162 Rivo Alto Canal, Long Beach
Comparative Market Analysis

162 Rivo Alto Canal

Long Beach, CA 90803

Estimated Value
$3,556,000
Homes.com estimate
Comparable Average
$3,341,792
15 comparable sales
Subject Property

3 bed, 2.5 bath Long Beach single-family

Bedrooms
3
Bathrooms
2.5
Living Area
2,365 sq ft
Property Type
Single-Family

Homes.com estimated value: $3,556,000, within an estimated value range of $2,851,875 to $4,100,000.

Market Summary

What 15 comparable sales tell us

Price Range
$2,851,875 – $4,100,000
Average Sale Price
$3,341,792
Average $ / Sq Ft
$1,122
Average Days on Market
81
Sold vs. List Price
~97%
Comparable Sales
15

Summary reflects 15 comparable sales. Individual comparable-sale detail is available on request. Information is deemed reliable but not guaranteed.

Analysis & Pricing Takeaway

Positioning 162 Rivo Alto Canal

The current estimated value for 162 Rivo Alto Canal is $3,556,000, inside a range of $2,851,875 to $4,100,000. The comparable set of 15 sales averages $3,341,792, or $1,122 per square foot, with an average market time of 81 days and closings at approximately 97% of list price. That combination describes the pace and the discipline this segment is currently rewarding.

Applied mechanically, the $1,122 per square foot average against 2,365 square feet indicates roughly $2,653,000 — but the comparable set includes both smaller interior-street homes and larger rebuilt waterfront properties, which is why the estimate is weighted toward frontage and condition rather than raw square footage. The pricing conversation therefore runs between the $3,341,792 comparable average and the $3,556,000 estimate, with the 81-day average market time arguing for a launch price that is credible on day one rather than one that needs a reduction to find its audience.

Prepared By

Gregg Perrah

First Team Real Estate · DRE #01200203

People Before Things. This analysis was prepared to give the owners of 162 Rivo Alto Canal a clear, data-backed view of the current Long Beach market before making a pricing decision.