Long Beach Real Estate Market Trends
Market Overview for Quarter 2, 2024
Median Sale Price
10.7% YoY
Median Price/Sqft
9% YoY
No. of Transactions
-8.7% YoY
County Median Sale Price
7.4% YoY
In Q2, the median home sale price in Long Beach was $830K, an increase of 10.7% year-over-year. By contrast, sales activity trended down with 659 deals closed, representing a decline of -8.7% compared to the same period last year. The median price per square foot in Q2 was $651, a change of 9% year-over-year, while the median sale price in Los Angeles County was $875K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Los Angeles County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Malibu | $4,195,000 |
| 2 | Beverly Hills | $3,083,000 |
| 3 | Palos Verdes Estates | $2,935,000 |
| 4 | San Marino | $2,920,000 |
| 5 | Manhattan Beach | $2,787,500 |
| 6 | Rolling Hills Estates | $2,300,000 |
| 7 | Hermosa Beach | $2,212,500 |
| 8 | Calabasas | $1,778,250 |
| 9 | Rancho Palos Verdes | $1,750,000 |
| 10 | Santa Monica | $1,727,500 |
| 11 | South Pasadena | $1,670,000 |
| 12 | El Segundo | $1,650,000 |
| 13 | Arcadia | $1,488,000 |
| 14 | Redondo Beach | $1,460,000 |
| 15 | Sierra Madre | $1,382,500 |
| 16 | Walnut | $1,213,000 |
| 17 | Burbank | $1,200,000 |
| 18 | Culver City | $1,160,000 |
| 19 | Glendale | $1,154,000 |
| 20 | Torrance | $1,131,000 |
| 21 | Pasadena | $1,125,000 |
| 22 | Temple City | $1,074,000 |
| 23 | Agoura Hills | $1,052,500 |
| 24 | West Hollywood | $1,036,250 |
| 25 | Los Angeles | $1,025,000 |
| 26 | Cerritos | $1,025,000 |
| 27 | San Gabriel | $984,000 |
| 28 | Diamond Bar | $978,000 |
| 29 | Claremont | $937,500 |
| 30 | Monrovia | $910,000 |
| 31 | LA Verne | $905,000 |
| 32 | LA Mirada | $875,000 |
| 33 | San Dimas | $866,500 |
| 34 | Alhambra | $866,000 |
| 35 | Lakewood | $850,000 |
| 36 | Rosemead | $850,000 |
| 37 | Glendora | $840,000 |
| 38 | Hawthorne | $837,500 |
| 39 | Long Beach | $830,000 |
| 40 | Downey | $830,000 |
| 41 | Whittier | $815,000 |
| 42 | West Covina | $810,000 |
| 43 | Monterey Park | $810,000 |
| 44 | Santa Clarita | $809,500 |
| 45 | Duarte | $805,000 |
| 46 | Lomita | $795,000 |
| 47 | Bellflower | $762,500 |
| 48 | Gardena | $755,000 |
| 49 | El Monte | $749,500 |
| 50 | Pico Rivera | $735,000 |
| 51 | Montebello | $725,000 |
| 52 | Norwalk | $722,500 |
| 53 | LA Puente | $720,000 |
| 54 | Carson | $715,000 |
| 55 | Covina | $700,000 |
| 56 | Baldwin Park | $685,000 |
| 57 | Azusa | $680,000 |
| 58 | Pomona | $670,000 |
| 59 | South Gate | $655,000 |
| 60 | Compton | $630,000 |
| 61 | Lynwood | $629,500 |
| 62 | Inglewood | $620,000 |
| 63 | Paramount | $517,500 |
| 64 | Palmdale | $495,000 |
| 65 | Lancaster | $455,000 |
Residential Property Types Sold in Long Beach
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $535K | 2.9% | $588 | 2.3% | 215 |
| House | $935K | 10% | $691 | 12% | 444 |
The Q2 median sale price for Long Beach houses was $935K, increasing 10% year-over-year. While the median for houses was trending up, condo prices in Long Beach remained flat year-over-year at $535K.
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