October 2026 Long Beach Real Estate Market Report: Pending Sales Fall Again
Long Beach pending sales fell again in October 2026, and homes took longer to sell. Single-family pending sales dropped 62.5% from a year earlier to 54, the median single-family price was $962,500, down 0.8% from last October, and the typical home took 34 days to sell, up from 28. Condos and townhomes cooled the same way, with pending sales down 59.5% and a median of $550,000. The September report promised a follow-up on pending sales, and this is it.
Source: Pacific West Association of REALTORS® (PWR) Local Market Update for October 2026, based on CRMLS data and current as of November 2, 2026. Figures cover Long Beach (Los Angeles County) as a whole. Sales prices do not account for seller concessions or down payment assistance.
October 2026 Snapshot: Single-Family Homes vs. Condos
| Metric | Single-Family (Oct 2026) | Single-Family YoY | Townhomes & Condos (Oct 2026) | Condos YoY |
|---|---|---|---|---|
| Median Sales Price | $962,500 | -0.8% | $550,000 | -0.5% |
| Average Sales Price | $1,117,610 | +1.9% | $607,010 | +4.2% |
| Days on Market | 34 Days | +21.4% (Slower) | 66 Days | +29.4% (Slower) |
| % of Original List Price Received | 98.1% | -0.9% | 96.6% | +0.9% |
| Pending Sales | 54 | -62.5% | 32 | -59.5% |
| Closed Sales | 116 | -12.1% | 57 | -14.9% |
| New Listings | 122 | -26.5% | 83 | -21.0% |
| Active Inventory | 335 Homes | +8.8% | 341 Units | +2.1% |
| Months Supply of Inventory | 3.1 Months | +19.2% | 5.8 Months | +13.7% |
Year-over-year changes compare October 2026 with October 2025. One month of data can swing on a handful of sales, so I also lean on the 12-month figures below.
How I Read the October Numbers
Pending sales fell again, and by more
Single-family pending sales were 54, down 62.5% from 144 a year earlier. September’s drop was 43.7%, and the count slipped from 71 in September to 54 in October. Over the last 12 months, single-family pending sales are down only 6.6%, so the last two months are much weaker than the yearly pattern. Pending sales lead closings, so I would expect closings to soften if this continues. For now closed sales are milder, at 116, down 12.1%.
Homes took longer and sold for a bit less relative to list
The typical single-family home took 34 days to sell, up from 31 in September and 28 a year ago. Sellers received 98.1% of the original list price on average, roughly $18,300 below asking at the median, compared with 99.2% in September and a 12-month figure of 99.2%. The September 2026 Long Beach market report has the earlier reading.
The median dipped, so start with the 12-month number
The October median of $962,500 is below September’s $1,025,000, but monthly medians move with the mix of homes that happened to close. The 12-month median is $1,015,000, up 4.7%, which is the steadier read. The average of $1,117,610 sits more than $155,000 above the median, so a group of higher-priced homes lifted the average. I would not treat the average as what a typical home sold for.
Supply is edging up
Active single-family inventory is 335 homes, up 8.8% from a year ago, and months of supply is 3.1, up from 2.6. A common rule of thumb treats under 4 months as favoring sellers, so single-family still leans that way. New listings fell 26.5% to 122, so supply is rising even though fewer sellers are listing, which suggests homes are leaving the market more slowly.
Condos and Townhomes: Slower and More Balanced
Condos and townhomes took 66 days to sell, up 29.4%, and sellers received 96.6% of the original list price, about $18,700 below asking at the median. Months of supply is 5.8, and pending sales fell 59.5% to 32. The October median of $550,000 is close to September’s $555,000 and above the 12-month median of $520,000, which is down 1.2%. With 57 closed sales, treat the monthly condo figures as directional.
Citywide Numbers Are a Starting Point
This report covers Long Beach as a whole, and the city does not behave like one market. Prices, days on market, and buyer competition can look very different from one neighborhood to the next. If you are comparing areas, start with the Long Beach neighborhoods guide and then look at recent sales on the specific streets you care about.
Bao’s Take: Beyond the Numbers
If you are selling
With pending sales down more than 60%, fewer buyers are signing contracts, and homes are taking longer. Price matters more than it did a few months ago. A single-family home priced to recent closed sales can still sell in about a month, while one priced above them is likely to join the homes that sit. I walk through the pricing check in How to Tell If a Long Beach Home Is Overpriced, and Why Some Long Beach Homes Sell Quickly While Others Sit for Months covers what separates fast sales from slow ones. For timing, see Should You Sell Your Long Beach Home Now or Wait Until 2027?
If you are buying
Rising inventory and longer days on market give you more time and a little more room than a month ago, but the average discount on single-family homes is still small, about 1.9% off the original list price at the median. Look at how long each home has been listed and whether the price has changed, which I cover in How Much Can You Negotiate Off the Asking Price in Long Beach? Condos give you more room, but check the HOA’s finances before you rely on the discount. If you are weighing whether to wait, Should You Buy a Home in Long Beach Right Now? and Should You Wait for Mortgage Rates to Fall Before Buying? cover that decision.
What I Am Watching in November
Whether pending sales stabilize. If November’s single-family count recovers from 54, October may have been a dip. If it falls again, I would expect inventory to keep building and price reductions to show up first on homes that sit.
Nearby market reports (October 2026): Garden Grove, Lakewood, Cerritos, Cypress, Los Alamitos, Artesia.
Planning Your Next Move in Long Beach?
Citywide statistics give you the backdrop. What your home is worth, or what a home is worth to you, depends on the street, the condition, and what is competing with it.
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Buying? Schedule a Market Consultation With Bao
Baotuan Nguyenphuoc, REALTOR®, Seller Representative Specialist (SRS), real estate broker since 2007. I work with home sellers and buyers, including first-time buyers, in Long Beach and nearby communities. More market analysis is on the NP Realty blog.
