90802 Market Update

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September Market Update for the 90802 area of Long Beach, CA. Real Estate Statistics for Downtown, East Village, and Alamitos Beach.   The number of closed home sales in the 90802 area have been a bit sporadic in the last year, but for the month of August, there were 5 closed sales, up from 4 in the month of July.   Though in Long Beach as a whole, the month’s supply of homes has gone down, the opposite has happened in 90802. Currently there is a 3.6 months supply of home, which is 33.3% higher than this time last year.   …

651 Orizaba Ave, Rose Park South, Long Beach, CA

651 Orizaba Avenue

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Historic Bungalow 651 Orizaba Ave., Long Beach, CA Rose Park South Neighborhood IN ESCROW!! Accepting back-up offers only! Nestled on a corner lot under one of the neighborhood’s largest trees, this 1911 bungalow has an open floor plan with ample living and dining room space and a charming built-in china cabinet. In addition to two bedrooms, there is a bonus room that’s perfect for a library or home office. The roomy kitchen has tiled counters. The home has a side deck area for lounging, plus a grassy side yard that could be fenced for additional privacy. Situated in the Rose …

3010 E. 5th St., Long Beach, CA

Sold! – 3010 E. 5th Street

shannonjones Buying a Home , CA , California , City of Long Beach , Featured Articles , Long Beach , long beach homes , Long Beach Real Estate , Real Estate , Rose Park , Rose Park Neighborhood Leave a Comment

JUST SOLD! Classic Craftsman Bungalow 3010 E. 5th Street, Long Beach Rose Park South Neighborhood Envision yourself in a classic Craftsman bungalow situated a short walk from shops, restaurants and coffee houses and an easy, breezy bike ride away from the beach. Now picture a rental unit in the back to help pay your mortgage and you’ve pictured yourself at 3010 E. 5th Street! Located on a large lot in the Rose Park South Historic District, the front house features original hardwood floors, built-in cabinetry, an open floor plan and lots of natural light. The kitchen has been remodeled with light …

Real Estate Market Update for 90804

shannonjones CA , California , City of Long Beach , Long Beach , Long Beach Condos , long beach homes , Long Beach Real Estate , Real Estate , Real Estate Market Update , Rose Park , Rose Park Neighborhood Leave a Comment

How Does the Real Estate Market Look for 90804? Though the median home sales price in 90804 has taken a couple dips in 2005, it seems that home prices in 90804 are back on the rise. In July 2015, the median sales price was $425,000, which is a $2,000 increase from June and $105,000 higher than it was in January 2015. Meanwhile the inventory of homes for sale in 90804 remains relatively low. In June of 2015, the inventory of homes for sale was at 2.3 months, significantly below the 4.4 month supply the area experienced in May. For July, inventory went up slightly, to …

What does $1 million buy you?

What Does $1 Million Buy You?

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You’ve seen the home shows on TV, with gorgeous mansions that can be purchased for a song compared to our Southern California home prices. Here in the land of sunshine, we have a weather premium built into our prices. So what does $1 million actually buy you? Here’s a look by area: Belmont Park, Long Beach: Right across from award-winning Rogers Middle School and Lowell Elementary, you can purchase this two story home:   Lakewood Village, Long Beach: Further inland, in Lakewood Village, you’ll get a larger home on a larger lot for $1 million. University Park Estates, Long Beach: …

Long Beach real estate

Long Beach Real Estate Market Update

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Long Beach Real Estate Market Heats Up Home sales were up and the supply of homes for sale continued to decline last month in Long Beach.  Homes that are priced well, show well and are effectively marketed are selling very quickly and multiple offers are becoming more and more common. Closed sales hit their highest peak in Long Beach last month since October 2014, with 223 single family homes sold. We expect even more closed sales in the months to come since pending sales spiked significantly last month, up to 264 from 170 the previous month.   New listings in …

788 Orizaba Avenue, Long Beach CA

788 Orizaba Avenue, Long Beach

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SOLD! 788 Orizaba Avenue is one of the handful of homes directly across from Rose Park, the circular park for which the surrounding historic district is named. This spacious home beautifully blends Craftsman architecture with modern amenities and style.   From the gleaming hardwood floors to the high-end light fixtures and updated bathrooms and kitchen, you’ll appreciate the attention to detail throughout. The large Craftsman-inspired kitchen has a rolling butcher block island, black quartz countertops and tons of storage. It’s a perfect spot to sit and sip your morning coffee. In addition to the amply sized living and dining rooms, …

why buy a home now

Why Buy A Home Now?

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If you’re a renter or a move-up buyer, you may be wondering, “Why buy a home now?”  or “Is now the best time to make a move?” In general, there are two factors that will impact the amount of house you can afford in your price range: home prices & mortgage rates. In both cases,  projected numbers point to now being a great time to buy. Let’s look at what the experts are predicting over the next twelve months for these two areas: PRICES Over 100 economists, real estate experts and investment & market strategists were recently polled as a part …

2121 E. 6th Street, Long Beach

2121 E 6th Street

Shannon Featured Properties

SOLD! Before even crossing the threshold of this one-of-a-kind Rose Park South Craftsman bungalow, you’ll be gently enveloped in the bamboo-shaded softscape and charmed instantly by the 100-plus years of heartwarming history of the four families who have called it home. Built in 1911, this home has been lovingly cared for and retains its original vintage architecture and accents in the main living areas combined with an award-winning luxe renovation, including a master bath imbued with the soft cadence of a custom fountain, a full-size Finnish sauna, an extra-deep jetted tub, heated stone floors, and a walk-in multi-head shower; a …

257 Euclid Avenue, Long Beach

257 Euclid Avenue

Shannon Featured Properties

SOLD! If you’ve been searching for peace and serenity, yet still want to be the “it” place for friends and family to gather, then look no further than this 1919 Craftsman bungalow in Belmont Heights sitting on a 5,423 sq. ft lot. Close to bustling 2nd Street in Belmont Shore, you’ll be transported to the dappled hills of Carmel when relaxing in the massive back yard shaded with magnificent trees and hundreds of gently bowing branches. Period architectural details like leaded glass, hardwood floors, crown and picture molding, and push-button light switches blend seamlessly with updated amenities, like a wood-paneled master …