90815 Market Update

90815 Market Update: October 2016

shannonjones Long Beach Real Estate , Los Altos Real Estate , Real Estate , Real Estate Market Update Leave a Comment

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

$2,000,000
Multi-Family For Sale
Active
0.1508
ACRES
LOS ANGELES
COUNTY
2256 San Anseline Avenue
Long Beach, CA 90815
 
$1,899,000
Single Family Home For Sale
Active
3
BED
4
TOTAL BATHS
2,938
SQFT
1430 La Perla Avenue
Long Beach, CA 90815
Park Estates (PE) Subdivision
$1,590,000
Multi-Family For Sale
Active Under Contract
0.1512
ACRES
LOS ANGELES
COUNTY
2142 San Anseline Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
New Listing - 6 days online
$1,500,000
Multi-Family For Sale
Active
0.2008
ACRES
LOS ANGELES
COUNTY
1760 Park Avenue
Long Beach, CA 90815
Other (OTHR) Subdivision
Open House 08/17 at 1PM
$1,495,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,203
SQFT
6450 E Surrey Drive
Long Beach, CA 90815
Bixby Hill (BBH) Subdivision
Open House 08/17 at 12PM
$1,485,000
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
3,347
SQFT
6461 E Surrey Drive
Long Beach, CA 90815
Bixby Hill (BBH) Subdivision
New Listing - 4 weeks online
$1,450,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,096
SQFT
6310 E Vera Crest Drive
Long Beach, CA 90815
Bixby Hill (BBH) Subdivision
Open House 08/18 at 1PM
$1,399,950
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,412
SQFT
920 N Holly Glen Drive
Long Beach, CA 90815
 
$1,375,000
Single Family Home For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
3,406
SQFT
6310 E Bixby Hill Road
Long Beach, CA 90815
Bixby Hill (BBH) Subdivision
New Listing - 3 weeks online
$1,295,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,465
SQFT
6101 E Los Santos Drive
Long Beach, CA 90815
X-100s (X1) Subdivision
New Listing - 2 weeks online
$1,200,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
2,155
SQFT
5487 E Oleta Street
Long Beach, CA 90815
Park Estates (PE) Subdivision
$1,179,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,295
SQFT
1841 Lave Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
$920,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,058
SQFT
2481 Terraine Avenue
Long Beach, CA 90815
Other (OTHR) Subdivision
Open House 08/17 at 1PM
$889,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,764
SQFT
2421 Ocana Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
New Listing - 6 days online
$875,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,476
SQFT
2137 Lomina Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
New Listing - 6 days online
$865,000
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
2,083
SQFT
1950 Iroquois Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
$850,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,144
SQFT
4090 E Patero Way
Long Beach, CA 90815
Artcraft Manor (AM) Subdivision
New Listing - 3 weeks online
$849,900
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,030
SQFT
1817 Stearnlee Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
$849,900
Single Family Home For Sale
Active
6
BED
3
TOTAL BATHS
2,825
SQFT
2090 Tevis Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
New Listing - 4 weeks online
$839,900
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,748
SQFT
2641 Ostrom Avenue
Long Beach, CA 90815
Plaza South of Spring (PZS) Subdivision

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