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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 bath
    Home size: 720 sq ft
    Lot size: 4,356 sqft
    Year built: 1947
  2. 2 beds, 2 baths
    Home size: 1,656 sq ft
    Lot size: 6,098 sqft
    Year built: 1949
  3. 3 beds, 2 baths
    Home size: 1,241 sq ft
    Lot size: 6,098 sqft
    Year built: 1946
  4. 3 beds, 1 bath
    Home size: 1,050 sq ft
    Lot size: 3,049 sqft
    Year built: 1928
  5. 2 beds, 1 bath
    Home size: 892 sq ft
    Lot size: 1,742 sqft
    Year built: 1929
  6. 3 beds, 1 bath
    Home size: 1,353 sq ft
    Lot size: 6,098 sqft
    Year built: 1931
  7. 3 beds, 2 baths
    Home size: 1,335 sq ft
    Lot size: 5,227 sqft
    Year built: 1940
  8. 3 beds, 2 baths
    Home size: 1,241 sq ft
    Lot size: 3,484 sqft
    Year built: 1930
  9. 3 beds, 2 baths
    Home size: 1,000 sq ft
    Lot size: 6,098 sqft
    Year built: 1976
  10. 2 beds, 1 bath
    Home size: 1,301 sq ft
    Lot size: 5,662 sqft
    Year built: 1940
  11. 2 beds, 1 bath
    Home size: 952 sq ft
    Lot size: 6,534 sqft
    Year built: 1946
  12. 4 beds, 2 baths
    Home size: 1,831 sq ft
    Lot size: 4,791 sqft
    Year built: 1929
  13. 3 beds, 1 bath
    Home size: 1,331 sq ft
    Lot size: 7,405 sqft
    Year built: 1944
  14. 2 beds, 1 bath
    Home size: 1,131 sq ft
    Lot size: 5,227 sqft
    Year built: 1941
  15. 4 beds, 2 baths
    Home size: 1,707 sq ft
    Lot size: 5,662 sqft
    Year built: 1938
  16. 3 beds, 2 baths
    Home size: 1,696 sq ft
    Lot size: 5,662 sqft
    Year built: 1951
  17. 3 beds, 2 baths
    Home size: 1,661 sq ft
    Lot size: 6,098 sqft
    Year built: 1928
  18. 3 beds, 2 baths
    Home size: 1,150 sq ft
    Lot size: 4,356 sqft
    Year built: 1940
  19. 3 beds, 2 baths
    Home size: 1,383 sq ft
    Lot size: 6,534 sqft
    Year built: 1944
  20. 2 beds, 1 bath
    Home size: 1,320 sq ft
    Lot size: 6,098 sqft
    Year built: 1928
  21. 3 beds, 1 bath
    Home size: 984 sq ft
    Lot size: 6,098 sqft
    Year built: 1944
  22. 4 beds, 2 baths
    Home size: 1,530 sq ft
    Lot size: 6,098 sqft
    Year built: 1947
  23. 3 beds, 1 bath
    Home size: 1,000 sq ft
    Lot size: 6,098 sqft
    Year built: 1944
  24. 3 beds, 2 baths
    Home size: 1,834 sq ft
    Lot size: 8,276 sqft
    Year built: 1940
  25. 2 beds, 2 baths
    Home size: 1,062 sq ft
    Lot size: 5,227 sqft
    Year built: 1942

See all Real estate in the 90806 zip code.
(all data current as of 8/16/2017)

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

90806 Homes in Escrow

  1. 3 beds, 2 baths
    Home size: 1,398 sq ft
    Lot size: 6,098 sqft
    Year built: 1940
    Days on market: 16
  2. 3 beds, 1 bath
    Home size: 1,404 sq ft
    Lot size: 6,098 sqft
    Year built: 1936
    Days on market: 20
  3. 2 beds, 1 bath
    Home size: 1,052 sq ft
    Lot size: 6,098 sqft
    Year built: 1939
    Days on market: 27
  4. 3 beds, 1 bath
    Home size: 1,245 sq ft
    Lot size: 6,098 sqft
    Year built: 1938
    Days on market: 28
  5. 3 beds, 1 bath
    Home size: 1,004 sq ft
    Lot size: 5,662 sqft
    Year built: 1944
    Days on market: 28
  6. 2 beds, 1 bath
    Home size: 880 sq ft
    Lot size: 4,791 sqft
    Year built: 1922
    Days on market: 32
  7. 2 beds, 3 baths
    Home size: 1,020 sq ft
    Lot size: 1.07 ac
    Year built: 1985
    Days on market: 37
  8. 2 beds, 2 baths
    Home size: 1,309 sq ft
    Lot size: 5,227 sqft
    Year built: 1945
    Days on market: 42
  9. 2 beds, 1 bath
    Home size: 1,127 sq ft
    Lot size: 5,662 sqft
    Year built: 1927
    Days on market: 59
  10. 2 beds, 3 baths
    Home size: 965 sq ft
    Lot size: 2.16 ac
    Year built: 1985
    Days on market: 63
  11. 3 beds, 1 bath
    Home size: 984 sq ft
    Lot size: 6,534 sqft
    Year built: 1944
    Days on market: 75
  12. 3 beds, 1 bath
    Home size: 1,119 sq ft
    Lot size: 6,098 sqft
    Year built: 1944
    Days on market: 85
  13. 3 beds, 2 baths
    Home size: 948 sq ft
    Lot size: 6,969 sqft
    Year built: 1907
    Days on market: 93
  14. 3 beds, 2 baths
    Home size: 1,538 sq ft
    Lot size: 4,791 sqft
    Year built: 1980
    Days on market: 109
  15. 3 beds, 2 baths
    Home size: 1,558 sq ft
    Lot size: 5,662 sqft
    Year built: 1944
    Days on market: 131
  16. 3 beds, 3 baths
    Home size: 1,740 sq ft
    Lot size: 2,613 sqft
    Year built: 2005
    Days on market: 134
  17. 3 beds, 2 baths
    Home size: 1,400 sq ft
    Lot size: 5,662 sqft
    Year built: 1949
    Days on market: 153
  18. 2 beds, 2 baths
    Home size: 1,037 sq ft
    Lot size: 30,056 sqft
    Year built: 1995
    Days on market: 232

