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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. 4 beds, 3 full, 1 half baths
    Home size: 2,600 sq ft
    Lot size: 5,011 sqft
    Year built: 1948
    Parking spots: 2
  2. 1 bed, 2 full baths
    Home size: 950 sq ft
    Lot size: 40,817 sqft
    Year built: 2007
    Parking spots: 1
  3. 4 beds, 2 full baths
    Home size: 1,432 sq ft
    Lot size: 5,388 sqft
    Year built: 1944
    Parking spots: 2
  4. 3 beds, 1 full bath
    Home size: 990 sq ft
    Lot size: 6,994 sqft
    Year built: 1944
    Parking spots: 1
  5. 3 beds, 1 full bath
    Home size: 1,094 sq ft
    Lot size: 3,302 sqft
    Year built: 1963
    Parking spots: 1
  6. 3 beds, 3 full baths
    Home size: 1,271 sq ft
    Lot size: 39,065 sqft
    Year built: 1985
    Parking spots: 2
  7. 2 beds, 1 full bath
    Home size: 1,272 sq ft
    Lot size: 6,356 sqft
    Year built: 1936
    Parking spots: 2
  8. 3 beds, 1 full bath
    Home size: 742 sq ft
    Lot size: 5,443 sqft
    Year built: 1912
    Parking spots: 2
  9. 2 beds, 1 full bath
    Home size: 792 sq ft
    Lot size: 3,317 sqft
    Year built: 1914
    Parking spots: 1
  10. 2 beds, 3 full baths
    Home size: 1,200 sq ft
    Lot size: 40,817 sqft
    Year built: 2007
    Parking spots: 2
  11. 2 beds, 1 full bath
    Home size: 810 sq ft
    Lot size: 2,599 sqft
    Year built: 1922
    Parking spots: 1
  12. 4 beds, 2 full baths
    Home size: 1,412 sq ft
    Lot size: 5,699 sqft
    Year built: 1944
    Parking spots: 2
  13. 3 beds, 2 full baths
    Home size: 900 sq ft
    Lot size: 4,275 sqft
    Year built: 1939
    Parking spots: 2
  14. 1 bed, 1 full bath
    Home size: 622 sq ft
    Lot size: 1,755 sqft
    Year built: 1922
    Parking spots: 1
  15. 3 beds, 2 full baths
    Home size: 1,144 sq ft
    Lot size: 3,347 sqft
    Year built: 1982
    Parking spots: 2
  16. 2 beds, 3 full baths
    Home size: 965 sq ft
    Lot size: 2.17 ac
    Year built: 1985
    Parking spots: 2
  17. 3 beds, 2 full baths
    Home size: 1,278 sq ft
    Lot size: 5,550 sqft
    Year built: 1941
    Parking spots: 2
  18. 2 beds, 2 full, 1 half baths
    Home size: 1,020 sq ft
    Year built: 1985
    Parking spots: 2
  19. 3 beds, 1 full bath
    Home size: 1,334 sq ft
    Lot size: 6,502 sqft
    Year built: 1943
    Parking spots: 2
  20. 2 beds, 1 full bath
    Home size: 1,110 sq ft
    Lot size: 3,559 sqft
    Year built: 1930
    Parking spots: 2
  21. 3 beds, 2 full baths
    Home size: 1,268 sq ft
    Lot size: 5,857 sqft
    Year built: 1947
    Parking spots: 2
  22. 3 beds, 1 full, 1 half baths
    Home size: 1,755 sq ft
    Lot size: 6,351 sqft
    Year built: 1937
    Parking spots: 2
  23. 3 beds, 1 full bath
    Home size: 1,037 sq ft
    Lot size: 5,556 sqft
    Year built: 1938
    Parking spots: 2
  24. 5 beds, 2 full baths
    Home size: 2,168 sq ft
    Lot size: 6,750 sqft
    Year built: 1946
  25. 3 beds, 2 full baths
    Home size: 1,061 sq ft
    Lot size: 5,859 sqft
    Year built: 1944
    Parking spots: 2

See all Real estate in the 90806 zip code.
(all data current as of 3/22/2017)

