90814 Market Update: August 2016

90814

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

90814 Market Update Includes the Neighborhoods of Carroll Park, Bluff Heights, Rose Park South, and Other 90814 Neighborhoods of Long Beach

The median home price in 90814 has increased substantially in the last three years but continues to see-saw with rises and falls in the market. Prices reached a peak of $940,000 in July 2015, but currently sits at $745,000 in July 2016. This is down 20.7% from the year prior.

The price per square foot in 90814 has had a rise of farily stable growth in 2016, and sat at $495 per square foot in July 2016. Compared to the last year at the same time, there has been an 11% growth.

The inventory of homes on the market in 90814 has seen gradual growth, with occasional falls. In February 2016 there was a 1.8 month supply, which is the lowest it’s been in more than a year, but quantity has increased to 3.2 over the following months into July. As anything below 4 to 6 months is considered a seller’s market, this is still a better than average time to be a seller, but with some options for buyers.

Condominiums in 90814

The median price of condominiums in 90814 has also fluctuated a fair amount in recent years, but trends upwards. In July, the median price for a condominium was $357,000, a 17% growth since July 2015.

The number of active listings in 90814 currently sits at 12, which is lower than average in the last two years. This is a 47% drop from the year prior.

Inventory has declined significantly in recent months, with a 1.3 month supply for condominiums in 90814. This is a good time to list your condo if you live inside this area, as the demand is high with little competition for properties.

Sellers Market

Inventory is low in 90814. People are looking to buy, but there are not enough homes on the market. If you’re thinking about selling your home, now is a great time to talk to a knowledgeable realtor.

Condominiums Recently Sold in 90814

$6,000,000
Multi-Family For Sale
Active
11,187
SQFT
360 Freeman Avenue
Long Beach, CA 90814
Belmont Heights (Bh) Subdivision
New Listing - 3 weeks online
$2,499,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
3,282
SQFT
400 Terraine Avenue
Long Beach, CA 90814
 
Price Change - a week ago
$2,125,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
4,546
SQFT
672 Santiago Avenue
Long Beach, CA 90814
Alamitos Heights (Ah) Subdivision
$1,599,000
Single Family Home For Sale
Active
3
BEDS
4
TOTAL BATHS
2,948
SQFT
300 Flint Avenue
Long Beach, CA 90814
Alamitos Heights (Ah) Subdivision
Price Change - 23 hours ago
$1,349,999
Single Family Home For Sale
Active
4
BEDS
2
TOTAL BATHS
2,070
SQFT
321 Mira Mar Avenue
Long Beach, CA 90814
Belmont Heights (Bh) Subdivision
$1,250,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
2,679
SQFT
620 Ultimo Ave
Long Beach, CA 90814
Alamitos Heights (Ah) Subdivision
$1,010,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,429
SQFT
359 Termino Avenue
Long Beach, CA 90814
 
New Listing - 4 weeks online
$990,000
Single Family Home For Sale
Active
2
BEDS
1
TOTAL BATH
922
SQFT
4741 E Colorado Street
Long Beach, CA 90814
 
New Listing - 2 weeks online
$925,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,193
SQFT
2003 E Florida Street
Long Beach, CA 90814
 
$725,000
Condo For Sale
Active
2
BEDS
3
TOTAL BATHS
1,206
SQFT
315 N. Winnipeg Place
Long Beach, CA 90814
Other (Othr) Subdivision
$560,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,028
SQFT
576 N Bellflower Boulevard #335
Long Beach, CA 90814
Stoney Brook Villas (St) Subdivision
New Listing - yesterday
$560,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,205
SQFT
3600 E 4th Street #105
Long Beach, CA 90814
 
New Listing - yesterday
$560,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,029
SQFT
448 N Bellflower Boulevard #101
Long Beach, CA 90814
Stoney Brook Villas (St) Subdivision
New Listing - 6 days online
$500,000
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
744
SQFT
514 Obispo Avenue #E
Long Beach, CA 90814
Other (Othr) Subdivision
New Listing - 2 weeks online
$473,000
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
831
SQFT
2135 E Florida Street #10
Long Beach, CA 90814
 
New Listing - yesterday
$425,000
Condo For Sale
Active
1
BED
1
TOTAL BATH
693
SQFT
564 N Bellflower Boulevard #118
Long Beach, CA 90814
Stoney Brook Villas (St) Subdivision
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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