Market update June 2026
Closed Sales PWR Region for June
The basic story here is that, for the entire area covered by Pacific West Board of Realtors in multiple cities on either side of the the Orange County line, single family median sales volume in June of this year is somewhat higher than the last two years for single family homes, but has trended downward in 2026. Condo sales volume is somewhat higher for June compared to 2 years ago, but has also trended downward in 2026. This varies by areas, of course.
Condos in Long Beach have been taking longer to sell in many cases, and condo median price ($515,000) in Long Beach has also trended downward by 1.4%, while the months supply of inventory has increased to 5.7 months, up over 9% since June of last year. Months supply of inventory for SFRs (median price $1,042,500) in Long Beach has decreased to 2.8 months since June of last year. Traditionally, 6 months of inventory was a "normal" market inventory.
For a comprehensive Long Beach-level CMA, reach out to
Julia Huntsman at Huntsman Properties, julia@abodes.realestate.
For local neighborhood updates in Long Beach, go to my Latest Market Reports and Statistics, automated reports (every 2 days), at https://www.abodes.realestate/market-reports-newsletter
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