dsc0949

90815 Market Update: September 2016

shannonjones Long Beach , Long Beach Real Estate , Los Altos Neighborhood , Los Altos Real Estate , Real Estate , Real Estate Market Update Leave a Comment

90815 Market Update: Real Estate Statistics and Information for the 90815 Areas of Long Beach, CA

Including the Neighborhoods of Los Altos, Park Estates, La Marina Estates, and other 90815 Areas of Long Beach

The median home price in 90815 sat at $650,000 last month, showing a slight decline after a fairly steady spring and early summer. The price value peaked at $720,000 in February 2016, but in comparison to the same time last year, August’s values showed a 6.1% growth. Despite the occasional drop, property in this area continues to appreciate in value.


The number of new listings available in 90815 experienced a dip in August, going from 43 in July to 35. Typically from November to December, we see a very substantial drop in new listings, and current new listings are already lower than the year before.

Inventory as a whole is very low in 90815, and even with a late summer of inventory growth, the supply is still only 1.7 months worth. This puts housing firmly in a seller’s market, although a slight increase in inventory means that would-be buyers have a few more options.

Condominiums in 90815

Condo prices in 90815 grew in August 2016 to a median of $395,000, which in comparison to July’s $352,500 is pretty substantial. In comparison to last year, this is a 28.3% increase in value.

The number of active listings in August was very low, sitting at 9 available condos. This can potentially drive buyers to close on the condos currently in the market, setting 90815 up for an inventory shortage in the following month as we saw going from July to August.

Inventory in 90815 dropped again in August 2016 to a 1.8 months supply. Much like the single family home market, this is very much a seller’s market for condos, despite having seen a brief rise in inventory in 2016.

Sellers Market

Inventory in 90815 is low for both single family homes and condos, meaning that this is a strong sellers’ market. If you have been thinking about selling your home or condo, now is a great time with low competition.

Homes Sold in 90815

$1,800,000
For Sale
4
Beds
3
Baths
3,292
Sq Ft
702 N Lariat Circle
Long Beach, CA 90815
Single Family Residence - Active
$1,699,000
For Sale
5
Beds
3
Baths
3,318
Sq Ft
1131 Ramillo Avenue
Long Beach, CA 90815
Single Family Residence - Active
$1,650,000
For Sale
4
Beds
3
Baths
2,786
Sq Ft
5281 E El Roble Street
Long Beach, CA 90815
Single Family Residence - Active
New Listing - 4 weeks online
$1,475,000
For Sale
3
Beds
1
Baths
2,745
Sq Ft
5610 E Las Lomas Street
Long Beach, CA 90815
Single Family Residence - Active Under Contract
$1,335,000
For Sale
4
Beds
2
Baths
3,847
Sq Ft
891 N Holly Glen Drive
Long Beach, CA 90815
Single Family Residence - Active
New Listing - 5 days online
$1,295,000
For Sale
3
Beds
1
Baths
2,805
Sq Ft
6380 E Bixby Hill Road
Long Beach, CA 90815
Single Family Residence - Active
New Listing - 4 weeks online
$1,250,000
For Sale
3
Beds
2
Baths
2,267
Sq Ft
5230 E Los Flores Street
Long Beach, CA 90815
Single Family Residence - Active Under Contract
$1,195,000
For Sale
5
Beds
3
Baths
3,416
Sq Ft
805 N Rancho Drive
Long Beach, CA 90815
Single Family Residence - Active
$949,500
For Sale
5
Beds
5
Baths
3,859
Sq Ft
5421 E Hill Street
Long Beach, CA 90815
Single Family Residence - Active
$875,500
For Sale
4
Beds
2
Baths
1,509
Sq Ft
2008 N Bellflower Boulevard
Long Beach, CA 90815
Single Family Residence - Active
$849,995
For Sale
4
Beds
2
Baths
2,568
Sq Ft
2265 Canehill Avenue
Long Beach, CA 90815
Single Family Residence - Active
$799,900
For Sale
4
Beds
3
Baths
2,408
Sq Ft
5561 E Rolanda Street
Long Beach, CA 90815
Single Family Residence - Active
$789,900
For Sale
3
Beds
2
Baths
1,758
Sq Ft
2265 Mcnab Avenue
Long Beach, CA 90815
Single Family Residence - Active
$789,000
For Sale
2
Beds
2
Baths
1,794
Sq Ft
1390 Hackett Avenue
Long Beach, CA 90815
Single Family Residence - Active
New Listing - 3 weeks online
$789,000
For Sale
3
Beds
2
Baths
1,682
Sq Ft
5990 E El Paseo Street
Long Beach, CA 90815
Single Family Residence - Active
$774,500
For Sale
4
Beds
1
Baths
1,612
Sq Ft
6720 E Los Arcos Street
Long Beach, CA 90815
Single Family Residence - Active
$755,000
For Sale
3
Beds
2
Baths
1,210
Sq Ft
2828 Palo Verde Avenue
Long Beach, CA 90815
Single Family Residence - Active
New Listing - a week online
$749,900
For Sale
3
Beds
2
Baths
1,420
Sq Ft
5151 E Burnett Street
Long Beach, CA 90815
Single Family Residence - Active
$749,000
For Sale
3
Beds
2
Baths
2,006
Sq Ft
2877 Fidler Avenue
Long Beach, CA 90815
Single Family Residence - Active
$749,000
For Sale
3
Beds
3
Baths
1,804
Sq Ft
2026 N Studebaker Road
Long Beach, CA 90815
Single Family Residence - Active Under Contract

Contact Form

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.
About the Author