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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, 1 quarter baths
    Home size: 1,315 sq ft
    Lot size: 6,518 sqft
    Year built: 1950
    Parking spots: 4
  2. 3 beds, 2 full baths
    Home size: 953 sq ft
    Lot size: 5,385 sqft
    Year built: 1947
    Parking spots: 7
  3. 3 beds, 2 full baths
    Home size: 1,662 sq ft
    Lot size: 6,332 sqft
    Year built: 1931
    Parking spots: 8
  4. 2 beds, 3 full baths
    Home size: 965 sq ft
    Lot size: 2.17 ac
    Year built: 1985
    Parking spots: 4
  5. 3 beds, 2 full baths
    Home size: 1,720 sq ft
    Lot size: 5,779 sqft
    Year built: 1921
    Parking spots: 2
  6. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,300 sq ft
    Lot size: 6,711 sqft
    Year built: 1944
    Parking spots: 4
  7. 2 beds, 1 full bath
    Home size: 1,204 sq ft
    Lot size: 6,687 sqft
    Year built: 1939
    Parking spots: 4
  8. 3 beds, 2 full baths
    Home size: 1,496 sq ft
    Lot size: 6,157 sqft
    Year built: 1944
    Parking spots: 4
  9. 3 beds, 2 full baths
    Home size: 1,658 sq ft
    Lot size: 6,210 sqft
    Year built: 1941
    Parking spots: 4
  10. 3 beds, 1 full, 1 half baths
    Home size: 1,264 sq ft
    Lot size: 6,503 sqft
    Year built: 1929
    Parking spots: 7
  11. 3 beds, 2 full baths
    Home size: 1,346 sq ft
    Lot size: 6,500 sqft
    Year built: 1930
    Parking spots: 4
  12. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,647 sq ft
    Lot size: 6,512 sqft
    Year built: 1921
    Parking spots: 6
  13. 3 beds, 1 full bath
    Home size: 1,309 sq ft
    Lot size: 6,628 sqft
    Year built: 1949
    Parking spots: 2
  14. 4 beds, 2 full baths
    Home size: 1,364 sq ft
    Lot size: 3,472 sqft
    Year built: 1938
    Parking spots: 6
  15. 4 beds, 2 full baths
    Home size: 1,766 sq ft
    Lot size: 5,329 sqft
    Year built: 1939
    Parking spots: 4
  16. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,719 sq ft
    Lot size: 6,434 sqft
    Year built: 1938
    Parking spots: 4
  17. 2 beds, 1 full bath
    Home size: 1,084 sq ft
    Lot size: 6,978 sqft
    Year built: 1925
    Parking spots: 4
  18. 5 beds, 3 full baths
    Home size: 2,736 sq ft
    Lot size: 6,501 sqft
    Year built: 1943
    Parking spots: 4
  19. 2 beds, 1 full, 1 half baths
    Home size: 1,355 sq ft
    Lot size: 4,590 sqft
    Year built: 1935
    Parking spots: 2
  20. 3 beds, 2 full baths
    Home size: 1,008 sq ft
    Lot size: 5,398 sqft
    Year built: 1912
    Parking spots: 7
  21. 0 beds, 1 three-quarter, 1 half baths
    Home size: 2,024 sq ft
    Lot size: 5,454 sqft
    Year built: 1925
    Parking spots: 5
  22. 3 beds, 1 full bath
    Home size: 1,368 sq ft
    Lot size: 4,951 sqft
    Year built: 1944
    Parking spots: 4
  23. 2 beds, 1 full bath
    Home size: 1,092 sq ft
    Lot size: 3,994 sqft
    Year built: 1931
    Parking spots: 6
  24. 2 beds, 1 full bath
    Home size: 1,228 sq ft
    Lot size: 6,583 sqft
    Year built: 1938
    Parking spots: 4
  25. 4 beds, 2 full baths
    Home size: 1,486 sq ft
    Lot size: 4,951 sqft
    Year built: 1950
    Parking spots: 4

See all Real estate in the 90806 zip code.
(all data current as of 5/24/2017)

