90814 Market Update

90814 Market Update: Real Estate Statistics and Information for the 90814 Areas of Long Beach, CA

Including the Neighborhoods of Carroll Park, Bluff Heights, Rose Park South, and other 90814 Neighborhoods of Long Beach

Home prices in 90814 have declined for the past two months, but at $725,000, the median home price in January 2016, was still up 4.4% from January 2015.

There are not a lot of active listings in 90814. Historically, active listings tend to increase in the summer months, but the number has not risen substantially since June 2014. In January 2016, there were 16 active listings, which is actually up 33.3% from the year prior.

For the most part, inventory has been low in 90814 for some time. In January 2016, there was a two month supply of homes available on the market. This reflects a 33.3% increase from the year prior.

Condominiums in 90814

Like home prices, condominium prices are also quite high in 90814. However, prices have fluctuated a lot in the past three years.  In January 2016, the median price was $318,000, up just slightly from the previous year in January.

In January 2016 there were 16 active condo listings – the same number of active single family home listings. This is also the same number as there were a year ago in January.

The supply of condominiums is also very similar to the supply of single family homes in 90814. In January 2016 there was a 2.3 month supply of homes, which is down 11.5% from the year prior. If you are thinking about selling your condo in a 90814 neighborhood, now is a good time.

Bottom Line:

90814 is seen as an especially attractive area of Long Beach to live in. Home prices are very competitive and inventory is low. This means that the market favors sellers and a high rate of return on homes can be expected.

90814 Homes in Escrow

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Homes for Sale in 90814

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90814 Condos in Escrow

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Condos for Sale in 90814

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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