Real Estate Market Update for Long Beach, CA

Video: Real Estate Community Tour for Long Beach, CA

See Real estate community tour for Long Beach, CA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 29% from one year earlier, and down 10% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 490-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 11%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 450-thousand dollars. The number of units sold increased 7% year-over-year, and decreased 2% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Long Beach, CA
Area Information for Long Beach, CA
  • Population: 466,736
  • Median Age: 33.04 yr
  • Median Commute Time: 23.43 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 9,280/sq mi
  • Population Change Since 2000: 1.02%
  • Closest Airport: Long Beach /daugherty Field/
  • Closest College: Devry University -long Beach
  • Closest Jr. College: Long Beach City College
  • Median Household Income: $52,460
  • Annual Residential Turnover: 23.16%
  • Median Years in Residence: 2.7 yr
  • Median Home Sales Price: $305,000
  • Closest Major Sports Team: Cd Chivas Usa
  • Change Avg. Household Income Since 2000: 39%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Long Beach, CA
Median Age: 33.04 Married: 23% Number of Households: 165,129 Households with Children: 59,730
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Long Beach, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Robinson (jackie) Elementary 0.0 mi Public K-8 2-5 4
      Holy Innocents Elementary 0.2 mi Catholic K-8 0 4
      Birney Elementary 0.5 mi Public K-5 2-5 4
      Burnett Elementary 0.8 mi Public K-5 0 3
      Pacific Baptist 0.8 mi Private PRESCHOOL-12 0 5
      Parkridge Private School 1.1 mi Private K-12 0 5
      Muir Elementary 1.1 mi Public K-8 3 4
      Signal Hill Elementary 1.3 mi Public K-5 0 4
      New City Public School 1.3 mi Public K-8 0 4
      Stephens Middle School 1.4 mi Public 6-8 2 3
      St Lucy School 1.4 mi Catholic PRESCHOOL-8 0 5
      Polytechnic High School 1.4 mi Public 9-12 3 4
      Roosevelt Elementary 1.5 mi Public K-5 0 3
      Webster Elementary 1.5 mi Public K-5 3 3
      Los Cerritos Elementary 1.5 mi Public K-5 4 4
      Oakwood Academy Ps & Kindergarten 1.5 mi Private PRESCHOOL-K 0 5
      Oakwood Academy 1.5 mi Private K-5 0 4
      Washington Middle School 1.5 mi Public 6-8 1 4
      Longfellow Elementary 1.5 mi Public K-5 4 5
      Hughes Middle School 1.6 mi Public 6-8 3-5 4
      Cabrillo (juan Rodriguez) High School 1.6 mi Public 9-12 1 3
      Alvarado Elementary 1.6 mi Public PRESCHOOL-5 0 4
      Hudson Elementary 1.6 mi Public K-8 2-5 4
      Whittier Elementary 1.7 mi Public K-5 0 3
      St Barnabas Elementary 1.9 mi Catholic PRESCHOOL-8 0 5
      Ernest S Mcbride High School 1.9 mi Public 9-12 0 5
      First Baptist Church School 1.9 mi Private PRESCHOOL-12 0 4
      Lincoln Elementary 2.0 mi Public K-5 0 3
      Westerly School Of Long Beach 2.1 mi Private K-8 0 5
      Renaissance High School Of The Arts 2.1 mi Public 9-12 3-5 4
      Saint Anthony High School 2.3 mi Catholic 9-12 0 4
      Edison Elementary 2.3 mi Public K-5 0 5
      Stevenson Elementary 2.4 mi Public K-5 0 3
      Lee Elementary 2.4 mi Public K-5 0 4
      St Anthony Elementary 2.4 mi Catholic PRESCHOOL-8 0 4
      Franklin Middle School 2.5 mi Public 6-8 2-5 3
      Willard Elementary 2.8 mi Public K-5 0 3
      Dooley Elementary 2.8 mi Public K-5 2-5 2
