90815 Real Estate Market Update

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
$3,895,000
Single Family Home For Sale
Active
4
BEDS
7
TOTAL BATHS
5,180
SQFT
1460 El Mirador Avenue
Long Beach, CA 90815
Park Estates (Pe) Subdivision
New Listing - 3 weeks online
$3,600,000
Single Family Home For Sale
Active
5
BEDS
5
TOTAL BATHS
5,104
SQFT
1492 Bryant Drive
Long Beach, CA 90815
 
New Listing - 4 weeks online
$2,499,000
Single Family Home For Sale
Pending
4
BEDS
5
TOTAL BATHS
3,511
SQFT
5480 E Anaheim Road
Long Beach, CA 90815
 
$2,250,000
Multi-Family For Sale
Active
0.15
ACRES
LOS ANGELES
COUNTY
4117 E Mendez Street #2
Long Beach, CA 90815
Circle (Ca) Subdivision
New Listing - 3 weeks online
$2,095,000
Single Family Home For Sale
Pending
4
BEDS
4
TOTAL BATHS
3,732
SQFT
875 Palo Verde Avenue
Long Beach, CA 90815
Bixby Hill (Bbh) Subdivision
$2,000,000
Multi-Family For Sale
Pending
0.15
ACRES
LOS ANGELES
COUNTY
2256 San Anseline Avenue
Long Beach, CA 90815
 
New Listing - 3 days online
$1,985,000
Single Family Home For Sale
Active
3
BEDS
4
TOTAL BATHS
3,874
SQFT
5500 E El Jardin Street
Long Beach, CA 90815
Park Estates (Pe) Subdivision
New Listing - 3 weeks online
$1,900,000
Single Family Home For Sale
Pending
5
BEDS
4
TOTAL BATHS
3,420
SQFT
5501 E Oleta Street
Long Beach, CA 90815
Park Estates (Pe) Subdivision
New Listing - 3 weeks online
$1,799,000
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,773
SQFT
5615 E Anaheim Road
Long Beach, CA 90815
 
New Listing - 2 weeks online
$1,795,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
4,596
SQFT
865 Palo Verde Avenue
Long Beach, CA 90815
 
New Listing - 4 weeks online
$1,600,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,126
SQFT
5459 Oleta Turn
Long Beach, CA 90815
Park Estates (Pe) Subdivision
New Listing - 3 weeks online
$1,399,999
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
1,507
SQFT
5137 E Vista Hermosa Street
Long Beach, CA 90815
Park Estates (Pe) Subdivision
New Listing - 4 days online
$1,399,000
Multi-Family For Sale
Active
3,370
SQFT
2185 San Anseline Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (Lsf) Subdivision
New Listing - 3 weeks online
$1,390,000
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
1,980
SQFT
1651 N Greenbrier Road
Long Beach, CA 90815
 
Open House Sun, Aug 1, 9 PM UTC
Please verify times due to COVID-19
$1,390,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,561
SQFT
5117 E El Roble Street
Long Beach, CA 90815
 
Open House Sun, Aug 1, 8 PM UTC
Please verify times due to COVID-19
$1,350,000
Single Family Home For Sale
Active
5
BEDS
3
TOTAL BATHS
2,954
SQFT
6711 E Los Arcos Street
Long Beach, CA 90815
 
New Listing - 3 weeks online
$1,299,000
Single Family Home For Sale
Active
4
BEDS
3
TOTAL BATHS
2,340
SQFT
2121 Fanwood Avenue
Long Beach, CA 90815
 
New Listing - 2 weeks online
$1,275,000
Single Family Home For Sale
Active
4
BEDS
2
TOTAL BATHS
2,105
SQFT
2280 Gondar Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (Lsf) Subdivision
New Listing - 2 weeks online
$1,250,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,710
SQFT
6237 Riviera Circle
Long Beach, CA 90815
Bixby Riviera (Bbr) Subdivision
New Listing - 3 weeks online
$1,249,000
Single Family Home For Sale
Pending
4
BEDS
3
TOTAL BATHS
2,566
SQFT
2107 Lomina Avenue
Long Beach, CA 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 bachelor's degree from UC Irvine and a master's 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)

Leave a Reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.