90814 Real Estate Market Update

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90814 Real Estate Market Update
October 2015

Including the neighborhoods of Carroll Park, Rose Park South, Bluff Heights, Alamitos Heights, and Del Lago.

 

It has been a very sporadic year in terms of the number of closed sales on single family homes in the 90814 area. September 2015 experienced a sharp drop with only 7 closed sales, which is down from 13 in August and down 30% from September of last year.

 

The inventory of single family homes for sale in 90814 has been climbing all summer, and September followed the trend. There is currently a 2.9 months supply, which is the highest inventory level of 2015, but still down 14.7% from this time last year.

 

The median sales price dropped for the second month in a row, though not as dramatically as August, and landed at $692,500. This is not the lowest median price point of the year, but it is 10.1% lower than September 2014.

 

The median number of days on market rose slightly for the second month in a row, coming to 43 days. This is 24.6% lower than September 2014.

 

90814 Condos

The number of closed sales of 90814 condos increased dramatically, jumping from 6 in August to 12 this month. This is 50% higher than this time last year, and is also a record high over the past several years.

 

Perhaps due to the increase in popularity, the median sales price for 90814 condos increased this month to $323,500. This is the second highest median price point of the year, and is 14.4% higher than this time last year.

 

Also a likely factor of 90814 condos’ increased popularity, the months supply of inventory decreased for the third month in a row, and is at the lowest point of 2015.

 

A great market for buyers and sellers!

For those of you looking to buy or sell in the 90814 area, now is a great time. There are current market trends that benefit both ends of the spectrum. For more information and to figure out what options are best for you, give us a call today at 562.896.2456.

 

Want to know how the 90814 market compares to Long Beach as a whole? Find out now!

 

Homes for Sale 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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