90815 Real Estate Market Update

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90815 Real Estate Market Update
October 2015

Including the neighborhoods of Los Altos, Bixby Hill, Park Estates, La Marina Estates, College Park Estates, El Dorado South, the Plaza, Stratford Square, Artcraft Manor, and
Circle Area.

 

After a sharp drop in the middle of summer, the number of closed sales of single family homes in the 90815 area started to rise again, only to drop slightly again in September 2015. There were 32 closed sales this September, compared to the 33 in August. This number, however, is still 28% higher than this time last year.

 

The  inventory of single family homes for sale in 90815 has been climbing since April of this year, and has leveled off in September to a 2.4 month supply

 

The median sales price has been a bit sporadic this year. Prices dropped from $610,000 in August to $585,000 in September. This price, however, is still 1.7% higher than September of last year.

 

The median number of days on market decreased to 37 days this September, after a peak that occurred in August. This, however, is still one week longer than the median number of days in September 2014.

 

90815 Condos

After a decline over the summer months, the number of closed sales on condos in the 90815 area increased dramatically, with 9 closed sales this September. Though this is not the highest point of 2015, it is a whopping 200% higher than this time last year.

 

The median sales price also increased in September, rising to $315,000. This price is about average as far as 2015 price points go, and is 10.5% higher than September of last year.

 

Most likely due to the high number of sales, the inventory decreased for the second month in a row, and more sharply this month. There is currently a 1.7 months supply, which is the lowest inventory in the past 18 months.

 

Condo owners: this market is for you!

If you are thinking of selling your 90815 condo, the market trends are currently in your favor. Inventory is very low and prices are high! And if you’re not a condo owner, or looking to buy in the area, don’t stress! We have a strategic system to ensure you get only the best for your money. Call us today with any questions, we’re happy to help! 562.896.2456

 

How does the 90815 market compare to Long Beach as a whole? Click here to find out.

 

Homes for Sale in 90815

New Listing - 2 weeks online
$1,850,000
Single Family Home For Sale
Active Under Contract
5
BED
3
TOTAL BATHS
2,973
SQFT
5511 E El Parque Street
Long Beach, CA 90815
Park Estates (PE) Subdivision
Price Change - 2 weeks ago
$1,825,000
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
New Listing - 3 weeks online
$1,485,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,612
SQFT
6370 E Bixby Hill Road
Long Beach, CA 90815
Bixby Hill (BBH) Subdivision
$1,450,000
Single Family Home For Sale
Active Under Contract
5
BED
3
TOTAL BATHS
3,347
SQFT
6461 E Surrey Drive
Long Beach, CA 90815
Bixby Hill (BBH) Subdivision
$1,350,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,412
SQFT
920 N Holly Glen Drive
Long Beach, CA 90815
 
New Listing - 3 weeks online
$1,250,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
2,955
SQFT
2324 Tevis Avenue
Long Beach, CA 90815
Los Altos/North of Fwy (LNF) Subdivision
Price Change - 3 weeks ago
$1,098,000
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
New Listing - 5 days online
$995,000
Single Family Home For Sale
Active
5
BED
3
TOTAL BATHS
2,150
SQFT
5371 E 29th Street
Long Beach, CA 90815
Other (OTHR) Subdivision
$899,900
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,833
SQFT
2275 Senasac Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
New Listing - yesterday
$869,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,695
SQFT
6521 E El Roble Street
Long Beach, CA 90815
La Marina Estates (LME) Subdivision
Price Change - 5 days ago
$865,000
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
2,019
SQFT
2840 N Greenbrier Road
Long Beach, CA 90815
Stratford Square (SQQ) Subdivision
New Listing - 3 days online
$864,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,696
SQFT
2612 Ostrom Avenue
Long Beach, CA 90815
Plaza South of Spring (PZS) Subdivision
$855,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
1,604
SQFT
2430 Nipomo Avenue
Long Beach, CA 90815
Eldorado (ELD) Subdivision
$848,000
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
1,500
SQFT
2819 Ostrom Avenue
Long Beach, CA 90815
Plaza South of Spring (PZS) Subdivision
$799,900
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,224
SQFT
2531 Ladoga Avenue
Long Beach, CA 90815
Los Altos/North of Fwy (LNF) Subdivision
$799,000
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
1,893
SQFT
5709 E Belen Street
Long Beach, CA 90815
X-100s (X1) Subdivision
$795,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,754
SQFT
6860 E 11th Street
Long Beach, CA 90815
College Park Estates (CPS) Subdivision
$789,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,870
SQFT
2282 Termino Avenue
Long Beach, CA 90815
Artcraft Manor (AM) Subdivision
$780,000
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
1,895
SQFT
5610 E Rolanda Street
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
New Listing - 4 weeks online
$778,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,660
SQFT
6475 E Bayard Street
Long Beach, CA 90815
X-100s (X1) Subdivision

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