90814

90814 Market Update: August 2016

shannonjones Long Beach Real Estate , Real Estate , Real Estate Market Update , Rose Park Neighborhood Leave a Comment

Market Update: Real Estate Statistics and Information for the 90814 Areas of Long Beach, CA

90814 Market Update Includes the Neighborhoods of Carroll Park, Bluff Heights, Rose Park South, and Other 90814 Neighborhoods of Long Beach

The median home price in 90814 has increased substantially in the last three years but continues to see-saw with rises and falls in the market. Prices reached a peak of $940,000 in July 2015, but currently sits at $745,000 in July 2016. This is down 20.7% from the year prior.

The price per square foot in 90814 has had a rise of farily stable growth in 2016, and sat at $495 per square foot in July 2016. Compared to the last year at the same time, there has been an 11% growth.

The inventory of homes on the market in 90814 has seen gradual growth, with occasional falls. In February 2016 there was a 1.8 month supply, which is the lowest it’s been in more than a year, but quantity has increased to 3.2 over the following months into July. As anything below 4 to 6 months is considered a seller’s market, this is still a better than average time to be a seller, but with some options for buyers.

Condominiums in 90814

The median price of condominiums in 90814 has also fluctuated a fair amount in recent years, but trends upwards. In July, the median price for a condominium was $357,000, a 17% growth since July 2015.

The number of active listings in 90814 currently sits at 12, which is lower than average in the last two years. This is a 47% drop from the year prior.

Inventory has declined significantly in recent months, with a 1.3 month supply for condominiums in 90814. This is a good time to list your condo if you live inside this area, as the demand is high with little competition for properties.

Sellers Market

Inventory is low in 90814. People are looking to buy, but there are not enough homes on the market. If you’re thinking about selling your home, now is a great time to talk to a knowledgeable realtor.

Condominiums Recently Sold in 90814

  1. 2 beds, 2 baths
    Home size: 1,028 sq ft
    Lot size: 12.83 ac
    Year built: 1970
  2. 1 bed, 1 bath
    Home size: 693 sq ft
    Lot size: 12.83 ac
    Year built: 1970
  3. 1 bed, 1 bath
    Home size: 714 sq ft
    Lot size: 12,632 sqft
    Year built: 1969
  4. 2 beds, 2 baths
    Home size: 1,114 sq ft
    Lot size: 25,700 sqft
    Year built: 1966
  5. 2 beds, 2 baths
    Home size: 1,028 sq ft
    Lot size: 12.83 ac
    Year built: 1970
  6. 1 bed, 1 bath
    Home size: 600 sq ft
    Lot size: 25,700 sqft
    Year built: 1972
  7. 2 beds, 2 baths
    Home size: 936 sq ft
    Lot size: 16,552 sqft
    Year built: 1964
  8. 1 bed, 1 bath
    Home size: 773 sq ft
    Lot size: 13,068 sqft
    Year built: 1967
  9. 1 bed, 1 bath
    Home size: 722 sq ft
    Lot size: 7,840 sqft
    Year built: 1960
  10. 1 bed, 1 bath
    Home size: 773 sq ft
    Lot size: 12,632 sqft
    Year built: 1969

See all Real estate in the 90814 zip code.
(all data current as of 9/25/2017)

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

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