Long Beach Housing Market Update — August 2025
Welcome to Anderson Real Estate Group’s monthly update on the Long Beach real estate market. We break down the numbers, trends, and what they mean for anyone thinking about buying or selling a home in our city.
Long Beach Housing Market Snapshot (July 2025)
- Median home price: $827,500 (down about 9% from last year)
- Homes sold: 214 (13% fewer than last year)
- Average time to sell: 53 days (slower than 35 days last year)
- Sale-to-list price ratio: 99.3% (buyers are negotiating a little off asking prices)
- Active listings: ~559 homes (27% more than last year)
- New listings: ~270 homes (6% fewer than last year)
- Listings with price cuts: 29%
- 30-year mortgage rate (August): around 6.6%
What’s Happening in the Long Beach Real Estate Market?
The Long Beach housing market is cooling down compared to last summer. Home prices are a bit lower, buyers have more homes to choose from, and sellers are waiting longer for offers. The big picture? We’re not seeing a market crash—just a more balanced market where buyers and sellers both have to be strategic.
Mortgage rates dropped into the mid-6% range, giving buyers a little more breathing room with monthly payments. Combined with more inventory on the market, it’s creating opportunities that didn’t exist last year.
What This Means for Sellers
If you’re selling a home in Long Beach:
- Price it right. Overpricing almost always leads to price cuts and longer days on market. Start with realistic pricing to attract serious buyers.
- Presentation matters. Homes that are clean, move-in-ready, and staged sell faster and closer to list price.
- Offer buyer-friendly terms. Consider credits for closing costs, rate buydowns, or flexible move-out timelines.
What This Means for Buyers
If you’re buying a home in Long Beach:
- Get pre-approved and fully underwritten. Sellers take strong financing seriously, and it helps your offer stand out.
- Look for price reductions. Almost 3 out of 10 homes on the market have dropped their price—this is where deals can be found.
- Plan for today’s rates, but think long term. Lock in a mortgage that works now and consider refinancing if rates move lower later.
What This Means for Investors
If you’re investing in Long Beach real estate:
- Focus on properties with strong rental demand—think duplexes, triplexes, and condos near CSU Long Beach, the port, and hospital job hubs.
- Be conservative with your numbers. Factor in slightly higher vacancies and make sure your cash flow holds up.
Neighborhood Highlights
- East Long Beach / Lakewood Adjacent: Mid-century family homes still attract strong demand when updated and well-priced.
- Downtown / Alamitos Beach / Poly area: Condos and entry-level homes are seeing more price cuts—good opportunities for buyers.
- Belmont Shore / Naples: Lifestyle neighborhoods remain in demand, but buyers are negotiating harder if homes need work.
Bottom Line
The Long Beach real estate market in August 2025 is more balanced than it has been in years. Sellers need to be smart with pricing and presentation, while buyers finally have some negotiating power and more homes to choose from. Mortgage rates in the mid-6% range add another layer of opportunity.
If you’re thinking about buying or selling a home in Long Beach, the next 30–60 days could be the right time to make a move.
Ready to make your move in Long Beach real estate? Anderson Real Estate Group has been the #1 team in Long Beach for over 15 years. Let’s create the right strategy for you.
