90804 Real Estate Market Update

90804 Real Estate Market Update

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90804 Real Estate Market Update
October 2015

Including the neighborhoods of Rose Park, Eastside, and
Circle Area.

 

The springtime saw very sporadic changes in the number of closed sales of single family homes in the 90804 area, however September brought only a slight change. There were 8 closed sales in September, which is down 1 from August, but 14.3% higher than this time last year.

 

The months supply of inventory dropped slightly this past month, landing at 3.0, but this is still 42.9% higher than levels were in September 2014.

 

After a record peak at $575,000 this past August, median sales prices of single family homes in this area dropped to $461,250. This, however, is still one of the highest months of the year and is 7.3% higher than last year.

 

The median number of days on market for single family homes has been dropping since mid-summer, and September was no exception. Homes are currently on the market an average of 25 days, which is 50% less than this time last year.

 

90804 Condo Sales

The number of closed sales of 90804 condos reached a record high for the second time this year (tied with April 2015) at 17 closed sales. This is a whopping 142.9% higher than this time last year.

 

Median sales price for 90804 condos, on the other hand, took a slight drop this past month. The median price is currently at $250,000, which is still 4.2% higher than September 2014.

 

The months supply of condos in the 90804 area saw a decline for the second month in a row, landing at 2.5. This is the lowest inventory rate of 2015 so far, and 30.6% lower than this time last year.

 

A great market for both buyers and sellers!

Whether you’re looking to buy or looking to sell in the 90804 area, there are current market trends that will benefit both ends of the deal. If you have any further questions about the real estate market, don’t hesitate to call! 562.896.2456

 

Want to know how 90804 compares to the rest of Long Beach? Find out now!

 

Homes for Sale in 90804

$1,249,000
For Sale
4
Beds
3
Baths
2,688
Sq Ft
830 Santiago Avenue
Long Beach, CA 90804
Single Family Residence - Active
$995,000
For Sale
1050 Obispo Avenue
Long Beach, CA 90804
Other (OTHR) - Active
$879,900
For Sale
732 Redondo Avenue
Long Beach, CA 90804
Multi-Family - Active
$870,000
For Sale
3200 E 10th Street
Long Beach, CA 90804
Other (OTHR) - Active
$859,000
For Sale
5
Beds
2
Baths
4,535
Sq Ft
1617 Temple Avenue
Long Beach, CA 90804
Single Family Residence - Active
New Listing - 3 weeks online
$849,999
For Sale
3
Beds
3
Baths
1,560
Sq Ft
756 Coronado Avenue
Long Beach, CA 90804
Multi-Family - Active Under Contract
$845,000
For Sale
1021 Bennett Avenue
Long Beach, CA 90804
Belmont Heights (BH) - Active Under Contract
New Listing - a week online
$675,000
For Sale
3
Beds
2
Baths
1,322
Sq Ft
737 Molino Avenue
Long Beach, CA 90804
Single Family Residence - Active
$650,000
For Sale
2
Beds
1
Baths
1,682
Sq Ft
1447 Newport Avenue
Long Beach, CA 90804
Single Family Residence - Active
$650,000
For Sale
3
Beds
1
Baths
1,201
Sq Ft
1082 Raymond Avenue
Long Beach, CA 90804
Single Family Residence - Active
$649,000
For Sale
2
Beds
1
Baths
884
Sq Ft
3926 E Wilton Street
Long Beach, CA 90804
Single Family Residence - Active
$625,000
For Sale
2026 E 15th Street
Long Beach, CA 90804
Poly High (PH) - Active Under Contract
$609,995
For Sale
1111 Ohio Avenue
Long Beach, CA 90804
Multi-Family - Active Under Contract
New Listing - yesterday
$599,000
For Sale
3
Beds
1
Baths
1,248
Sq Ft
1425 N Anaheim Place
Long Beach, CA 90804
Single Family Residence - Active Under Contract
New Listing - 4 weeks online
$579,900
For Sale
2
Beds
1
Baths
1,168
Sq Ft
1075 Ximeno Avenue
Long Beach, CA 90804
Single Family Residence - Active
New Listing - 4 weeks online
$565,000
For Sale
2
Beds
1
Baths
1,197
Sq Ft
4231 E 14th Street
Long Beach, CA 90804
Single Family Residence - Active Under Contract
$565,000
For Sale
3
Beds
2
Baths
1,402
Sq Ft
2930 E 15th Street
Long Beach, CA 90804
Single Family Residence - Active
$550,000
For Sale
3
Beds
2
Baths
1,543
Sq Ft
2703 E 7th
Long Beach, CA 90804
Multi-Family - Active Under Contract
New Listing - 2 weeks online
$549,000
For Sale
5
Beds
2
Baths
1,975
Sq Ft
1225 Molino Avenue
Long Beach, CA 90804
Single Family Residence - Active
New Listing - 2 weeks online
$549,000
For Sale
3
Beds
1
Baths
1,178
Sq Ft
3645 E 17th Street
Long Beach, CA 90804
Single Family Residence - Active

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