90804 Real Estate Market Update

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

$5,495,000
Multi-Family For Sale
Pending
10,925
SQFT
4117 E 7th Street
Long Beach, CA 90804
Belmont Heights (Bh) Subdivision
New Listing - 4 weeks online
$3,275,000
Multi-Family For Sale
Pending
8,013
SQFT
1042 Molino Avenue
Long Beach, CA 90804
Circle (Ca) Subdivision
$2,999,000
Multi-Family For Sale
Active
4,951
SQFT
4104 4108 E 7th Street
Long Beach, CA 90804
Other (Othr) Subdivision
New Listing - 6 days online
$2,000,000
Single Family Home For Sale
Active
4
BEDS
5
TOTAL BATHS
3,593
SQFT
1000 Santiago Avenue
Long Beach, CA 90804
Alamitos Heights (Ah) Subdivision
New Listing - 3 weeks online
$2,000,000
Multi-Family For Sale
Active
3,918
SQFT
932 Temple Avenue
Long Beach, CA 90804
Other (Othr) Subdivision
$1,400,000
Multi-Family For Sale
Active
2,613
SQFT
1525 Obispo Avenue
Long Beach, CA 90804
Eastside (Es) Subdivision
$1,359,999
Multi-Family For Sale
Pending
2,370
SQFT
4030 E Ransom Ave
Long Beach, CA 90804
Circle (Ca) Subdivision
$1,333,000
Multi-Family For Sale
Pending
2,638
SQFT
732 Redondo Avenue
Long Beach, CA 90804
Alamitos Beach (Ab) Subdivision
$1,295,000
Multi-Family For Sale
Active
2,491
SQFT
3621 E 7th Street
Long Beach, CA 90804
Other (Othr) Subdivision
$1,275,000
Multi-Family For Sale
Pending
2,366
SQFT
2311 E 11th Street
Long Beach, CA 90804
Eastside (Es) Subdivision
$1,250,000
Multi-Family For Sale
Active
2,060
SQFT
917 Loma Avenue
Long Beach, CA 90804
Eastside (Es) Subdivision
New Listing - 3 weeks online
$1,200,000
Multi-Family For Sale
Active
2,600
SQFT
1150 Raymond Avenue
Long Beach, CA 90804
Other (Othr) Subdivision
$1,200,000
Multi-Family For Sale
Pending
3,854
SQFT
1116 Orizaba Avenue
Long Beach, CA 90804
Eastside (Es) Subdivision
$1,150,000
Single Family Home For Sale
Active
2
BEDS
1
TOTAL BATH
1,117
SQFT
1016 Grand Avenue
Long Beach, CA 90804
Alamitos Heights (Ah) Subdivision
New Listing - 2 weeks online
$1,125,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,301
SQFT
3375 Ridge Park Court
Long Beach, CA 90804
 
New Listing - 4 weeks online
$999,999
Multi-Family For Sale
Active
2,148
SQFT
1382 Molino Avenue
Long Beach, CA 90804
Eastside (Es) Subdivision
$998,000
Single Family Home For Sale
Pending
4
BEDS
4
TOTAL BATHS
2,496
SQFT
3357 Ridge Park Court
Long Beach, CA 90804
Other (Othr) Subdivision
New Listing - yesterday
$900,000
Single Family Home For Sale
Pending
2
BEDS
1
TOTAL BATH
896
SQFT
1206 Roswell Avenue
Long Beach, CA 90804
Eastside (Es) Subdivision
$899,000
Multi-Family For Sale
Active
1,829
SQFT
1630 Loma Avenue
Long Beach, CA 90804
Circle (Ca) Subdivision
$864,000
Single Family Home For Sale
Active
5
BEDS
2
TOTAL BATHS
2,035
SQFT
2160 E 15th Street
Long Beach, CA 90804
 

About the Author

Shannon Jones has been selling real estate since 1998 and specializes in listing and marketing homes. She has consistently been one of the top Realtors in the Long Beach area. Prior to her award-winning career in real estate with the Shannon jones Team, Shannon has had successful careers in journalism and public relations. She holds a bachelors degree from UC Irvine and a masters degree from UC Berkeley. Shannon holds E-Pro, CDPE (Certified Distressed Property Expert), and PSC (Pre-Foreclosure Specialist) certifications. Shannon is very personable and maintains a very strong moral compass, always putting the best interest of home buyers/sellers above monetary goals. A California native, Shannon enjoys gardening, travel, reading, cooking and poker when she’s not selling homes MY DESIGNATIONS Lic# 01247705 | CDPE (Certified Distressed Property Expert) | E-Pro | PSC (Pre-Foreclosure Specialist) MY SERVICE AREAS Anaheim Bellflower Buena Park Carson Cerritos Cypress Downey Fountain Valley Garden Grove Huntington Beach La Palma Lakewood Long Beach Los Alamitos Los Angeles County Norwalk Orange County Rossmoor San Pedro Seal Beach Signal Hill South Bay Westminster

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