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90806 Market Update: June 2016

shannonjones Buying a Home , Long Beach , long beach homes , Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

June 2016 Real Estate Market Update for the 90806 Area of Long Beach

Including the neighborhood of Wrigley and the Surrounding Areas of 90806

Home prices are on the rise in 90806.  As of May 2016, the median price was $450,000, which is 7.4% higher than the previous May. May’s median home price in 90806 was also higher than that in April, but lower than earlier this year. Even when they are rising, it’s common for prices to experience fluctuation throughout the year.

Homes are generally selling quickly in 90806. In May 2016, the median time on the market was 22 days, which is 15.4% below May 2015 and lower than it’s been for several years.

One reason homes are selling relatively quickly is the lack of inventory of homes on the market in 90806. There was just a 1.8 month supply of homes for sale in May 2016, which is below the 2.3 month supply in April and below the 2.1 month supply in May 2015.

Condominiums in 90806

Condo prices have fluctuated greatly in 90806. After showing a sharp dip in March 2016, the median condo price in 90806 jumped significantly in May 2016. At $297,000 last month, the median condo price in 90806 is 4.2% higher than the previous May. However, 90806 does not have a lot condos, as the area is primarily comprised of single family homes.

Earlier this year, the median time on market for condos in 90806 jumped to 134. In May 2016 condos stayed on the market for a median of 52 days. This reflects a 14.8% decrease from the year prior in May.

There was a 1.6 month supply of condos on the market in May 2016. Though this is very low, it’s actually up 23.1% from the year prior in May.

Bottom Line

The real estate market in 90806 is prime for those looking to sell their home. There is not a lot of competition and many people are looking to buy. If you’re thinking about putting your home on the market and want to get top dollar, give us a call today or fill out the form below!

Recent Home Sales in 90806

  1. 2 beds, 1 full bath
    Home size: 995 sq ft
    Lot size: 2,374 sqft
    Year built: 1928
    Parking spots: 4
  2. 2 beds, 1 full bath
    Home size: 1,420 sq ft
    Lot size: 5,748 sqft
    Year built: 1937
    Parking spots: 4
  3. 2 beds, 1 full bath
    Home size: 828 sq ft
    Lot size: 2,271 sqft
    Year built: 1927
    Parking spots: 3
  4. 2 beds, 1 full bath
    Home size: 1,106 sq ft
    Lot size: 6,937 sqft
    Year built: 1912
    Parking spots: 2
  5. 3 beds, 1 full, 1 half baths
    Home size: 1,688 sq ft
    Lot size: 3,473 sqft
    Year built: 1939
  6. 2 beds, 2 full baths
    Home size: 1,120 sq ft
    Lot size: 23,541 sqft
    Year built: 2007
    Parking spots: 4
  7. 2 beds, 1 full bath
    Home size: 922 sq ft
    Lot size: 5,400 sqft
    Year built: 1943
    Parking spots: 4
  8. 3 beds, 2 full baths
    Home size: 1,664 sq ft
    Lot size: 4,069 sqft
    Year built: 1948
    Parking spots: 4
  9. 5 beds, 2 full baths
    Home size: 1,700 sq ft
    Lot size: 6,521 sqft
    Year built: 2004
    Parking spots: 2
  10. 3 beds, 2 full baths
    Home size: 1,513 sq ft
    Lot size: 4,951 sqft
    Year built: 1941
  11. 2 beds, 1 full bath
    Home size: 717 sq ft
    Lot size: 2,327 sqft
    Year built: 1922
  12. 2 beds, 1 full bath
    Home size: 1,311 sq ft
    Lot size: 6,376 sqft
    Year built: 1928
    Parking spots: 4
  13. 3 beds, 1 full bath
    Home size: 1,123 sq ft
    Lot size: 3,845 sqft
    Year built: 1952
    Parking spots: 2
  14. 1 bed, 1 full bath
    Home size: 810 sq ft
    Lot size: 40,817 sqft
    Year built: 2007
    Parking spots: 2
  15. 2 beds, 1 full bath
    Home size: 728 sq ft
    Lot size: 2,449 sqft
    Year built: 1938
  16. 2 beds, 1 full bath
    Home size: 1,540 sq ft
    Lot size: 5,949 sqft
    Year built: 1939
    Parking spots: 4
  17. 3 beds, 1 full, 1 half baths
    Home size: 990 sq ft
    Lot size: 5,401 sqft
    Year built: 1945
    Parking spots: 2
  18. 2 beds, 1 full bath
    Home size: 946 sq ft
    Lot size: 6,500 sqft
    Year built: 1913
    Parking spots: 4
  19. 2 beds, 1 full bath
    Home size: 865 sq ft
    Lot size: 6,469 sqft
    Year built: 1946
    Parking spots: 4
  20. 3 beds, 2 full baths
    Home size: 2,141 sq ft
    Lot size: 9,680 sqft
    Year built: 1944
  21. 3 beds, 2 full, 1 half baths
    Home size: 1,595 sq ft
    Lot size: 2,404 sqft
    Year built: 1987
    Parking spots: 4
  22. 3 beds, 2 full baths
    Home size: 1,636 sq ft
    Lot size: 8,608 sqft
    Year built: 1939
    Parking spots: 4
  23. 2 beds, 1 full bath
    Home size: 1,030 sq ft
    Lot size: 5,525 sqft
    Year built: 1927
  24. 3 beds, 1 full bath
    Home size: 1,108 sq ft
    Lot size: 5,625 sqft
    Year built: 1919
  25. 4 beds, 3 full, 1 half baths
    Home size: 2,600 sq ft
    Lot size: 5,011 sqft
    Year built: 1948
    Parking spots: 2

