Florence Omolafe - Real Estate Agent

Florence Omolafe - Real Estate Agent A reliable, dependable real estate agent focusing on serving buyers and sellers in Orange County
REMAX Professionals

08/10/2026

Mon Aug 10 2026
This week the median list price for Long Beach, CA is $1,087,450 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 290.

08/03/2026

Long Beach, CA

Mon Aug 03 2026
This week the median list price for Long Beach, CA is $1,099,000 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has increased to 292.

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Long Beach market.
Median List Price

$1,099,000
Median Price of New Listings

$899,000
Per Square Foot

$720
Average Days on Market

66
Median Days on Market

42
Price Decreased

33%
Price Increased

5%
Inventory

292
Median Rent

$2,873
Market
45

06/15/2026

Long Beach, CA

Mon Jun 15 2026
This week the median list price for Long Beach, CA is $1,100,000 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has increased to 257

05/29/2026

Long Beach, CA

Thu May 28 2026
This week the median list price for Long Beach, CA is $1,150,000 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has increased to 281.

04/29/2026
04/27/2026

Long Beach, CA

Mon Apr 27 2026
This week the median list price for Long Beach, CA is $1,135,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has increased to 244.
Market Narrative
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

04/13/2026

Long Beach, CA

Mon Apr 13 2026
This week the median list price for Long Beach, CA is $1,179,000 with the market action index hovering around 52. This is about the same as last month's market action index of 52.

04/08/2026

A lot of people think inventory is out of control right now.

But when you compare today’s numbers to pre-pandemic norms, the picture looks a lot different.

04/06/2026

Long Beach, CA

Mon Apr 06 2026
This week the median list price for Long Beach, CA is $1,149,500 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has increased to 230.

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Address

Cypress, CA

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