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

Price Change - 3 weeks ago
$1,750,000
Multi-Family For Sale
Active Under Contract
0.171
ACRES
LOS ANGELES
COUNTY
1851 Chestnut Avenue
Long Beach, CA 90806
 
$885,000
Multi-Family For Sale
Active Under Contract
0.1449
ACRES
LOS ANGELES
COUNTY
2291 Magnolia Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 3 weeks online
$799,000
Single Family Home For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
2,832
SQFT
2100 Eucalyptus Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$717,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,544
SQFT
2474 Maine Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$649,900
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
1,364
SQFT
1983 Oregon Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$520,000
Single Family Home For Sale
Active Under Contract
3
BED
1
TOTAL BATHS
1,064
SQFT
3625 Maine Avenue
Long Beach, CA 90806
 
$499,999
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
1,014
SQFT
2716 De Forest Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 3 weeks online
$495,000
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,382
SQFT
2040 Atlantic Avenue
Long Beach, CA 90806
Other (OTHR) Subdivision
$480,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,515
SQFT
2335 Martin Luther King Jr Avenue
Long Beach, CA 90806
Other (OTHR) Subdivision
$455,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
920
SQFT
1180 E 21st Street
Long Beach, CA 90806
Poly High (PH) Subdivision
New Listing - 2 weeks online
$449,900
Townhouse For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,271
SQFT
117 W Spring Street #E
Long Beach, CA 90806
 
$399,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
720
SQFT
1977 Pasadena 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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