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

New Listing - a week online
$2,590,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,356
SQFT
5450 E El Jardin Street
Long Beach, CA 90815
Park Estates (PE) Subdivision
$2,149,999
Single Family Home For Sale
Active Under Contract
5
BED
4
TOTAL BATHS
4,134
SQFT
1171 Bryant Road
Long Beach, CA 90815
Park Estates (PE) Subdivision
$1,895,000
ResidentialIncome For Sale
Active
0.2556
ACRES
LOS ANGELES
COUNTY
5341 E El Parque Street
Long Beach, CA 90815
Park Estates (PE) Subdivision
$1,850,000
Single Family Home For Sale
Active Under Contract
5
BED
2
TOTAL BATHS
3,143
SQFT
1100 Ramillo Avenue
Long Beach, CA 90815
Park Estates (PE) Subdivision
$1,790,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,958
SQFT
5400 E Las Lomas Street
Long Beach, CA 90815
Park Estates (PE) Subdivision
$1,575,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,127
SQFT
5441 E Anaheim Road
Long Beach, CA 90815
Park Estates (PE) Subdivision
New Listing - 4 weeks online
$1,549,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,934
SQFT
721 Pepper Tree Lane
Long Beach, CA 90815
Bixby Hill (BBH) Subdivision
$1,399,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,220
SQFT
6471 E El Jardin Street
Long Beach, CA 90815
La Marina Estates (LME) Subdivision
New Listing - 3 weeks online
$1,399,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,045
SQFT
6415 E Shire Way
Long Beach, CA 90815
 
$1,398,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,320
SQFT
1450 Ramillo Avenue
Long Beach, CA 90815
Park Estates (PE) Subdivision
$1,295,000
Single Family Home For Sale
Active Under Contract
5
BED
4
TOTAL BATHS
2,787
SQFT
6431 E Shire Way
Long Beach, CA 90815
Bixby Hill (BBH) Subdivision
$1,100,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
3,058
SQFT
2481 Terraine
Long Beach, CA 90815
 
New Listing - yesterday
$1,095,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,054
SQFT
6510 E Driscoll Street
Long Beach, CA 90815
La Marina Estates (LME) Subdivision
$1,085,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,124
SQFT
5584 E Oleta Street
Long Beach, CA 90815
Park Estates (PE) Subdivision
$999,000
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
3,077
SQFT
6413 E Belen Street
Long Beach, CA 90815
 
New Listing - 2 weeks online
$995,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,100
SQFT
5970 E Fairbrook
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
New Listing - yesterday
$945,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,310
SQFT
2041 Chatwin Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
$939,000
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,657
SQFT
2115 Rutgers Avenue
Long Beach, CA 90815
X-100s (X1) Subdivision
New Listing - 3 weeks online
$929,900
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
1,928
SQFT
2320 Fanwood Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
New Listing - 4 weeks online
$899,900
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
1,824
SQFT
5872 E Rogene Street
Long Beach, CA 90815
Los Altos/North of Fwy (LNF) 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

Leave a Reply

Your email address will not be published. Required fields are marked *