90806 market update

90806 Market Update

shannonjones Real Estate , Real Estate Market Update Leave a Comment

90806 Market Update: Real Estate Statistics and Information for the 90806 Areas of Long Beach, CA

Includes Real Estate Information for Wrigley and Surrounding Area of 90806

The median price of homes in 90806 is the highest it has been in several years. In January 2016 the median price was $459,500. This reflects a 28.3% increase from January 2015.

The number of active listings on the market in 90806 is the lowest it has been in several years. The number has fluctuated quite a bit in the past few years and has been decreasing since October 2015. In January 2016 there were 20 active listings, which is 28.6% lower than the year prior in January.

In January 2016 there was a 1.5 month supply of homes available. Compared to January 2015, the supply has dropped by 25%. Inventory has not been this low since March 2013.

Condominiums in 90806

The price of condos has fluctuated greatly in the past three years. Just in the past month, the median price dropped from $315,000 to $231,000 in January 2016.

The number of active condo listings has also jumped around a lot since 2013. In January 2016, there were four active listings compared to just two active listings the year prior in January.

Condo inventory experienced a big surge a few months ago in October 2015, but has since dropped. In January 2016 there was a 2.9 month supply of homes on the market, which is a 190% increase from January 2015. This is slightly below what is considered a balanced sellers and buyers market.

Bottom Line:

The price of homes are high in 90806 and inventory is low. If you’re thinking about selling your home, now is a good time. For condominiums, the market is more balanced between sellers and buyers.

 

90806 Homes For Sale and In Escrow

$629,900
For Sale
3
Beds
1
Baths
2,000
Sq Ft
1911 Cedar Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
New Listing - 2 weeks online
$585,000
For Sale
3
Beds
2
Baths
1,612
Sq Ft
3261 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active
$575,000
For Sale
3
Beds
2
Baths
1,140
Sq Ft
2658 Daisy Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$574,900
For Sale
3
Beds
2
Baths
1,398
Sq Ft
2840 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
Short Sale
$550,000
For Sale
4
Beds
2
Baths
1,300
Sq Ft
3136 San Francisco Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
New Listing - 4 weeks online
$499,000
For Sale
3
Beds
2
Baths
1,265
Sq Ft
2010 Pasadena Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$499,000
For Sale
2
Beds
1
Baths
1,138
Sq Ft
2923 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
New Listing - 4 weeks online
$489,000
For Sale
3
Beds
1
Baths
1,007
Sq Ft
1825 Myrtle Avenue
Long Beach, CA 90806
Single Family Residence - Active
$485,000
For Sale
2
Beds
1
Baths
1,760
Sq Ft
1918 Lewis Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$479,900
For Sale
3
Beds
3
Baths
1,382
Sq Ft
2040 Atlantic Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - yesterday
$479,000
For Sale
4
Beds
2
Baths
1,472
Sq Ft
521 E Rhea Street
Long Beach, CA 90806
Single Family Residence - Active
$469,000
For Sale
3
Beds
2
Baths
1,250
Sq Ft
1949 Olive Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - a week online
$465,000
For Sale
3
Beds
1
Baths
1,242
Sq Ft
2274 Pine Avenue
Long Beach, CA 90806
Single Family Residence - Active
$459,500
For Sale
2
Beds
1
Baths
1,309
Sq Ft
2124 Pasadena Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
New Listing - a week online
$449,500
For Sale
1
Beds
1,320
Sq Ft
335 W Pacific Coast Highway W
Long Beach, CA 90806
Single Family Residence - Active
$443,000
For Sale
3
Beds
2
Baths
1,225
Sq Ft
1028 E Salt Lake Street
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$429,900
For Sale
3
Beds
2
Baths
1,094
Sq Ft
930 E 20th Street
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$399,900
For Sale
2
Beds
1
Baths
754
Sq Ft
917 E 20th Street
Long Beach, CA 90806
Single Family Residence - Active
New Listing - yesterday
$319,000
For Sale
2
Beds
1
Baths
828
Sq Ft
1201 E Smith Place
Long Beach, CA 90806
Single Family Residence - Active

Free Home Evaluation

The value of your home has most certainly changed since you bought it! Take a few seconds to fill out the form below and we'll prepare an expert market analysis of your home at no cost!
  • Tell us a little bit about your situation
  • Where is the property located?
  • Who can we contact with your completed market analysis?
About the Author