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

90806 Homes in Escrow

  1. 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: 6
  2. 2 beds, 1 full bath
    Home size: 1,540 sq ft
    Lot size: 5,949 sqft
    Year built: 1939
    Parking spots: 2
    Days on market: 7
  3. 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: 9
  4. 2 beds, 1 full, 2 half baths
    Home size: 1,200 sq ft
    Lot size: 40,817 sqft
    Year built: 2007
    Parking spots: 2
    Days on market: 26
  5. 3 beds, 2 full baths
    Home size: 1,558 sq ft
    Lot size: 4,700 sqft
    Year built: 1938
    Parking spots: 2
    Days on market: 28
  6. 3 beds, 2 full, 1 half baths
    Home size: 1,271 sq ft
    Lot size: 39,065 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 29
  7. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,117 sq ft
    Lot size: 6,187 sqft
    Year built: 1935
    Parking spots: 2
    Days on market: 33
  8. 3 beds, 1 full, 1 half baths
    Home size: 990 sq ft
    Lot size: 5,401 sqft
    Year built: 1945
    Parking spots: 2
    Days on market: 34
  9. 2 beds, 2 full baths
    Home size: 1,037 sq ft
    Lot size: 30,429 sqft
    Year built: 1995
    Parking spots: 2
    Days on market: 35
  10. 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: 36
  11. 2 beds, 1 full bath
    Home size: 851 sq ft
    Lot size: 3,471 sqft
    Year built: 1928
    Parking spots: 2
    Days on market: 37
  12. 2 beds, 1 full, 1 half baths
    Home size: 1,310 sq ft
    Lot size: 6,401 sqft
    Year built: 1952
    Parking spots: 2
    Days on market: 41
  13. 3 beds, 1 full bath
    Home size: 1,205 sq ft
    Lot size: 3,624 sqft
    Year built: 1928
    Parking spots: 1
    Days on market: 47
  14. 4 beds, 2 full baths
    Home size: 1,624 sq ft
    Lot size: 6,500 sqft
    Year built: 1944
    Days on market: 60
  15. 2 beds, 1 full bath
    Home size: 942 sq ft
    Lot size: 6,713 sqft
    Year built: 1912
    Parking spots: 1
    Days on market: 61
  16. 4 beds, 2 full baths
    Home size: 1,287 sq ft
    Lot size: 6,256 sqft
    Year built: 1922
    Parking spots: 3
    Days on market: 69
  17. 2 beds, 2 full baths
    Home size: 1,713 sq ft
    Lot size: 6,472 sqft
    Year built: 1939
    Parking spots: 2
    Days on market: 72
  18. 3 beds, 1 full bath
    Home size: 1,270 sq ft
    Lot size: 3,244 sqft
    Year built: 1927
    Parking spots: 1
    Days on market: 75
  19. 2 beds, 1 full bath
    Home size: 1,125 sq ft
    Lot size: 6,294 sqft
    Year built: 1938
    Parking spots: 2
    Days on market: 92
  20. 3 beds, 2 full baths
    Home size: 1,292 sq ft
    Lot size: 5,402 sqft
    Year built: 1912
    Days on market: 121
  21. 2 beds, 1 full bath
    Home size: 865 sq ft
    Lot size: 6,469 sqft
    Year built: 1946
    Parking spots: 2
    Days on market: 139
  22. 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: 162
  23. 2 beds, 1 full bath
    Home size: 1,032 sq ft
    Lot size: 6,866 sqft
    Year built: 1946
    Parking spots: 2
    Days on market: 188
  24. 3 beds, 2 full baths
    Home size: 1,560 sq ft
    Lot size: 5,755 sqft
    Year built: 1971
    Parking spots: 2
    Days on market: 286

See all Real estate in the 90806 zip code.
(all data current as of 3/22/2017)

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

Homes for Sale in 90806

  1. 3 beds, 2 full baths
    Home size: 1,314 sq ft
    Lot size: 4,037 sqft
    Year built: 1937
    Parking spots: 1
    Days on market: 0
  2. 2 beds, 1 full bath
    Home size: 1,110 sq ft
    Lot size: 3,453 sqft
    Year built: 1929
    Parking spots: 1
    Days on market: 0
  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: 1
  4. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,474 sq ft
    Lot size: 6,379 sqft
    Year built: 1940
    Parking spots: 2
    Days on market: 4
  5. 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: 5
  6. 3 beds, 1 full bath
    Home size: 1,400 sq ft
    Lot size: 6,075 sqft
    Year built: 1949
    Parking spots: 2
    Days on market: 6
  7. 2 beds, 1 full bath
    Home size: 828 sq ft
    Lot size: 2,266 sqft
    Year built: 1922
    Parking spots: 3
    Days on market: 9
  8. 3 beds, 2 full baths
    Home size: 1,056 sq ft
    Lot size: 2,321 sqft
    Year built: 1990
    Parking spots: 1
    Days on market: 11
  9. 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: 12
  10. 3 beds, 1 full bath
    Home size: 1,000 sq ft
    Lot size: 4,951 sqft
    Year built: 1944
    Parking spots: 2
    Days on market: 14
  11. 2 beds, 1 full bath
    Home size: 761 sq ft
    Lot size: 2,400 sqft
    Year built: 1922
    Parking spots: 1
    Days on market: 20
  12. 3 beds, 2 full baths
    Home size: 1,493 sq ft
    Lot size: 5,401 sqft
    Year built: 1940
    Parking spots: 2
    Days on market: 28
  13. 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: 37
  14. 2 beds, 1 full bath
    Home size: 728 sq ft
    Lot size: 2,449 sqft
    Year built: 1938
    Parking spots: 1
    Days on market: 37
  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: 37
  16. 2 beds, 1 full bath
    Home size: 784 sq ft
    Lot size: 6,590 sqft
    Year built: 1919
    Parking spots: 1
    Days on market: 40
  17. 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: 60
  18. 3 beds, 3 full baths
    Home size: 1,843 sq ft
    Lot size: 3,475 sqft
    Year built: 1983
    Parking spots: 2
    Days on market: 78

See all Real estate in the 90806 zip code.
(all data current as of 3/22/2017)

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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