See all Real estate in the 90806 zip code.
(all data current as of 8/16/2017)

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

Homes for Sale in 90806

  1. 2 beds, 2 baths
    Home size: 1,151 sq ft
    Lot size: 6,098 sqft
    Year built: 1940
    Days on market: 5
  2. 3 beds, 2 baths
    Home size: 1,225 sq ft
    Lot size: 3,049 sqft
    Year built: 1979
    Days on market: 7
  3. 3 beds, 2 baths
    Home size: 1,834 sq ft
    Lot size: 8,276 sqft
    Year built: 1940
    Days on market: 7
  4. 3 beds, 1 bath
    Home size: 1,488 sq ft
    Lot size: 4,791 sqft
    Year built: 1938
    Days on market: 8
  5. 3 beds, 1 bath
    Home size: 1,232 sq ft
    Lot size: 4,356 sqft
    Year built: 1949
    Days on market: 11
  6. 2 beds, 1 bath
    Home size: 1,388 sq ft
    Lot size: 6,098 sqft
    Year built: 1929
    Days on market: 12
  7. 2 beds, 1 bath
    Home size: 638 sq ft
    Lot size: 2,178 sqft
    Year built: 1924
    Days on market: 13
  8. 2 beds, 1 bath
    Home size: 1,000 sq ft
    Lot size: 7,840 sqft
    Year built: 1944
    Days on market: 16
  9. 3 beds, 2 baths
    Home size: 1,094 sq ft
    Lot size: 4,356 sqft
    Year built: 1931
    Days on market: 16
  10. 5 beds, 2 baths
    Home size: 2,212 sq ft
    Lot size: 3,484 sqft
    Year built: 1904
    Days on market: 20
  11. 3 beds, 2 baths
    Home size: 1,625 sq ft
    Lot size: 4,791 sqft
    Year built: 1930
    Days on market: 22
  12. 3 beds, 1 bath
    Home size: 1,016 sq ft
    Lot size: 4,791 sqft
    Year built: 1944
    Days on market: 26
  13. 3 beds, 1 bath
    Home size: 990 sq ft
    Lot size: 6,969 sqft
    Year built: 1944
    Days on market: 28
  14. 3 beds, 2 baths
    Home size: 1,985 sq ft
    Lot size: 6,098 sqft
    Year built: 1940
    Days on market: 33
  15. 3 beds, 2 baths
    Home size: 1,240 sq ft
    Lot size: 3,484 sqft
    Year built: 1929
    Days on market: 34
  16. 3 beds, 1 bath
    Home size: 1,004 sq ft
    Lot size: 6,098 sqft
    Year built: 1944
    Days on market: 34
  17. 3 beds, 1 bath
    Home size: 962 sq ft
    Lot size: 3,049 sqft
    Year built: 1960
    Days on market: 48
  18. 4 beds, 3 baths
    Home size: 1,800 sq ft
    Lot size: 5,227 sqft
    Year built: 1942
    Days on market: 62
  19. 2 beds, 2 baths
    Home size: 1,802 sq ft
    Lot size: 6,098 sqft
    Year built: 1939
    Days on market: 68
  20. 2 beds, 1 bath
    Home size: 696 sq ft
    Lot size: 6,534 sqft
    Year built: 1922
    Days on market: 84
  21. 3 beds, 1 bath
    Home size: 988 sq ft
    Lot size: 2,178 sqft
    Year built: 1923
    Days on market: 107
  22. 4 beds, 3 baths
    Home size: 3,030 sq ft
    Lot size: 5,227 sqft
    Year built: 2005
    Days on market: 120
  23. 3 beds, 1 bath
    Home size: 1,007 sq ft
    Lot size: 6,098 sqft
    Year built: 1921
    Days on market: 154
  24. 3 beds, 2 baths
    Home size: 1,493 sq ft
    Lot size: 5,227 sqft
    Year built: 1940
    Days on market: 175

See all Real estate in the 90806 zip code.
(all data current as of 8/16/2017)

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

 

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