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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: 952 sq ft
    Lot size: 6,534 sqft
    Year built: 1946
  2. 4 beds, 2 baths
    Home size: 1,707 sq ft
    Lot size: 5,662 sqft
    Year built: 1938
  3. 3 beds, 1 bath
    Home size: 984 sq ft
    Lot size: 6,098 sqft
    Year built: 1944
  4. 3 beds, 2 baths
    Home size: 1,834 sq ft
    Lot size: 8,276 sqft
    Year built: 1940
  5. 2 beds, 2 baths
    Home size: 1,151 sq ft
    Lot size: 6,098 sqft
    Year built: 1940
  6. 2 beds, 2 baths
    Home size: 1,276 sq ft
    Lot size: 6,098 sqft
    Year built: 1928
  7. 5 beds, 3 baths
    Home size: 1,900 sq ft
    Lot size: 4,791 sqft
    Year built: 1913
  8. 2 beds, 1 bath
    Home size: 836 sq ft
    Year built: 1980
  9. 2 beds, 3 baths
    Home size: 1,437 sq ft
    Lot size: 4,356 sqft
    Year built: 1931
  10. 2 beds, 1 bath
    Home size: 966 sq ft
    Lot size: 3,569 sqft
    Year built: 1947
  11. 3 beds, 2 baths
    Home size: 1,750 sq ft
    Lot size: 24,667 sqft
    Year built: 2011
  12. 3 beds, 2 baths
    Home size: 1,458 sq ft
    Lot size: 6,534 sqft
    Year built: 1946
  13. 3 beds, 2 baths
    Home size: 1,644 sq ft
    Lot size: 5,934 sqft
    Year built: 1943
  14. 2 beds, 1 bath
    Home size: 700 sq ft
    Lot size: 2,274 sqft
    Year built: 1926
  15. 5 beds, 3 baths
    Home size: 2,600 sq ft
    Lot size: 6,473 sqft
    Year built: 1941
  16. 3 beds, 2 baths
    Home size: 1,314 sq ft
    Lot size: 3,920 sqft
    Year built: 1937
  17. 2 beds, 1 bath
    Home size: 1,110 sq ft
    Lot size: 3,453 sqft
    Year built: 1929
  18. 3 beds, 2 baths
    Home size: 1,474 sq ft
    Lot size: 6,379 sqft
    Year built: 1940
  19. 3 beds, 3 baths
    Home size: 1,169 sq ft
    Lot size: 12,552 sqft
    Year built: 1983
  20. 3 beds, 1 bath
    Home size: 1,453 sq ft
    Lot size: 8,149 sqft
    Year built: 1926
  21. 2 beds, 1 bath
    Home size: 1,062 sq ft
    Year built: 1937
  22. 3 beds, 2 baths
    Home size: 1,056 sq ft
    Lot size: 2,178 sqft
    Year built: 1990
  23. 2 beds, 1 bath
    Home size: 1,540 sq ft
    Year built: 1939
  24. 3 beds, 1 bath
    Home size: 1,000 sq ft
    Lot size: 4,950 sqft
    Year built: 1944
  25. 2 beds, 1 bath
    Home size: 761 sq ft
    Lot size: 2,399 sqft
    Year built: 1922

See all Real estate in the 90806 zip code.
(all data current as of 6/24/2017)

