Wrigley real estate

Wrigley Real Estate Update – June 2015

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

The Wrigley real estate market in Long Beach continues to be hot, with low inventory and high demand. The average sales price for homes sold in 90806 in May 2015 was $403,900, up from the previous month but slightly lower than in March 2015, when the average was $416,636.

The average price per square foot for homes sold in May 2015 was $330, up from the previous month as well as above the average last May.

Homes are selling quickly in the area, with the median time on market last month 26 days.

Ten homes closed escrow in 90806 in May 2015, which is consistent with sales volume for the past several months.

One factor limiting the sales volume is the number of homes that are actually on the market in Wrigley. 13 homes were listed last month, and there were 23 single family homes for sale in 90806 in May 2015, far below the 49 on the market a year ago.

The current inventory of homes for sale in 90806 represents a 1.8 month supply, compared to a 3.8 month supply in May 2014 and well below the peak in 2011 when there was a more than 7 month supply of homes for sale.

As a result of the low inventory and continued high demand, we are experiencing a “seller’s market” in the Wrigley area and homes are frequently selling at list price or very close to it, and in some cases above the list price. As of last month, the average list price to sales price ratio in the area was 98.8%.

Homes for Sale in Wrigley

New Listing - a week online
$574,900
For Sale
3
Beds
2
Baths
1,398
Sq Ft
2840 Magnolia Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 2 weeks online
$560,000
For Sale
3
Beds
1
Baths
1,501
Sq Ft
2550 Golden Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 3 weeks online
$425,000
For Sale
3
Beds
1
Baths
1,435
Sq Ft
2846 Daisy Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 3 weeks online
$399,000
For Sale
1
Beds
1
Baths
548
Sq Ft
2249 Maine Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
New Listing - 4 weeks online
$670,000
For Sale
3
Beds
2
Baths
1,813
Sq Ft
2630 Golden Avenue
Long Beach, CA 90806
Single Family Residence - Active
New Listing - 4 weeks online
$595,000
For Sale
3
Beds
1
Baths
1,000
Sq Ft
2890 Eucalyptus Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
New Listing - 4 weeks online
$350,000
For Sale
2
Beds
1
Baths
744
Sq Ft
211 E Eagle Street
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$555,000
For Sale
4
Beds
3
Baths
1,800
Sq Ft
3049 Maine Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$518,000
For Sale
3
Beds
1
Baths
1,004
Sq Ft
543 W 35th Street
Long Beach, CA 90806
Single Family Residence - Active
$629,900
For Sale
3
Beds
1
Baths
2,000
Sq Ft
1911 Cedar Avenue
Long Beach, CA 90806
Single Family Residence - Active
$505,000
For Sale
2
Beds
2
Baths
1,162
Sq Ft
3170 Chestnut Avenue
Long Beach, CA 90806
Single Family Residence - Active
Short Sale
$819,990
For Sale
4
Beds
3
Baths
3,030
Sq Ft
3183 Chestnut Avenue
Long Beach, CA 90806
Single Family Residence - Active
$595,000
For Sale
3
Beds
1
Baths
998
Sq Ft
2451 San Francisco Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$449,000
For Sale
3
Beds
2
Baths
1,278
Sq Ft
2340 Locust Avenue
Long Beach, CA 90806
Single Family Residence - Active
$560,000
For Sale
3
Beds
1
Baths
1,203
Sq Ft
2971 San Francisco Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$379,000
For Sale
3
Beds
2
Baths
1,240
Sq Ft
231 W 19th Street
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$539,000
For Sale
2
Beds
2
Baths
1,102
Sq Ft
2635 Daisy Avenue
Long Beach, CA 90806
Single Family Residence - Active Under Contract
$619,000
For Sale
3
Beds
2
Baths
1,446
Sq Ft
3241 Chestnut 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
$605,900
For Sale
3
Beds
2
Baths
2,003
Sq Ft
2538 Oregon Avenue
Long Beach, CA 90806
Single Family Residence - Active
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