90814 real estate

90814 Real Estate Market Update – December 2015

shannonjones Long Beach Real Estate , Real Estate Market Update Leave a Comment

What’s Going On With Real Estate in 90814?

Home Prices in Carroll Park, Bluff Heights, Rose Park South and other 90814 Neighborhoods of Long Beach

90814 real estate is hot right now! The median price for homes sold in 90814 last month was $860,000, which is up 42.1% from last November.

Interestingly, however, the median price per square foot in November was at $395, which is 31.1% lower than it was in November 2014.
With just 7 closed home sales in November 2015, the number of home sales in 90814 was lower than it has been for a number of months but still higher than this time last year.

Homes in 90814, which includes Carroll Park, Rose Park South, and Bluff Heights Neighborhoods, are selling reasonably quickly. As of November 2015, the median days on the market for sold homes was 40, which is 21.6% below this time last year.

The number of homes for sale in 90814 declined last month to a 1.9 month supply, which is 13.6% below its level in November 2014.

Condo Sales in 90814
The number of condos for sale in 90814 is also extremely low, with just a 1.3 month supply of condos for sale, down 62.9% from November 2014.

At $343,000 as of November 2015, the median price for condos sold in 90814 was 25% higher than it was in November 2014.

Seller’s Market

Anytime inventory is as low as it is right now, we experience what’s called a “seller’s market,” meaning that sellers have the upper hand when negotiating because supply is so far below current demand. Although spring and summer are traditionally considered by many to be the best time of year to sell a home, this winter is shaping up to be an excellent opportunity for sellers. If you’d like to find out what your home is worth in today’s market, fill out the form below and we’d be happy to provide you with a custom market evaluation.

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

What’s My Long Beach Home Worth?

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