90806 market update

90806 Market Update

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90806 Market Update: Real Estate Statistics and Information for the 90806 Areas of Long Beach, CA

Includes Real Estate Information for Wrigley and the Surrounding Areas of 90806

Although the median home price in 90806 dipped slightly in February 2016, it still represents a 7.8% increase from the prior February. Despite fluctuations, home prices in 90806 have gone up by about $100,000 over the past few years.

The number of active listings in 90806 is at its lowest level in years. In February 2016 there were just 17 active listings on the market in 90806, which represents a 34.6% drop from February 2015.

Not surprisingly, given the low number of active listings and high demand, the inventory of available homes for sale in Wrigley also hit a low point last month. In February 2016 there was just a 1.3 month supply of homes for sale in 90806. This is 35% lower than inventory the year prior in February.  Inventory has not been at a level that’s considered “balanced” since the summer of 2014.

Condominiums in 90806

The median price of condos in 90806 dropped substantially in the past month. In December 2016 the median price reached a peak of $315,900. However, a month later in February, the median price dropped to $231,000. This dip continues an erratic pattern of condo pricing in 90806. The erratic pattern is in part due to the fact that there aren’t many condos in 90806.

There are very few active condo listings in 90806. In February 2016 there were just two active listings. However, in February 2015 there was just one active listing.

The supply of condos in 90806 has dropped quite a bit in recent months. In October 2015 there was a six month supply of homes. Inventory has since dropped to a 1.5 month supply in February 2016. This is considered very low and strongly favors sellers.

Sellers Market

Inventory is quite low in the Wrigley neighborhood. People are shopping for homes but there just aren’t enough homes on the market to meet the demand. If you are thinking about selling your home in 90806, now is a great time.

90806 Homes in Escrow

$737,000
For Sale
2400 Pasadena Avenue
Long Beach, CA 90806
Multi-Family - Active Under Contract
$705,000
For Sale
1917 Lewis Avenue
Long Beach, CA 90806
Poly High (PH) - Active Under Contract
$629,900
For Sale
3
Beds
1
Baths
2,000
Sq Ft
1911 Cedar Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$575,000
For Sale
3
Beds
2
Baths
1,140
Sq Ft
2658 Daisy Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$574,900
For Sale
3
Beds
2
Baths
1,398
Sq Ft
2840 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
Short Sale
$550,000
For Sale
4
Beds
2
Baths
1,300
Sq Ft
3136 San Francisco Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
New Listing - 3 weeks online
$499,000
For Sale
2
Beds
1
Baths
1,138
Sq Ft
2923 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$459,500
For Sale
2
Beds
1
Baths
1,309
Sq Ft
2124 Pasadena Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$450,000
For Sale
2148 Lime Avenue
Long Beach, CA 90806
Poly High (PH) - Active Under Contract
$443,000
For Sale
3
Beds
2
Baths
1,225
Sq Ft
1028 E Salt Lake Street
Long Beach, CA 90806
Single Family Residence - Active Under Contract
New Listing - 4 weeks online
$349,900
For Sale
2
Beds
2
Baths
1,037
Sq Ft
1881 Atlantic Avenue
Long Beach, CA 90806
Townhouse - Active Under Contract
$325,000
For Sale
2
Beds
2
Baths
1,037
Sq Ft
1879 Atlantic Avenue #15
Long Beach, CA 90806
Townhouse - Active Under Contract

Homes for Sale in 90806

New Listing - yesterday
$625,000
For Sale
4
Beds
2
Baths
1,628
Sq Ft
2768 Maine Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - yesterday
$469,000
For Sale
3
Beds
2
Baths
1,051
Sq Ft
3249 Oregon Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 5 days online
$479,000
For Sale
4
Beds
2
Baths
1,472
Sq Ft
521 E Rhea Street
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$465,000
For Sale
3
Beds
1
Baths
1,242
Sq Ft
2274 Pine Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$449,500
For Sale
1
Beds
1,320
Sq Ft
335 W Pacific Coast Highway W
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$399,900
For Sale
2
Beds
1
Baths
754
Sq Ft
917 E 20th Street
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$479,900
For Sale
3
Beds
3
Baths
1,382
Sq Ft
2040 Atlantic Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 3 weeks online
$585,000
For Sale
3
Beds
2
Baths
1,612
Sq Ft
3261 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 3 weeks online
$499,000
For Sale
2
Beds
1
Baths
1,138
Sq Ft
2923 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$499,000
For Sale
3
Beds
2
Baths
1,265
Sq Ft
2010 Pasadena Avenue
Long Beach, CA 90806
Single Family Residence - Active
$489,000
For Sale
3
Beds
1
Baths
1,007
Sq Ft
1825 Myrtle Avenue
Long Beach, CA 90806
Single Family Residence - Active
$574,900
For Sale
3
Beds
2
Baths
1,398
Sq Ft
2840 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$429,900
For Sale
3
Beds
2
Baths
1,094
Sq Ft
930 E 20th Street
Long Beach, CA 90806
Single Family Residence - Active
$629,900
For Sale
3
Beds
1
Baths
2,000
Sq Ft
1911 Cedar Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$469,000
For Sale
3
Beds
2
Baths
1,250
Sq Ft
1949 Olive Avenue
Long Beach, CA 90806
Single Family Residence - Active
$485,000
For Sale
2
Beds
1
Baths
1,760
Sq Ft
1918 Lewis Avenue
Long Beach, CA 90806
Single Family Residence - Active
$575,000
For Sale
3
Beds
2
Baths
1,140
Sq Ft
2658 Daisy Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$459,500
For Sale
2
Beds
1
Baths
1,309
Sq Ft
2124 Pasadena Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
Short Sale
$550,000
For Sale
4
Beds
2
Baths
1,300
Sq Ft
3136 San Francisco Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$443,000
For Sale
3
Beds
2
Baths
1,225
Sq Ft
1028 E Salt Lake Street
Long Beach, CA 90806
Single Family Residence - Active Under Contract

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