90804 Real Estate Market Update

90804 Real Estate Market Update

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90804 Real Estate Market Update
October 2015

Including the neighborhoods of Rose Park, Eastside, and
Circle Area.

 

The springtime saw very sporadic changes in the number of closed sales of single family homes in the 90804 area, however September brought only a slight change. There were 8 closed sales in September, which is down 1 from August, but 14.3% higher than this time last year.

 

The months supply of inventory dropped slightly this past month, landing at 3.0, but this is still 42.9% higher than levels were in September 2014.

 

After a record peak at $575,000 this past August, median sales prices of single family homes in this area dropped to $461,250. This, however, is still one of the highest months of the year and is 7.3% higher than last year.

 

The median number of days on market for single family homes has been dropping since mid-summer, and September was no exception. Homes are currently on the market an average of 25 days, which is 50% less than this time last year.

 

90804 Condo Sales

The number of closed sales of 90804 condos reached a record high for the second time this year (tied with April 2015) at 17 closed sales. This is a whopping 142.9% higher than this time last year.

 

Median sales price for 90804 condos, on the other hand, took a slight drop this past month. The median price is currently at $250,000, which is still 4.2% higher than September 2014.

 

The months supply of condos in the 90804 area saw a decline for the second month in a row, landing at 2.5. This is the lowest inventory rate of 2015 so far, and 30.6% lower than this time last year.

 

A great market for both buyers and sellers!

Whether you’re looking to buy or looking to sell in the 90804 area, there are current market trends that will benefit both ends of the deal. If you have any further questions about the real estate market, don’t hesitate to call! 562.896.2456

 

Want to know how 90804 compares to the rest of Long Beach? Find out now!

 

Homes for Sale in 90804

New Listing - 3 weeks online
$2,395,000
For Sale
3441 E Wilton Street
Long Beach, CA 90804
Circle (CA) - Active
New Listing - 2 weeks online
$1,950,000
For Sale
2219 E 10th Street
Long Beach, CA 90804
- Active
New Listing - 3 weeks online
$1,695,000
For Sale
720 Belmont Avenue
Long Beach, CA 90804
Belmont Heights (BH) - Active
$1,450,000
For Sale
2315 E Spaulding Street
Long Beach, CA 90804
- Active
$1,399,999
For Sale
2412 E 15th Street
Long Beach, CA 90804
North Long Beach (NLB) - Active
New Listing - 2 weeks online
$1,250,000
For Sale
788 Molino Avenue
Long Beach, CA 90804
- Active
New Listing - 2 weeks online
$1,249,000
For Sale
4
Beds
3
Baths
2,256
Sq Ft
750 Terraine Avenue
Long Beach, CA 90804
Single Family Home - Active Under Contract
New Listing - 4 weeks online
$1,175,000
For Sale
800 Stanley Avenue
Long Beach, CA 90804
Multi-Family - Active
New Listing - 2 weeks online
$999,000
For Sale
1540 Stanley Avenue
Long Beach, CA 90804
Eastside (ES) - Active
New Listing - 3 weeks online
$949,000
For Sale
1055 Belmont Avenue
Long Beach, CA 90804
- Active
New Listing - 2 weeks online
$934,000
For Sale
3
Beds
2
Baths
1,849
Sq Ft
776 Havana Avenue
Long Beach, CA 90804
Single Family Home - Active Under Contract
New Listing - 3 weeks online
$799,000
For Sale
4
Beds
4
Baths
2,496
Sq Ft
3327 View Ridge Drive
Long Beach, CA 90804
Townhouse - Active
New Listing - 3 days online
$775,000
For Sale
3648 E Wilton Street
Long Beach, CA 90804
Other (OTHR) - Active
$749,000
For Sale
816 Grand Avenue
Long Beach, CA 90804
Eastside (ES) - Active Under Contract
New Listing - a week online
$699,900
For Sale
3
Beds
3
Baths
1,970
Sq Ft
1744 Grand Avenue #7
Long Beach, CA 90804
Condo - Active Under Contract
$650,000
For Sale
2
Beds
1
Baths
1,682
Sq Ft
1447 Newport Avenue
Long Beach, CA 90804
Single Family Home - Active
New Listing - 20 hours online
$639,000
For Sale
2
Beds
2
Baths
1,056
Sq Ft
3855 E Wilton Street
Long Beach, CA 90804
Single Family Home - Active
$625,000
For Sale
2026 E 15th Street
Long Beach, CA 90804
Poly High (PH) - Active
$620,000
For Sale
4
Beds
3
Baths
1,574
Sq Ft
3122 E 11th Street
Long Beach, CA 90804
Multi-Family - Active
$609,000
For Sale
2
Beds
1
Baths
884
Sq Ft
3926 E Wilton Street
Long Beach, CA 90804
Single Family Home - Active Under Contract

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