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

90806 Homes in Escrow

  1. 4 beds, 2 full baths
    Home size: 1,707 sq ft
    Lot size: 5,919 sqft
    Year built: 1938
    Parking spots: 4
    Days on market: 5
  2. 3 beds, 2 full baths
    Home size: 1,696 sq ft
    Lot size: 6,058 sqft
    Year built: 1951
    Parking spots: 4
    Days on market: 5
  3. 3 beds, 2 full baths
    Home size: 1,661 sq ft
    Lot size: 6,502 sqft
    Year built: 1928
    Parking spots: 4
    Days on market: 6
  4. 2 beds, 1 full bath
    Home size: 1,320 sq ft
    Lot size: 6,501 sqft
    Year built: 1928
    Parking spots: 6
    Days on market: 7
  5. 2 beds, 1 full bath
    Home size: 958 sq ft
    Lot size: 5,002 sqft
    Year built: 1940
    Parking spots: 2
    Days on market: 12
  6. 3 beds, 2 full baths
    Home size: 1,383 sq ft
    Lot size: 6,679 sqft
    Year built: 1944
    Parking spots: 4
    Days on market: 12
  7. 3 beds, 1 full bath
    Home size: 984 sq ft
    Lot size: 6,202 sqft
    Year built: 1944
    Parking spots: 4
    Days on market: 14
  8. 4 beds, 2 full baths
    Home size: 1,530 sq ft
    Lot size: 6,500 sqft
    Year built: 1947
    Parking spots: 4
    Days on market: 15
  9. 3 beds, 1 full bath
    Home size: 1,004 sq ft
    Lot size: 5,703 sqft
    Year built: 1944
    Parking spots: 4
    Days on market: 15
  10. 3 beds, 1 full bath
    Home size: 1,000 sq ft
    Lot size: 6,198 sqft
    Year built: 1944
    Parking spots: 4
    Days on market: 16
  11. 2 beds, 1 full, 1 half baths
    Home size: 1,062 sq ft
    Lot size: 5,362 sqft
    Year built: 1942
    Parking spots: 4
    Days on market: 16
  12. 2 beds, 2 full baths
    Home size: 1,151 sq ft
    Lot size: 6,153 sqft
    Year built: 1940
    Parking spots: 4
    Days on market: 18
  13. 3 beds, 2 full baths
    Home size: 1,913 sq ft
    Lot size: 6,664 sqft
    Year built: 1941
    Parking spots: 4
    Days on market: 22
  14. 3 beds, 2 full baths
    Home size: 1,644 sq ft
    Lot size: 5,934 sqft
    Year built: 1943
    Parking spots: 4
    Days on market: 28
  15. 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: 37
  16. 2 beds, 1 full, 1 half baths
    Home size: 1,632 sq ft
    Lot size: 6,351 sqft
    Year built: 1936
    Days on market: 42
  17. 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: 43
  18. 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: 45
  19. 2 beds, 1 full bath
    Home size: 966 sq ft
    Lot size: 3,570 sqft
    Year built: 1947
    Parking spots: 2
    Days on market: 46
  20. 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: 47
  21. 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: 47
  22. 3 beds, 1 full bath
    Home size: 1,022 sq ft
    Lot size: 6,379 sqft
    Year built: 1946
    Parking spots: 4
    Days on market: 59
  23. 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: 63
  24. 3 beds, 1 full bath
    Home size: 1,007 sq ft
    Lot size: 6,531 sqft
    Year built: 1921
    Parking spots: 4
    Days on market: 69
  25. 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: 73

See all Real estate in the 90806 zip code.
(all data current as of 5/24/2017)

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

Homes for Sale in 90806

  1. 4 beds, 1 full, 1 half baths
    Home size: 1,831 sq ft
    Lot size: 4,881 sqft
    Year built: 1929
    Parking spots: 4
    Days on market: 0
  2. 3 beds, 1 full bath
    Home size: 1,331 sq ft
    Lot size: 7,426 sqft
    Year built: 1944
    Days on market: 1
  3. 2 beds, 1 full bath
    Home size: 1,131 sq ft
    Lot size: 5,402 sqft
    Year built: 1941
    Parking spots: 4
    Days on market: 1
  4. 3 beds, 1 full bath
    Home size: 1,119 sq ft
    Lot size: 6,206 sqft
    Year built: 1944
    Parking spots: 4
    Days on market: 1
  5. 2 beds, 1 full, 1 half baths
    Home size: 1,276 sq ft
    Lot size: 6,374 sqft
    Year built: 1928
    Parking spots: 7
    Days on market: 6
  6. 3 beds, 2 full baths
    Home size: 1,150 sq ft
    Lot size: 4,742 sqft
    Year built: 1940
    Parking spots: 4
    Days on market: 8
  7. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,834 sq ft
    Lot size: 8,543 sqft
    Year built: 1940
    Parking spots: 6
    Days on market: 8
  8. 3 beds, 2 full baths
    Home size: 948 sq ft
    Lot size: 7,320 sqft
    Year built: 1907
    Parking spots: 4
    Days on market: 9
  9. 2 beds, 1 full bath
    Home size: 754 sq ft
    Lot size: 1,932 sqft
    Year built: 1926
    Parking spots: 2
    Days on market: 12
  10. 3 beds, 2 full baths
    Home size: 1,558 sq ft
    Lot size: 6,001 sqft
    Year built: 1944
    Parking spots: 4
    Days on market: 13
  11. 2 beds, 2 full baths
    Home size: 1,186 sq ft
    Lot size: 3,552 sqft
    Year built: 1938
    Parking spots: 2
    Days on market: 14
  12. 3 beds, 1 full bath
    Home size: 988 sq ft
    Lot size: 2,531 sqft
    Year built: 1923
    Parking spots: 2
    Days on market: 23
  13. 3 beds, 2 full baths
    Home size: 1,538 sq ft
    Lot size: 5,031 sqft
    Year built: 1980
    Parking spots: 4
    Days on market: 25
  14. 4 beds, 2 full baths
    Home size: 1,512 sq ft
    Lot size: 6,322 sqft
    Year built: 1944
    Parking spots: 4
    Days on market: 28
  15. 4 beds, 3 full baths
    Home size: 3,030 sq ft
    Lot size: 5,400 sqft
    Year built: 2005
    Parking spots: 4
    Days on market: 36
  16. 3 beds, 2 full baths
    Home size: 1,903 sq ft
    Lot size: 6,350 sqft
    Year built: 1936
    Parking spots: 4
    Days on market: 58
  17. 3 beds, 1 full bath
    Home size: 1,400 sq ft
    Lot size: 6,075 sqft
    Year built: 1949
    Parking spots: 8
    Days on market: 69
  18. 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: 75
  19. 4 beds, 2 full baths
    Home size: 1,472 sq ft
    Lot size: 3,600 sqft
    Year built: 2017
    Parking spots: 4
    Days on market: 100
  20. 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: 4
    Days on market: 100

See all Real estate in the 90806 zip code.
(all data current as of 5/24/2017)

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

 

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