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

90806 Homes in Escrow

  1. 3 beds, 2 baths
    Home size: 1,241 sq ft
    Lot size: 3,484 sqft
    Year built: 1930
    Days on market: 17
  2. 3 beds, 2 baths
    Home size: 1,000 sq ft
    Lot size: 6,098 sqft
    Year built: 1976
    Days on market: 22
  3. 3 beds, 1 bath
    Home size: 984 sq ft
    Lot size: 6,534 sqft
    Year built: 1944
    Days on market: 22
  4. 2 beds, 1 bath
    Home size: 744 sq ft
    Lot size: 1,742 sqft
    Year built: 1910
    Days on market: 23
  5. 4 beds, 2 baths
    Home size: 1,831 sq ft
    Lot size: 4,791 sqft
    Year built: 1929
    Days on market: 32
  6. 3 beds, 1 bath
    Home size: 1,331 sq ft
    Lot size: 7,405 sqft
    Year built: 1944
    Days on market: 32
  7. 3 beds, 1 bath
    Home size: 1,119 sq ft
    Lot size: 6,098 sqft
    Year built: 1944
    Days on market: 32
  8. 2 beds, 1 bath
    Home size: 1,131 sq ft
    Lot size: 5,402 sqft
    Year built: 1941
    Days on market: 33
  9. 3 beds, 2 baths
    Home size: 1,696 sq ft
    Lot size: 5,662 sqft
    Year built: 1951
    Days on market: 36
  10. 3 beds, 2 baths
    Home size: 1,661 sq ft
    Lot size: 6,501 sqft
    Year built: 1928
    Days on market: 37
  11. 3 beds, 2 baths
    Home size: 1,150 sq ft
    Lot size: 4,356 sqft
    Year built: 1940
    Days on market: 39
  12. 2 beds, 1 bath
    Home size: 958 sq ft
    Lot size: 4,791 sqft
    Year built: 1940
    Days on market: 43
  13. 3 beds, 2 baths
    Home size: 1,383 sq ft
    Lot size: 6,534 sqft
    Year built: 1944
    Days on market: 43
  14. 2 beds, 1 bath
    Home size: 1,320 sq ft
    Lot size: 6,098 sqft
    Year built: 1928
    Days on market: 43
  15. 4 beds, 2 baths
    Home size: 1,530 sq ft
    Lot size: 6,098 sqft
    Year built: 1947
    Days on market: 46
  16. 3 beds, 1 bath
    Home size: 1,004 sq ft
    Lot size: 5,703 sqft
    Year built: 1944
    Days on market: 46
  17. 3 beds, 1 bath
    Home size: 1,000 sq ft
    Lot size: 6,197 sqft
    Year built: 1944
    Days on market: 47
  18. 2 beds, 2 baths
    Home size: 1,062 sq ft
    Lot size: 5,227 sqft
    Year built: 1942
    Days on market: 49
  19. 3 beds, 2 baths
    Home size: 1,913 sq ft
    Lot size: 6,663 sqft
    Year built: 1941
    Days on market: 54
  20. 4 beds, 2 baths
    Home size: 1,512 sq ft
    Lot size: 6,098 sqft
    Year built: 1944
    Days on market: 60
  21. 2 beds, 2 baths
    Home size: 1,632 sq ft
    Lot size: 6,351 sqft
    Year built: 1936
    Days on market: 74
  22. 3 beds, 1 bath
    Home size: 1,000 sq ft
    Lot size: 5,921 sqft
    Year built: 1944
    Days on market: 78
  23. 3 beds, 3 baths
    Home size: 1,740 sq ft
    Lot size: 2,613 sqft
    Year built: 2005
    Days on market: 81
  24. 3 beds, 1 bath
    Home size: 1,022 sq ft
    Lot size: 6,098 sqft
    Year built: 1946
    Days on market: 91
  25. 3 beds, 2 baths
    Home size: 1,903 sq ft
    Lot size: 6,098 sqft
    Year built: 1936
    Days on market: 93

See all Real estate in the 90806 zip code.
(all data current as of 6/24/2017)

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

Homes for Sale in 90806

  1. 2 beds, 1 bath
    Home size: 892 sq ft
    Lot size: 1,742 sqft
    Year built: 1929
    Days on market: 2
  2. 2 beds, 1 bath
    Home size: 1,127 sq ft
    Lot size: 5,662 sqft
    Year built: 1927
    Days on market: 6
  3. 4 beds, 3 baths
    Home size: 1,800 sq ft
    Lot size: 5,227 sqft
    Year built: 1942
    Days on market: 9
  4. 3 beds, 2 baths
    Home size: 1,335 sq ft
    Lot size: 5,227 sqft
    Year built: 1940
    Days on market: 9
  5. 2 beds, 3 baths
    Home size: 965 sq ft
    Lot size: 2.16 ac
    Year built: 1985
    Days on market: 10
  6. 2 beds, 1 bath
    Home size: 1,250 sq ft
    Lot size: 6,098 sqft
    Year built: 1939
    Days on market: 15
  7. 2 beds, 1 bath
    Home size: 1,301 sq ft
    Lot size: 5,662 sqft
    Year built: 1940
    Days on market: 23
  8. 2 beds, 1 bath
    Home size: 696 sq ft
    Lot size: 6,534 sqft
    Year built: 1922
    Days on market: 31
  9. 3 beds, 2 baths
    Home size: 948 sq ft
    Lot size: 6,969 sqft
    Year built: 1907
    Days on market: 40
  10. 2 beds, 1 bath
    Home size: 754 sq ft
    Lot size: 1,742 sqft
    Year built: 1926
    Days on market: 43
  11. 3 beds, 1 bath
    Home size: 988 sq ft
    Lot size: 2,178 sqft
    Year built: 1923
    Days on market: 54
  12. 3 beds, 2 baths
    Home size: 1,538 sq ft
    Lot size: 4,791 sqft
    Year built: 1980
    Days on market: 56
  13. 4 beds, 3 baths
    Home size: 3,030 sq ft
    Lot size: 5,227 sqft
    Year built: 2005
    Days on market: 67
  14. 3 beds, 2 baths
    Home size: 1,558 sq ft
    Lot size: 5,662 sqft
    Year built: 1944
    Days on market: 78
  15. 3 beds, 1 bath
    Home size: 1,007 sq ft
    Lot size: 6,098 sqft
    Year built: 1921
    Days on market: 101
  16. 3 beds, 2 baths
    Home size: 1,037 sq ft
    Lot size: 3,920 sqft
    Year built: 1912
    Days on market: 106
  17. 3 beds, 2 baths
    Home size: 1,493 sq ft
    Lot size: 5,227 sqft
    Year built: 1940
    Days on market: 122
  18. 4 beds, 2 baths
    Home size: 1,472 sq ft
    Lot size: 3,484 sqft
    Year built: 2017
    Days on market: 131

See all Real estate in the 90806 zip code.
(all data current as of 6/24/2017)

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

 

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