90814 Market Update

90814 Market Update

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90814 Market Update – January 2016

Real Estate Statistics and Information

Including the Neighborhoods of Carroll Park, Bluff Heights, Rose Park South, and other 90814 Neighborhoods of Long Beach

Home prices in 90814 are among the highest in Long Beach. In the past three years, home prices in these neighborhoods have nearly doubled. Prices reached a peak of $940,000 in July 2015. In December of 2015, prices decreased to $804,000, which is up 28.8% from the year prior in December.

Though home prices have risen substantially since 2012, the price per square foot of homes in 90814 has remained relatively level. With the exception of a substantial peak in May 2015 at $623 per square foot, the price per square foot in 90814 has only increased slightly over the past three years. In December 2015, the median price per square foot was $473, up 15.1% from the December prior.

The inventory of homes for sale in 90814 has decreased drastically in the past three years. In December of 2015, the inventory was just 1.6 months.

Condominiums in 90814

Condominium prices in 90814 are close to the highest they’ve ever been in the past three years. In December 2015, the median price was $345,000, up 17% from the previous December. This is also just the slightest bit below the peak price of $347,450 that occurred in March 2014.

The price per square foot of condos in 90814 reached an all time high in December 2015. The median price per square foot was $385, up 6.1% from December 2014.

Inventory of condos for sale in 90814 is also very low. In December 2015 the supply was 1.3 months, down 40.9% from the previous December. This supply is far below what a balanced market looks like.

Sellers Market

The above data shows us that the market in 90814 is in favor of sellers. Home prices are high and inventory is low, which means that sellers can expect their home to sell quickly and for top dollar if they price it appropriately and it’s marketed effectively. If you would like to find out what your home is worth, fill out the form below and we’d be happy to provide you with a report.

Homes Under Contract in 90814

New Listing - 4 weeks online
$850,000
For Sale
3
Beds
2
Baths
1,759
Sq Ft
430 Flint Avenue
Long Beach, CA 90814
Single Family Residence - Active Under Contract
$829,000
For Sale
3
Beds
2
Baths
1,565
Sq Ft
635 Grand Avenue
Long Beach, CA 90814
Single Family Residence - Active Under Contract
$569,900
For Sale
2
Beds
1
Baths
980
Sq Ft
2916 E Colorado Street
Long Beach, CA 90814
Single Family Residence - Active Under Contract

Homes for Sale in 90814

New Listing - 4 weeks online
$1,795,000
For Sale
5
Beds
5
Baths
3,815
Sq Ft
351 Havana Avenue
Long Beach, CA 90814
Single Family Residence - Active
$1,525,000
For Sale
4
Beds
3
Baths
3,258
Sq Ft
4740 E 5th Street
Long Beach, CA 90814
Single Family Residence - Active
$1,235,000
For Sale
4
Beds
2
Baths
2,785
Sq Ft
5340 E 6th Street
Long Beach, CA 90814
Single Family Residence - Active
$1,225,000
For Sale
4
Beds
3
Baths
2,980
Sq Ft
5475 E Colorado Street
Long Beach, CA 90814
Single Family Residence - Active
$1,164,900
For Sale
3
Beds
3
Baths
2,781
Sq Ft
344 Calle Marseille
Long Beach, CA 90814
Single Family Residence - Active
$1,125,000
For Sale
4
Beds
3
Baths
2,524
Sq Ft
5735 Madrid Lane
Long Beach, CA 90814
Single Family Residence - Active
New Listing - 3 weeks online
$1,025,000
For Sale
3
Beds
2
Baths
2,487
Sq Ft
5729 Avenida Estoril
Long Beach, CA 90814
Single Family Residence - Active
New Listing - 2 weeks online
$949,900
For Sale
3
Beds
1
Baths
1,521
Sq Ft
655 Los Altos Avenue
Long Beach, CA 90814
Single Family Residence - Active
New Listing - 2 weeks online
$879,000
For Sale
3
Beds
1
Baths
2,248
Sq Ft
5681 Colorado Street
Long Beach, CA 90814
Single Family Residence - Active
New Listing - 4 weeks online
$850,000
For Sale
3
Beds
2
Baths
1,759
Sq Ft
430 Flint Avenue
Long Beach, CA 90814
Single Family Residence - Active Under Contract
New Listing - 4 weeks online
$849,000
For Sale
3
Beds
1
Baths
1,691
Sq Ft
345 Flint Avenue
Long Beach, CA 90814
Single Family Residence - Active
$829,000
For Sale
3
Beds
2
Baths
1,565
Sq Ft
635 Grand Avenue
Long Beach, CA 90814
Single Family Residence - Active Under Contract
New Listing - 2 days online
$829,000
For Sale
2
Beds
1
Baths
1,104
Sq Ft
4922 E 3rd Street
Long Beach, CA 90814
Single Family Residence - Active
$819,000
For Sale
3
Beds
1
Baths
1,454
Sq Ft
616 Roycroft Avenue
Long Beach, CA 90814
Single Family Residence - Active
New Listing - 4 weeks online
$799,990
For Sale
3
Beds
2
Baths
1,184
Sq Ft
3702 E 6th Street
Long Beach, CA 90814
Single Family Residence - Active
$599,000
For Sale
2
Beds
1
Baths
1,100
Sq Ft
4015 E Massachusetts Street
Long Beach, CA 90814
Single Family Residence - Active
$569,900
For Sale
2
Beds
1
Baths
980
Sq Ft
2916 E Colorado Street
Long Beach, CA 90814
Single Family Residence - Active Under Contract

Condos Under Contract in 90814

New Listing - 4 weeks online
$374,900
For Sale
2
Beds
2
Baths
1,030
Sq Ft
382 Coronado Avenue #306A
Long Beach, CA 90814
Condo - Active Under Contract

Condos for Sale in 90814

New Listing - 4 weeks online
$374,900
For Sale
2
Beds
2
Baths
1,030
Sq Ft
382 Coronado Avenue #306A
Long Beach, CA 90814
Condo - Active Under Contract
New Listing - 3 weeks online
$340,000
For Sale
1
Beds
1
Baths
693
Sq Ft
552 N Bellflower Boulevard #317
Long Beach, CA 90814
Condo - Active
New Listing - yesterday
$335,000
For Sale
2
Beds
1
Baths
898
Sq Ft
374 Carroll Park E #12
Long Beach, CA 90814
Condo - Active
New Listing - 2 weeks online
$330,000
For Sale
1
Beds
1
Baths
776
Sq Ft
333 Newport Avenue #301
Long Beach, CA 90814
Condo - Active

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