      Lindsey (perry) Academy 2.9 mi Public 6-8 2 4
      Burbank Elementary 2.9 mi Public K-5 0 3
      Marina Montessori 3.0 mi Private PRESCHOOL-K 0 4
      Bryant Elementary 3.2 mi Public K-5 3 4
      St Athanasius Elementary 3.3 mi Catholic K-8 0 4
      Bethany Baptist Elementary 3.5 mi Private PRESCHOOL-8 0 4
      Wilson High School 3.5 mi Public 9-12 3-5 4
      Our Lady Of Refuge Elementary School 3.5 mi Catholic K-8 0 5
      Mann Elementary 3.6 mi Public K-5 2 4
      Bixby Elementary 3.6 mi Public K-5 3 4
      Fremont Elementary 3.6 mi Public K-5 4-5 5
      Carver Elementary 3.7 mi Public K-5 4-5 5
      Harte Elementary 3.8 mi Public K-5 0 2
      St Cornelius 4.0 mi Catholic K-8 0 4
      Twain Elementary 4.0 mi Public K-5 4 5
      Carnegie (andrew) Middle School 4.1 mi Public 6-8 1 3
      Gethsemane Baptist Christian 4.1 mi Private PRESCHOOL-12 0 3
      Burcham Elementary 4.2 mi Public K-5 2-5 4
      Bethany Lutheran 4.2 mi Private PRESCHOOL-8 0 5
      Montessori Children's House 4.2 mi Private PRESCHOOL-5 0 4
      Carson Montessori Academy 4.2 mi Private PRESCHOOL-5 0 4
      St Cyprian Elementary 4.3 mi Catholic PRESCHOOL-8 0 4
      Stanford Middle School 4.3 mi Public 6-8 4 4
      Bancroft Middle School 4.3 mi Public 6-8 3-5 3
      Gant Elementary 4.4 mi Public K-5 5 5
      Montessori School Eureka 4.4 mi Private PRESCHOOL-3 0 4
      Marshall Middle School 4.4 mi Public 6-8 2-5 4
      First Lutheran Child Development Center 4.5 mi Private PRESCHOOL-K 0 4
      Lakewood Christian Schools 4.5 mi Private PRESCHOOL-8 0 5
      Prisk Elementary 4.5 mi Public K-5 4 4
      Magnolia Science Academy 3 4.5 mi Public 6-12 2 4
      Rogers Middle School 4.5 mi Public 6-8 5 4
      Catskill Avenue Elementary 4.5 mi Public PRESCHOOL-5 2-5 4
      Jordan High School 4.6 mi Public 9-12 2 3
      Lowell Elementary 4.6 mi Public K-5 5 5
      Dolores Street Elementary 4.7 mi Public K-5 3 4
      Millikan Senior High School 4.7 mi Public 9-12 3 3
      King Elementary 4.7 mi Public K-5 2 3
      St Joseph Elementary 4.8 mi Catholic K-8 0 4
      New Millennium Secondary School 4.8 mi Public 9-12 1 3
      Henry K 8 School 4.9 mi Public K-8 4 4
      Emerson Parkside Academy 5.0 mi Public K-5 4 5
      Carson Street Elementary 5.1 mi Public PRESCHOOL-5 3-5 4
      St Philomena Elementary 5.1 mi Catholic K-8 0 4
      St Maria Goretti Elementary 5.2 mi Catholic K-8 0 4
      Los Altos Brethren School 5.2 mi Private PRESCHOOL-6 0 5
      Two Hundred Thirty Second Place 5.2 mi Public PRESCHOOL-5 4 4
      Naples Elementary 5.2 mi Public K-5 5 4
      Leapwood Avenue Elementary 5.2 mi Public K-5 1 3
      Cubberley Elementary 5.2 mi Public PRESCHOOL-8 3-5 4
      Hamilton Middle School 5.2 mi Public 6-8 2-5 4
      Hill Middle School 5.3 mi Public 6-8 3 4
      Caroldale Learning Community 5.3 mi Public PRESCHOOL-8 3 3
      Carson Christian School 5.4 mi Private K-12 0 4
      Tincher Elementary 5.5 mi Public K-8 4 4
      White (stephen M.) Middle School 5.5 mi Public 6-8 1 4
      Kettering Elementary 5.5 mi Public PRESCHOOL-5 4 4
      Giant Steps Children's Center 5.6 mi Private PRESCHOOL-K 0 4
      Towne Avenue Elementary 5.6 mi Public PRESCHOOL-5 2-5 3
      Newcomb Elementary 5.7 mi Public K-8 4-5 4
      Bunche (ralph) Elementary 6.6 mi Public K-7 2-5 4
      Ambler Avenue Elementary 6.7 mi Public PRESCHOOL-5 2 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Long Beach, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.