Wrigley

Wrigley Mid-Year Real Estate Update

shannonjones Real Estate , Real Estate Market Update , Wrigley Leave a Comment

After a dip in May, the median home price in Wrigley climbed in June 2015 to $437,500, its highest level so far this year. Wrigley home price appreciation has lagged behind the overall trend in Long Beach, however.

 

The inventory of homes for sale in Wrigley has been in decline each month this year and continued that trend last month, dipping to a 1.6 month supply of homes for sale. In comparison, Long Beach overall has a 2.6 month supply of homes for sale.

 

 

The low inventory contributed to speedy sales in June 2015, with Wrigley’s closed home sales averaging just 22 days on market, far below the 65 days on market average in January. The average days on market for homes sold in Long Beach in June was 65.

 

Closed sales in Wrigley reached their highest point this year in June with 16 closed sales. That volume, however,  was below the spike in sales that occurred between July and October of 2014.

 

 

As of July 8, 2015, there were 14 homes on the market in Wrigley, ranging in price from $299,900 to $575,000. Additionally, there were 17 homes in “pending” status, in escrow, and an additional 10 homes in “backup” status, meaning they are under contract but the homeowners would consider backup offers.

Homes that are priced well and in great condition are in high demand in Wrigley right now as more first-time buyers are entering the market, propelled in part by the fear of interest rates inching up. With the low inventory and high demand, this is a good time to list and sell a home in the Wrigley neighborhood. If you’re wondering what these statistics mean for the price of your Wrigley home, you can obtain a fast, automated report on your home’s value at PriceMyLongBeachHome.com. Or call The Shannon Jones Team at 562.896.2456 and we’d be happy to prepare a more detailed, personalized valuation report for you.

Recently Sold Wrigley Homes

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Wrigley Homes Currently Under Contract

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Wrigley Homes For Sale

  1. 2 beds, 1 bath
    Home size: 892 sq ft
    Lot size: 1,742 sqft
    Year built: 1929
    Days on market: 5
  2. 2 beds, 1 bath
    Home size: 1,127 sq ft
    Lot size: 5,662 sqft
    Year built: 1927
    Days on market: 9
  3. 4 beds, 3 baths
    Home size: 1,800 sq ft
    Lot size: 5,227 sqft
    Year built: 1942
    Days on market: 12
  4. 3 beds, 2 baths
    Home size: 1,335 sq ft
    Lot size: 5,227 sqft
    Year built: 1940
    Days on market: 12
  5. 2 beds, 3 baths
    Home size: 965 sq ft
    Lot size: 2.16 ac
    Year built: 1985
    Days on market: 13
  6. 2 beds, 1 bath
    Home size: 1,250 sq ft
    Lot size: 6,098 sqft
    Year built: 1939
    Days on market: 18
  7. 3 beds, 2 baths
    Home size: 1,538 sq ft
    Lot size: 4,791 sqft
    Year built: 1980
    Days on market: 59
  8. 4 beds, 3 baths
    Home size: 3,030 sq ft
    Lot size: 5,227 sqft
    Year built: 2005
    Days on market: 70
  9. 3 beds, 2 baths
    Home size: 1,558 sq ft
    Lot size: 5,662 sqft
    Year built: 1944
    Days on market: 81
  10. 3 beds, 2 baths
    Home size: 1,493 sq ft
    Lot size: 5,227 sqft
    Year built: 1940
    Days on market: 125

See all Homes for Sale in Wrigley, Long Beach CA.
(all data current as of 6/26/2017)

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

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