90814 Market Update

shannonjones Belmont Heights , CA , California , Long Beach , Long Beach Condos , long beach homes , Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

September Market Update for the 90814 area of Long Beach, CA.

Real Estate Statistics for Rose Park South, Carroll Park, Belmont Heights, and Alamitos Heights.

 

The number of closed sales for single family homes in the 90814 area hit its second highest peak of 2015 this August, with 13 closed sales. This is 116.7% higher than this time last year.

 

Due to the popularity of these neighborhoods and the high number of closed sales, inventory of single family homes is very low. As of August, there was only a 2.2 months supply of homes in 90814.

 

Though median sales prices had reached their all-time high this past July, coming in at $940,000, in August they took a $225,000 drop to average out at $715,000.

 

The median number of days on market for single family homes has varied a lot this past year. Yet in August the median number of days was low – only 44. This is 68% better than this time last year.

 

90814 Condo Sales

Though the number of closed sales for condos in the 90814 area had been going up most of 2015, the number took a slight drop this August, with 7 closed sales.

 

Median sales prices for condos in this area also took a drop this past month, coming to $285,000. This is 16.1% lower than August of 2014.

 

Following the downward trend, the months supply of inventory for condos also took a drop this month, and is currently at a 2.8.

 

A great time to sell!

If you are thinking about selling your 90814 home or condo, now is a great time! Supply is low and demand is high, making it very favorable for sellers. If you are curious about what your home may be worth, take a minute to fill out the form below and we will send you a free home evaluation!

Free Home Evaluation

The value of your home has most certainly changed since you bought it! Take a few seconds to fill out the form below and we'll prepare an expert market analysis of your home at no cost!
  • Tell us a little bit about your situation
  • Where is the property located?
  • Who can we contact with your completed market analysis?

 

Wondering how 90814 compares to the rest of Long Beach? Click here for the full Market Update.

 

Current 90814 Homes for Sale

No Results Found.

Current 90814 Condos for Sale

New Listing - 2 weeks online
$499,000
For Sale
2
Beds
2
Baths
1,028
Sq Ft
424 N Bellflower Boulevard #301
Long Beach, CA 90814
Condo - Active
$479,000
For Sale
2
Beds
2
Baths
1,187
Sq Ft
3600 E 4th Street #303
Long Beach, CA 90814
Condo - Active Under Contract
New Listing - a week online
$450,000
For Sale
2
Beds
2
Baths
1,028
Sq Ft
436 N Bellflower Boulevard #215
Long Beach, CA 90814
Condo - Active
New Listing - 2 weeks online
$419,900
For Sale
2
Beds
2
Baths
869
Sq Ft
342 Orizaba Avenue #4
Long Beach, CA 90814
Condo - Active
New Listing - 5 days online
$375,000
For Sale
2
Beds
2
Baths
1,018
Sq Ft
334 Gladys Avenue #105
Long Beach, CA 90814
Condo - Active
$360,000
For Sale
2
Beds
2
Baths
953
Sq Ft
2033 E 3rd Street #3H
Long Beach, CA 90814
Condo - Active
$350,000
For Sale
1
Beds
1
Baths
698
Sq Ft
444 Obispo Avenue #203
Long Beach, CA 90814
Condo - Active
New Listing - 3 days online
$342,000
For Sale
1
Beds
1
Baths
693
Sq Ft
552 N Bellflower Boulevard #116
Long Beach, CA 90814
Condo - Active
New Listing - 4 weeks online
$335,000
For Sale
1
Beds
1
Baths
724
Sq Ft
382 Coronado Avenue #303
Long Beach, CA 90814
Condo - Active
New Listing - a week online
$312,000
For Sale
1
Beds
1
Baths
663
Sq Ft
3042 E 3rd Street #8
Long Beach, CA 90814
Condo - Active
$279,900
For Sale
1
Beds
1
Baths
566
Sq Ft
3045 E E. Theresa Street #12
Long Beach, CA 90814
Condo - Active
About the Author