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

$9,850,000
Multi-Family For Sale
Active
0.3836
ACRES
LOS ANGELES
COUNTY
5401 E Anaheim Road
Long Beach, CA 90815
Park Estates (PE) Subdivision
$2,475,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,134
SQFT
1171 Bryant Road
Long Beach, CA 90815
Park Estates (PE) Subdivision
Open House 03/14 at 1PM
$1,950,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,143
SQFT
1100 Ramillo Avenue
Long Beach, CA 90815
Park Estates (PE) Subdivision
New Listing - 3 weeks online
$1,849,000
Single Family Home For Sale
Active Under Contract
4
BED
5
TOTAL BATHS
4,334
SQFT
6488 E Surrey Drive
Long Beach, CA 90815
Bixby Hill (BBH) Subdivision
$1,815,000
Multi-Family For Sale
Active
LOS ANGELES
COUNTY
2256 San Anseline Avenue
Long Beach, CA 90815
 
New Listing - 4 weeks online
$1,650,000
Single Family Home For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
3,130
SQFT
5381 E El Prado Avenue
Long Beach, CA 90815
Park Estates (PE) Subdivision
$1,549,000
Single Family Home For Sale
Active Under Contract
2
BED
3
TOTAL BATHS
3,222
SQFT
5211 E El Cedral Street
Long Beach, CA 90815
Park Estates (PE) Subdivision
$1,225,000
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
2,934
SQFT
721 Pepper Tree Lane
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
 
Open House 03/14 at 1PM
$999,999
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,164
SQFT
2248 Radnor Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
$995,000
Single Family Home For Sale
Active Under Contract
5
BED
3
TOTAL BATHS
2,150
SQFT
5371 E 29th Street
Long Beach, CA 90815
Other (OTHR) Subdivision
$949,900
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,310
SQFT
2420 San Anseline Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
$939,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
2,086
SQFT
6110 E Oakbrook Street
Long Beach, CA 90815
Los Altos/North of Fwy (LNF) Subdivision
New Listing - 10 hours online
$899,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,496
SQFT
6407 E Marita Street
Long Beach, CA 90815
X-100s (X1) Subdivision
Open House 03/13 at 1PM
$895,000
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
1,584
SQFT
2070 Mcnab Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
$879,900
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
1,626
SQFT
6831 E Septimo Street
Long Beach, CA 90815
College Park Estates (CPS) Subdivision
Open House 03/15 at 1PM
$870,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,891
SQFT
866 Lees Avenue
Long Beach, CA 90815
College Park Estates (CPS) Subdivision
New Listing - 2 weeks online
$860,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,425
SQFT
2100 Albury Avenue
Long Beach, CA 90815
Los Altos/South of Fwy (LSF) Subdivision
Open House 03/14 at 10AM
$835,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,732
SQFT
2941 N Studebaker Road
Long Beach, CA 90815
Other (OTHR) Subdivision
New Listing - 6 days online
$815,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,150
SQFT
2536 Ostrom Avenue
Long Beach, CA 90815
Plaza South of Spring (PZS) Subdivision

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