90815 Market Update: October 2016

90815 Market Update

90815 Market Update: Real Estate Statistics and Information for the 90815 Areas of Long Beach, CA

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

The median home price in 90815 sat at $630,000 last month, showing a slight decline from August’s $650,000. While the last couple months have shown a small amount of loss, the pricing for this region is consistently pretty even with a slow but steady trend of growth.

The number of closed sales in 90815 experienced a rise in September, going from 27 in August to 31. 2016 has been a stronger than average year for closed sales, and although a downward dip around the holidays in not unheard of, 2015’s late fall and early winter saw a spike in sales. As such, it’s too soon to call if sales have truly begun to slow for the region based on September’s numbers.

Inventory as a whole is very low in 90815, though the summer and fall have shown a growth in available properties. At a 1.7 months supply in September, this is still one of the lowest inventory areas in Long Beach, and is firmly in a seller’s market.

Condominiums in 90815

Condo prices in 90815 dipped a little in September 2016 to a median of $351,000, keeping stride with the general pricing that 2016 has shown for condos this year in 90815. In comparison to last year, this is a 17% increase in value.

The number of days on the market for condos in 90815 is fairly low, taking a median of 29 days. This is in line with areas like Wrigley, which have seen a lot of demand that generally leads to quick sales. Which exception ofthe first half of 2015, the days on the market for this region is typically low for condos.

Inventory in 90815 is at another incredibly low point as of September 2016, with only 1 month of supply for condos. While there had been a general pattern of growth over the first half of the year, inventory has been taking a dive since July.

Sellers Market

Inventory in 90815 is low for both single family homes and condos, meaning that this is a strong sellers’ market. For people hunting in this area for a condo, you’ll want to be extra vigilant with a realtor that keeps an eye out for you. If you’re looking to sell your home, this market is incredibly stable, making your timeframe a good timeframe, no matter the time of year. If you’re ready to take the next step in the sale of your home or condo, feel free to contact our team to discuss the best strategy to get you the most for your home.

Homes For Sale in 90815

Foreclosure
$1,199,900
Single Family Home For Sale
Active
5
BEDS
3
TOTAL BATHS
2,703
SQFT
1802 Elmfield Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (Lsf) Subdivision
$1,175,000
Single Family Home For Sale
Active
5
BEDS
4
TOTAL BATHS
3,077
SQFT
6413 E Belen Street
Long Beach, CA 90815
 
$1,100,000
Single Family Home For Sale
Active
4
BEDS
2
TOTAL BATHS
1,587
SQFT
6891 E 10th Street
Long Beach, CA 90815
Other (Othr) Subdivision
New Listing - yesterday
$924,999
Single Family Home For Sale
Active
3
BEDS
1
TOTAL BATH
1,560
SQFT
6725 E El Salvador Street
Long Beach, CA 90815
Plaza South of Spring (Pzs) Subdivision
New Listing - 5 days online
$899,999
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,600
SQFT
7053 E Stearns Street
Long Beach, CA 90815
 
New Listing - 5 days online
$899,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,251
SQFT
2745 Ladoga Avenue
Long Beach, CA 90815
 
New Listing - 4 days online
$819,900
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,130
SQFT
2316 Carfax Avenue
Long Beach, CA 90815
 
New Listing - 2 weeks online
$819,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,165
SQFT
1802 N Studebaker Road N
Long Beach, CA 90815
Plaza South of Spring (Pzs) Subdivision
New Listing - 4 days online
$809,900
Single Family Home For Sale
Active
3
BEDS
1
TOTAL BATH
1,084
SQFT
6409 E Los Santos Drive
Long Beach, CA 90815
Los Altos/South of Fwy (Lsf) Subdivision
New Listing - 2 weeks online
$800,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,038
SQFT
7029 E El Cedral Street
Long Beach, CA 90815
Other (Othr) Subdivision
New Listing - 5 days online
$799,900
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,378
SQFT
6130 E Los Arcos Street
Long Beach, CA 90815
Los Altos/South of Fwy (Lsf) Subdivision
New Listing - 5 days online
$780,000
Single Family Home For Sale
Active
2
BEDS
1
TOTAL BATH
1,174
SQFT
2902 Nipomo Avenue
Long Beach, CA 90815
Plaza South of Spring (Pzs) Subdivision
New Listing - 3 days online
$699,000
Single Family Home For Sale
Active
2
BEDS
1
TOTAL BATH
931
SQFT
4031 E Grenora Way
Long Beach, CA 90815
Artcraft Manor (Am) Subdivision
New Listing - a week online
$660,000
Townhouse For Sale
Active
3
BEDS
3
TOTAL BATHS
1,865
SQFT
4920 E Atherton Street
Long Beach, CA 90815
The Fountains (Tf) Subdivision
New Listing - 3 weeks online
$650,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,726
SQFT
6252 Riviera Circle
Long Beach, CA 90815
Bixby Riviera (Bbr) Subdivision
New Listing - 5 days online
$629,900
Single Family Home For Sale
Active
2
BEDS
1
TOTAL BATH
938
SQFT
5175 E 28th Street
Long Beach, CA 90815
Stratford Square (Sqq) Subdivision
New Listing - 3 weeks online
$485,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
980
SQFT
5390 E Oleta Street #7
Long Beach, CA 90815
 
New Listing - 2 weeks online
$449,990
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,227
SQFT
1770 Ximeno Avenue #202
Long Beach, CA 90815
Circle (Ca) Subdivision
New Listing - 2 weeks online
$449,900
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,050
SQFT
1770 Ximeno Avenue #204
Long Beach, CA 90815
 
New Listing - 2 weeks online
$410,000
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
902
SQFT
1770 Ximeno Avenue #210
Long Beach, CA 90815
Circle (Ca) 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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