the 174 sales recorded in May, as the market maintained a balanced condition.

Market Analysis

The Long Beach market experienced a slight upward trend in its composite benchmark price, climbing to $850,000 in June from $842,500 in May. This incremental growth suggests continued underlying demand, even as the market is characterized as balanced.

However, total sales activity saw a notable reduction, with 77 transactions completed in June compared to 174 in the preceding month. This decline in sales volume indicates a shift in market pace, though the overall market condition remains balanced.

Property Type Analysis

A detailed look at property types reveals significant variations across the Long Beach market. Detached homes commanded the highest benchmark price at $1,032,500, accounting for the majority of sales with 46 transactions.

Attached/Townhouse properties recorded a benchmark price of $862,500 with 6 sales, while the Apartment segment saw a benchmark price of $482,250 and 22 sales. The disparity in prices and sales volume underscores the diverse preferences and affordability tiers within the Long Beach area.

Regional Highlights

Regionally, the Long Beach market's performance in June 2025 reflects a nuanced environment. The sustained growth in the composite benchmark price, albeit modest, points to a resilient valuation trend across the area.

The reduction in overall sales volume suggests a potential cooling of transaction activity compared to the prior month, aligning with a balanced market condition where neither buyers nor sellers hold a significant advantage.

For Buyers

Buyers in the Long Beach market should carefully evaluate properties and be prepared for a competitive, yet balanced, environment. While prices have shown a modest increase, the market condition offers opportunities for thoughtful negotiation. Consulting with a local real estate professional to understand specific neighborhood dynamics is advisable.

For Sellers

Sellers in Long Beach should focus on strategic pricing and strong property presentation to attract serious buyers in a balanced market. With a decrease in overall sales volume from the prior month, properties priced competitively and marketed effectively are more likely to achieve successful outcomes. Professional staging and high-quality photography can make a significant difference.