90815 Real Estate Market Update

Mid-Year 2015 Real Estate Market Review for 90815

The 90815 area of Long Beach CA is a very popular area due to its proximity to Cal State Long Beach, award-winning schools, transportation and shopping along with the consistent character of neighborhoods that include Los Altos, La Marina Estates, and Park Estates. Yet despite the consistency of the neighborhoods, home sales prices in 90815 have been somewhat volatile this year. The last couple months of price increases brought the average 90815 home price in June 2015 to about $3,000 higher than June of last year.

Meanwhile, closed sales for single family homes in 90815 have skyrocketed over the past few months. In June there were 48 closed sales – the highest number ever in the past three years. This is 300% higher than February of this year.

Despite the high number of closed sales, the available supply of homes has picked up a bit in 90815 in the past couple months, though at a 2.1 month supply of inventory, it is still a bit below the Long Beach inventory of 2.4 month supply of homes for sale.

For those of you looking to sell your home in 90815, there’s good news for you too. The average percent of original list price to sales price is at 98.5% – up from 97.9% in May and 95.3% in January.

Wondering what your home is worth?

90815 Homes for Sale

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 bachelors degree from UC Irvine and a masters 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) MY SERVICE AREAS Anaheim Bellflower Buena Park Carson Cerritos Cypress Downey Fountain Valley Garden Grove Huntington Beach La Palma Lakewood Long Beach Los Alamitos Los Angeles County Norwalk Orange County Rossmoor San Pedro Seal Beach Signal Hill South Bay Westminster

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.