90814 Real Estate Market Update

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

$2,300,000
Multi-Family For Sale
Active
0.17
ACRES
LOS ANGELES
COUNTY
386 Ximeno Avenue
Long Beach, CA 90814
Belmont Heights (Bh) Subdivision
New Listing - 5 days online
$1,999,999
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
3,047
SQFT
515 Flint Avenue
Long Beach, CA 90814
Alamitos Heights (Ah) Subdivision
New Listing - 2 weeks online
$1,890,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
2,916
SQFT
328 Granada Avenue
Long Beach, CA 90814
 
Price Change - 6 days ago
$1,890,000
Multi-Family For Sale
Active
5,201
SQFT
380 Temple Avenue
Long Beach, CA 90814
Bluff Park (Blf) Subdivision
New Listing - 5 days online
$1,700,000
Multi-Family For Sale
Active
3,806
SQFT
4140 E 5th Street
Long Beach, CA 90814
Belmont Heights (Bh) Subdivision
New Listing - 3 weeks online
$1,699,999
Multi-Family For Sale
Active
3,900
SQFT
691 Stanley Avenue
Long Beach, CA 90814
Other (Othr) Subdivision
$1,650,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
3,285
SQFT
357 Ultimo Avenue
Long Beach, CA 90814
Alamitos Heights (Ah) Subdivision
$1,599,999
Multi-Family For Sale
Active
4,118
SQFT
364 Freeman Avenue
Long Beach, CA 90814
Belmont Heights (Bh) Subdivision
Price Change - 3 weeks ago
$1,520,000
Single Family Home For Sale
Active
3
BEDS
4
TOTAL BATHS
3,913
SQFT
350 Los Altos Avenue
Long Beach, CA 90814
 
Price Change - 3 weeks ago
$1,499,000
Multi-Family For Sale
Active
2,396
SQFT
279 Redondo Avenue
Long Beach, CA 90814
2nd Street East (Sse) Subdivision
New Listing - 2 days online
$1,495,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
2,770
SQFT
364 Seville Way
Long Beach, CA 90814
Del Lago (Dl) Subdivision
$1,489,000
Multi-Family For Sale
Active
3,058
SQFT
451 Redondo Avenue
Long Beach, CA 90814
Belmont Heights (Bh) Subdivision
$1,280,000
Multi-Family For Sale
Active
2,576
SQFT
2825 E 5th Street
Long Beach, CA 90814
Belmont Heights (Bh) Subdivision
$1,250,000
Single Family Home For Sale
Active
0.14
ACRES
LOS ANGELES
COUNTY
335 Redondo Avenue
Long Beach, CA 90814
Belmont Heights (Bh) Subdivision
$1,200,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
1,664
SQFT
3214 E 4th Street #AB
Long Beach, CA 90814
Belmont Heights (Bh) Subdivision
$1,195,000
Single Family Home For Sale
Active
2
BEDS
3
TOTAL BATHS
1,328
SQFT
5675 E 6th Street
Long Beach, CA 90814
Alamitos Heights (Ah) Subdivision
Price Change - 4 days ago
$1,125,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,429
SQFT
359 Termino Avenue
Long Beach, CA 90814
 
Price Change - 6 days ago
$1,030,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,792
SQFT
313 Avenida Granada
Long Beach, CA 90814
Del Lago (Dl) Subdivision
Price Change - 2 weeks ago
$985,000
Single Family Home For Sale
Active
2
BEDS
2
TOTAL BATHS
1,086
SQFT
3511 E 3rd Street
Long Beach, CA 90814
Belmont Heights (Bh) 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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