90815 Market Update

90815 Market Update – January 2016

Real Estate Statistics and Information

Including the Neighborhoods of Los Altos, Park Estates, La Marina Estates, and other 90815 Areas of Long Beach

Home prices in 90815 been climbing steadily over the past three years. In December 2015, the median sales price was $610,000, up 14% from the December prior and slightly down from the peak median price of $626,000 that occurred in October 2015.

The supply of homes available in 90815 is lower than it’s been for years. In December 2015, the supply was 1.3 months, down 43.5% from the previous December.

Condominiums in 90815

Condominium prices in 90815 are also on the rise. In December of 2015, the median sales price was $393,000, up 34.2% from December 2014. This is the highest prices have been in this area in the past three years.

As with houses, inventory of condos in 90815 is also very low. In December 2015, the supply was just 1.4 months, which is down 33.3% from the previous December.

Sellers Market

Home prices in the 90815 neighborhoods are extremely low, while inventory remains very low. Demand is high in this area so if you are thinking about putting your home on the market, now is a great time. If you would like to know what your home is worth, fill out the form below and we’d be happy to provide you with a report.

Pending Home Sales in 90815

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Homes for Sale in 90815

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Pending Condo Sales in 90815

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Condos for Sale in 90815

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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