See all Real estate in the 90806 zip code.
(all data current as of 4/25/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

90806 Homes in Escrow

  1. 2 beds, 2 full, 1 half baths
    Home size: 1,437 sq ft
    Lot size: 4,724 sqft
    Year built: 1931
    Parking spots: 8
    Days on market: 8
  2. 2 beds, 1 full bath
    Home size: 836 sq ft
    Lot size: 2,940 sqft
    Year built: 1980
    Parking spots: 4
    Days on market: 10
  3. 5 beds, 3 full baths
    Home size: 1,900 sq ft
    Lot size: 5,216 sqft
    Year built: 1913
    Parking spots: 8
    Days on market: 14
  4. 3 beds, 2 full baths
    Home size: 1,560 sq ft
    Lot size: 5,755 sqft
    Year built: 1971
    Parking spots: 4
    Days on market: 16
  5. 2 beds, 1 full bath
    Home size: 966 sq ft
    Lot size: 3,570 sqft
    Year built: 1947
    Parking spots: 2
    Days on market: 17
  6. 3 beds, 2 full baths
    Home size: 1,750 sq ft
    Lot size: 24,668 sqft
    Year built: 2011
    Parking spots: 4
    Days on market: 18
  7. 5 beds, 3 full baths
    Home size: 2,600 sq ft
    Lot size: 6,473 sqft
    Year built: 1941
    Parking spots: 4
    Days on market: 20
  8. 2 beds, 1 full bath
    Home size: 700 sq ft
    Lot size: 2,274 sqft
    Year built: 1926
    Parking spots: 2
    Days on market: 23
  9. 3 beds, 1 full bath
    Home size: 1,453 sq ft
    Lot size: 8,150 sqft
    Year built: 1926
    Parking spots: 8
    Days on market: 28
  10. 2 beds, 1 full bath
    Home size: 1,110 sq ft
    Lot size: 3,453 sqft
    Year built: 1929
    Parking spots: 2
    Days on market: 34
  11. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,474 sq ft
    Lot size: 6,379 sqft
    Year built: 1940
    Parking spots: 7
    Days on market: 38
  12. 3 beds, 2 full, 1 half baths
    Home size: 1,169 sq ft
    Lot size: 12,553 sqft
    Year built: 1983
    Parking spots: 2
    Days on market: 39
  13. 3 beds, 1 full bath
    Home size: 1,007 sq ft
    Lot size: 6,531 sqft
    Year built: 1921
    Parking spots: 2
    Days on market: 40
  14. 2 beds, 1 full bath
    Home size: 1,062 sq ft
    Lot size: 6,643 sqft
    Year built: 1937
    Parking spots: 4
    Days on market: 43
  15. 3 beds, 2 full baths
    Home size: 1,056 sq ft
    Lot size: 2,321 sqft
    Year built: 1990
    Parking spots: 3
    Days on market: 44
  16. 3 beds, 1 full bath
    Home size: 1,000 sq ft
    Lot size: 4,951 sqft
    Year built: 1944
    Parking spots: 4
    Days on market: 48
  17. 2 beds, 1 full bath
    Home size: 761 sq ft
    Lot size: 2,400 sqft
    Year built: 1922
    Parking spots: 2
    Days on market: 54
  18. 3 beds, 2 full, 1 half baths
    Home size: 1,271 sq ft
    Lot size: 39,065 sqft
    Year built: 1985
    Parking spots: 4
    Days on market: 63
  19. 2 beds, 2 full baths
    Home size: 1,037 sq ft
    Lot size: 30,429 sqft
    Year built: 1995
    Parking spots: 4
    Days on market: 69
  20. 3 beds, 1 full bath
    Home size: 1,007 sq ft
    Lot size: 5,000 sqft
    Year built: 1944
    Parking spots: 2
    Days on market: 70
  21. 2 beds, 1 full bath
    Home size: 728 sq ft
    Lot size: 2,449 sqft
    Year built: 1938
    Parking spots: 2
    Days on market: 71
  22. 3 beds, 2 full baths
    Home size: 1,548 sq ft
    Lot size: 6,250 sqft
    Year built: 1944
    Parking spots: 2
    Days on market: 94
  23. 2 beds, 1 full bath
    Home size: 942 sq ft
    Lot size: 6,713 sqft
    Year built: 1912
    Parking spots: 1
    Days on market: 95
  24. 3 beds, 2 full baths
    Home size: 1,292 sq ft
    Lot size: 5,402 sqft
    Year built: 1912
    Days on market: 155
  25. 5 beds, 2 full baths
    Home size: 1,784 sq ft
    Lot size: 6,563 sqft
    Year built: 1944
    Parking spots: 2
    Days on market: 196

