90814

90814 Market Update: August 2016

shannonjones Long Beach Real Estate , Real Estate , Real Estate Market Update , Rose Park Neighborhood Leave a Comment

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

New Listing - 2 weeks online
$3,200,000
Multi-Family For Sale
Active
0.1416
ACRES
LOS ANGELES
COUNTY
500 Junipero Avenue
Long Beach, CA 90814
Other (OTHR) Subdivision
New Listing - 2 weeks online
$3,200,000
Multi-Family For Sale
Active
0.1492
ACRES
LOS ANGELES
COUNTY
3117 E 6th Street
Long Beach, CA 90814
Eastside (ES) Subdivision
$1,650,000
Multi-Family For Sale
Active
0.1495
ACRES
LOS ANGELES
COUNTY
2506 E 6th Street
Long Beach, CA 90814
 
New Listing - 2 weeks online
$1,649,999
Multi-Family For Sale
Active
0.155
ACRES
LOS ANGELES
COUNTY
437 Newport Avenue
Long Beach, CA 90814
Belmont Park (BP) Subdivision
New Listing - 3 weeks online
$1,575,000
Condo For Sale
Active
7
BED
6
TOTAL BATHS
3,200
SQFT
434 Newport Avenue
Long Beach, CA 90814
Belmont Heights (BH) Subdivision
$1,300,000
Multi-Family For Sale
Active
0.155
ACRES
LOS ANGELES
COUNTY
312 Coronado Avenue
Long Beach, CA 90814
Other (OTHR) Subdivision
$1,199,000
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
2,389
SQFT
373 Park Avenue
Long Beach, CA 90814
Belmont Heights (BH) Subdivision
$1,150,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,588
SQFT
306 Ultimo Avenue
Long Beach, CA 90814
Alamitos Heights (AH) Subdivision
New Listing - a week online
$1,150,000
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
2,770
SQFT
5701 Lunada Lane
Long Beach, CA 90814
Del Lago (DL) Subdivision
$1,135,000
Multi-Family For Sale
Active
0.0973
ACRES
LOS ANGELES
COUNTY
4433 E 3rd Street
Long Beach, CA 90814
Belmont Heights (BH) Subdivision
New Listing - 3 weeks online
$994,500
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,000
SQFT
2255 E 6th Street
Long Beach, CA 90814
 
Open House 08/17 at 2PM
$979,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,221
SQFT
624 Termino Avenue
Long Beach, CA 90814
Belmont Heights (BH) Subdivision
$950,000
Multi-Family For Sale
Active
0.155
ACRES
LOS ANGELES
COUNTY
658 Coronado Avenue
Long Beach, CA 90814
 
Open House 08/17 at 1PM
$875,000
Single Family Home For Sale
Active
3
BED
1
TOTAL BATHS
1,284
SQFT
541 Obispo Avenue
Long Beach, CA 90814
Eastside (ES) Subdivision
$859,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,220
SQFT
4210 E Theresa Street
Long Beach, CA 90814
Belmont Heights (BH) Subdivision
$849,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,208
SQFT
344 Grand Avenue
Long Beach, CA 90814
Belmont Heights (BH) Subdivision
New Listing - 5 days online
$839,888
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,808
SQFT
601 Manila Avenue
Long Beach, CA 90814
Alamitos Heights (AH) Subdivision
New Listing - 4 weeks online
$749,900
Multi-Family For Sale
Active
0.0678
ACRES
LOS ANGELES
COUNTY
3623 E 6th Street
Long Beach, CA 90814
Belmont Heights (BH) Subdivision
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