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

$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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