Wrigley real estate

Wrigley Real Estate Update – December 2015

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

What’s Going On With Home Prices in Wrigley?

Wrigley real estate is very hot right now! The median home price in Wrigley increased to $468,500 last month – its highest level in years and 10.9% higher than in November 2014.

As of November 2015, the median price per square foot was $322 (up 4.9% from November 2014) and the median days to sell a home was 43, up slightly from the previous month but still lower than last November.

Closed sales in November were down by 30% from the previous year, which may be in part because of low inventory in the area. The 2.2 month supply of inventory as of last month is above the same time last year, but still below its level most of the year and below the level considered necessary for a “balanced” real estate market.

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 Wrigley

New Listing - 2 weeks online
$465,000
For Sale
3
Beds
1
Baths
1,242
Sq Ft
2274 Pine Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$449,500
For Sale
1
Beds
1,320
Sq Ft
335 W Pacific Coast Highway W
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$585,000
For Sale
3
Beds
2
Baths
1,612
Sq Ft
3261 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$499,000
For Sale
2
Beds
1
Baths
1,138
Sq Ft
2923 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$574,900
For Sale
3
Beds
2
Baths
1,398
Sq Ft
2840 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$629,900
For Sale
3
Beds
1
Baths
2,000
Sq Ft
1911 Cedar Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$575,000
For Sale
3
Beds
2
Baths
1,140
Sq Ft
2658 Daisy Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
Short Sale
$550,000
For Sale
4
Beds
2
Baths
1,300
Sq Ft
3136 San Francisco Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract

What’s the Value of My Long Beach Home?

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?
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