90815 Real Estate Market Update

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

$1,800,000
For Sale
4
Beds
3
Baths
3,292
Sq Ft
702 N Lariat Circle
Long Beach, CA 90815
Single Family Home - Active
$1,699,000
For Sale
5
Beds
3
Baths
3,318
Sq Ft
1131 Ramillo Avenue
Long Beach, CA 90815
Single Family Home - Active
$1,650,000
For Sale
4
Beds
3
Baths
2,786
Sq Ft
5281 E El Roble Street
Long Beach, CA 90815
Single Family Home - Active
$1,350,000
For Sale
4
Beds
3
Baths
3,458
Sq Ft
6321 E Bixby Hill Road
Long Beach, CA 90815
Single Family Home - Active
$1,295,000
For Sale
3
Beds
1
Baths
2,805
Sq Ft
6380 E Bixby Hill Road
Long Beach, CA 90815
Single Family Home - Active
$1,295,000
For Sale
5
Beds
5
Baths
3,777
Sq Ft
6455 Bixby Terrace Drive
Long Beach, CA 90815
Single Family Home - Active
$1,250,000
For Sale
3
Beds
1
Baths
2,331
Sq Ft
6466 E Bixby Hill Road
Long Beach, CA 90815
Single Family Home - Active
New Listing - 3 weeks online
$1,200,000
For Sale
3
Beds
3
Baths
2,286
Sq Ft
5436 E Oleta Street
Long Beach, CA 90815
Single Family Home - Active
New Listing - 3 weeks online
$1,175,000
For Sale
5
Beds
4
Baths
3,115
Sq Ft
2059 Albury Avenue
Long Beach, CA 90815
Single Family Home - Active
$1,155,000
For Sale
5
Beds
3
Baths
3,416
Sq Ft
805 N Rancho Drive
Long Beach, CA 90815
Single Family Home - Active
New Listing - 4 days online
$989,000
For Sale
3
Beds
2
Baths
2,844
Sq Ft
5416 E Oleta Street
Long Beach, CA 90815
Single Family Home - Active
New Listing - 6 days online
$855,000
For Sale
5
Beds
3
Baths
2,869
Sq Ft
5470 E 27th Street
Long Beach, CA 90815
Single Family Home - Active
New Listing - 2 weeks online
$819,999
For Sale
4
Beds
2
Baths
1,931
Sq Ft
2012 Shipway Avenue
Long Beach, CA 90815
Single Family Home - Active
New Listing - 4 days online
$810,000
For Sale
3
Beds
2
Baths
1,588
Sq Ft
2447 Petaluma Avenue
Long Beach, CA 90815
Single Family Home - Active
$799,900
For Sale
4
Beds
3
Baths
2,408
Sq Ft
5561 E Rolanda Street
Long Beach, CA 90815
Single Family Home - Active Under Contract
New Listing - 4 weeks online
$799,900
For Sale
3
Beds
2
Baths
1,604
Sq Ft
2042 N Greenbrier Road
Long Beach, CA 90815
Single Family Home - Active
New Listing - 4 days online
$799,000
For Sale
3
Beds
1
Baths
2,066
Sq Ft
2631 Marber Avenue
Long Beach, CA 90815
Single Family Home - Active
New Listing - 2 weeks online
$789,900
For Sale
3
Beds
2
Baths
1,758
Sq Ft
2265 Mcnab Avenue
Long Beach, CA 90815
Single Family Home - Active
New Listing - 2 weeks online
$785,000
For Sale
3
Beds
2
Baths
1,604
Sq Ft
6737 E Stearns Street
Long Beach, CA 90815
Single Family Home - Active
New Listing - 2 days online
$784,900
For Sale
3
Beds
2
Baths
1,630
Sq Ft
2827 Foreman Avenue
Long Beach, CA 90815
Single Family Home - Active

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