📊 September 2025 Snapshot — Long Beach, CA
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.
| Metric | Current | YoY Change | What It Means |
| Median Sold Price | $860,000 | ⬆ 5.0% | Prices ticked higher year-over-year, even with slower sales activity. |
| Homes Sold | 229 | ⬆ 2.7% | More homes closed vs. last September — a modest rebound. |
| Median Days on Market | 59 days | ⬆ from 46 days | Listings are sitting longer as buyers take more time to decide. |
| Sale-to-List Price Ratio | 99.4% | ⬇ 0.8 pts | Buyers are negotiating ~0.6% off list on average. |
| Listings with Price Drops | 31.8% | ⬆ 11 pts | Nearly one-third of sellers had to reduce pricing to attract offers. |
| 30-Year Fixed Mortgage Rate (Freddie Mac PMMS) | 6.20 % | — | Rates remain below last year’s highs, offering some relief. |
Source: Redfin — September 2025 Long Beach Market Data; Freddie Mac PMMS.
The Long Beach housing market continues to walk the line between balance and opportunity.
Prices rose 5% year-over-year, but that strength masks a slower sales rhythm — homes are now taking nearly two months to sell on average. With 31% of listings cutting price before going under contract, it’s clear that accurate pricing is critical.
Mortgage rates have steadied in the low-6s, bringing back some affordability and keeping serious buyers engaged through the fall.
For Sellers
- Price to the moment. The buyers in today’s market are informed and patient; they’re passing on overpriced listings.
- Condition counts. Homes that show beautifully (fresh paint, staging, curb appeal) are the ones fetching near-asking prices.
- Be flexible. Credits toward rate buydowns or closing costs often clinch a deal faster than a small price reduction.
For Buyers
- You finally have leverage. Longer DOM and more price cuts mean room to negotiate.
- Shop actively. The best listings are still moving; be ready to act when a well-priced home hits.
- Play the rate game smartly. Lock if your budget works — and plan to refinance if rates slide further.
For Investors
- Focus on yield. With slower appreciation, positive cash flow matters more than quick equity growth.
- Target stability. Areas near CSU Long Beach, hospitals, and the port continue to see strong rental demand.
- Negotiate financing terms. Ask sellers for credits that offset higher short-term interest costs.
🌴 Neighborhood Highlights
East Long Beach / Lakewood Adjacent:
Family-oriented neighborhoods remain steady; move-in-ready homes are outperforming the market average.
Downtown / Alamitos Beach / Poly:
Condos are sitting longer, but first-time buyers are finding value in price-adjusted listings.
Belmont Shore / Naples:
Demand for lifestyle properties stays high, though buyers are scrutinizing condition and pricing more closely.
North Long Beach:
Median home price hovers around $725,000 (up roughly 9% YoY). Homes here sell in about 42 days and often draw two offers on average. The area is still labeled “somewhat competitive,” favoring buyers who know how to spot value and sellers who price realistically. Expect steady demand from affordability-focused move-up and first-time buyers.
Bixby Knolls / Cal Heights / Los Cerritos Corridor:
These heritage neighborhoods remain among the strongest submarkets in Long Beach. Median prices hover around $1.04 million, with homes spending about 33 days on market and experiencing solid YoY appreciation (~17%). Architectural charm, walkable streets, and community character continue to drive premium demand — though buyers are pickier about condition at this price point.
The Bottom Line
September’s data confirms what we’re feeling on the ground. The Long Beach housing market is healthy but realistic. Buyers have regained a seat at the table, while sellers who price right and prepare properly are still achieving strong results. Heading into Q4, we’re in a skills-based market — strategy, presentation, and negotiation win.
Thinking about buying or selling in Long Beach? Anderson Real Estate Group has led the Long Beach market for over 15 years. Let’s build your plan to move confidently.