See all Real estate in the 90806 zip code.
(all data current as of 4/25/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Homes for Sale in 90806

  1. 4 beds, 3 full baths
    Home size: 3,030 sq ft
    Lot size: 5,400 sqft
    Year built: 2005
    Days on market: 7
  2. 2 beds, 1 full, 1 half baths
    Home size: 1,632 sq ft
    Lot size: 6,351 sqft
    Year built: 1936
    Days on market: 13
  3. 2 beds, 2 full baths
    Home size: 900 sq ft
    Lot size: 2,147 sqft
    Year built: 1918
    Parking spots: 2
    Days on market: 13
  4. 3 beds, 2 full baths
    Home size: 1,458 sq ft
    Lot size: 6,604 sqft
    Year built: 1946
    Parking spots: 4
    Days on market: 18
  5. 3 beds, 1 full bath
    Home size: 1,000 sq ft
    Lot size: 5,922 sqft
    Year built: 1944
    Parking spots: 4
    Days on market: 18
  6. 3 beds, 2 full, 1 half baths
    Home size: 1,740 sq ft
    Lot size: 2,948 sqft
    Year built: 2005
    Parking spots: 2
    Days on market: 21
  7. 3 beds, 2 full baths
    Home size: 1,903 sq ft
    Lot size: 6,350 sqft
    Year built: 1936
    Parking spots: 2
    Days on market: 29
  8. 3 beds, 1 full bath
    Home size: 1,022 sq ft
    Lot size: 6,379 sqft
    Year built: 1946
    Parking spots: 2
    Days on market: 30
  9. 3 beds, 2 full baths
    Home size: 1,314 sq ft
    Lot size: 4,037 sqft
    Year built: 1937
    Parking spots: 2
    Days on market: 34
  10. 3 beds, 1 full bath
    Home size: 1,400 sq ft
    Lot size: 6,075 sqft
    Year built: 1949
    Parking spots: 4
    Days on market: 40
  11. 2 beds, 1 full bath
    Home size: 828 sq ft
    Lot size: 2,266 sqft
    Year built: 1922
    Parking spots: 3
    Days on market: 43
  12. 3 beds, 2 full baths
    Home size: 1,037 sq ft
    Lot size: 4,014 sqft
    Year built: 1912
    Parking spots: 2
    Days on market: 46
  13. 3 beds, 2 full baths
    Home size: 1,493 sq ft
    Lot size: 5,401 sqft
    Year built: 1940
    Parking spots: 9
    Days on market: 62
  14. 4 beds, 2 full baths
    Home size: 1,472 sq ft
    Lot size: 3,600 sqft
    Year built: 2017
    Parking spots: 2
    Days on market: 71
  15. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,640 sq ft
    Lot size: 40,817 sqft
    Year built: 2007
    Parking spots: 2
    Days on market: 71

See all Real estate in the 90806 zip code.
(all data current as of 4/25/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

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About the Author

shannonjones

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Shannon Jones has been helping home buyers and sellers in and around Long Beach since 1998.

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