90806 Market Update

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90806 Market Update: Real Estate Statistics and Information for the 90806 Areas of Long Beach, CA

Includes Real Estate Information for Wrigley and the Surrounding Areas of 90806

Although the median home price in 90806 dipped slightly in February 2016, it still represents a 7.8% increase from the prior February. Despite fluctuations, home prices in 90806 have gone up by about $100,000 over the past few years.

The number of active listings in 90806 is at its lowest level in years. In February 2016 there were just 17 active listings on the market in 90806, which represents a 34.6% drop from February 2015.

Not surprisingly, given the low number of active listings and high demand, the inventory of available homes for sale in Wrigley also hit a low point last month. In February 2016 there was just a 1.3 month supply of homes for sale in 90806. This is 35% lower than inventory the year prior in February.  Inventory has not been at a level that’s considered “balanced” since the summer of 2014.

Condominiums in 90806

The median price of condos in 90806 dropped substantially in the past month. In December 2016 the median price reached a peak of $315,900. However, a month later in February, the median price dropped to $231,000. This dip continues an erratic pattern of condo pricing in 90806. The erratic pattern is in part due to the fact that there aren’t many condos in 90806.

There are very few active condo listings in 90806. In February 2016 there were just two active listings. However, in February 2015 there was just one active listing.

The supply of condos in 90806 has dropped quite a bit in recent months. In October 2015 there was a six month supply of homes. Inventory has since dropped to a 1.5 month supply in February 2016. This is considered very low and strongly favors sellers.

Sellers Market

Inventory is quite low in the Wrigley neighborhood. People are shopping for homes but there just aren’t enough homes on the market to meet the demand. If you are thinking about selling your home in 90806, now is a great time.

90806 Homes in Escrow

$819,900
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
2,393
SQFT
2905 Magnolia Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$690,000
Single Family Home For Sale
Active Under Contract
6
BED
3
TOTAL BATHS
3,504
SQFT
1865 Lemon Avenue
Long Beach, CA 90806
Poly High (PH) Subdivision
$688,800
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
1,516
SQFT
3056 Oregon Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$679,000
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,435
SQFT
3154 San Francisco Avenue
Long Beach, CA 90806
Wrigley Heights (WH) Subdivision
$585,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
986
SQFT
2886 Daisy Avenue
Long Beach, CA 90806
 
$546,999
Single Family Home For Sale
Active Under Contract
3
BED
1
TOTAL BATHS
1,339
SQFT
2125 Pine Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
Short Sale
$540,000
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
1,594
SQFT
737 W Hill Street
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$499,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
768
SQFT
3130 Daisy Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 2 weeks online
$489,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
1,132
SQFT
2910 Daisy Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$440,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
660
SQFT
2295 Olive Avenue
Long Beach, CA 90806
Poly High (PH) Subdivision
Short Sale
$320,000
Townhouse For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,120
SQFT
329 E Dayman Street #5
Long Beach, CA 90806
Poly High (PH) Subdivision

Homes for Sale in 90806

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