Wrigley Mid-Year Real Estate Update

After a dip in May, the median home price in Wrigley climbed in June 2015 to $437,500, its highest level so far this year. Wrigley home price appreciation has lagged behind the overall trend in Long Beach, however.

The inventory of homes for sale in Wrigley has been in decline each month this year and continued that trend last month, dipping to a 1.6 month supply of homes for sale. In comparison, Long Beach overall has a 2.6 month supply of homes for sale.

The low inventory contributed to speedy sales in June 2015, with Wrigley’s closed home sales averaging just 22 days on market, far below the 65 days on market average in January. The average days on market for homes sold in Long Beach in June was 65.

Closed sales in Wrigley reached their highest point this year in June with 16 closed sales. That volume, however,  was below the spike in sales that occurred between July and October of 2014.

As of July 8, 2015, there were 14 homes on the market in Wrigley, ranging in price from $299,900 to $575,000. Additionally, there were 17 homes in “pending” status, in escrow, and an additional 10 homes in “backup” status, meaning they are under contract but the homeowners would consider backup offers.

Homes that are priced well and in great condition are in high demand in Wrigley right now as more first-time buyers are entering the market, propelled in part by the fear of interest rates inching up. With the low inventory and high demand, this is a good time to list and sell a home in the Wrigley neighborhood. If you’re wondering what these statistics mean for the price of your Wrigley home, you can obtain a fast, automated report on your home’s value at PriceMyLongBeachHome.com. Or call The Shannon Jones Team at 562.896.2456 and we’d be happy to prepare a more detailed, personalized valuation report for you.

Wrigley Homes For Sale

New Listing - 4 days online
$3,300,000
Multi-Family For Sale
Active
8,536
SQFT
1825 Chestnut Avenue
Long Beach, CA 90806
Wrigley Area (Wr) Subdivision
New Listing - a week online
$820,000
Single Family Home For Sale
Active
3
BEDS
1
TOTAL BATH
1,068
SQFT
3516 Maine Avenue
Long Beach, CA 90806
 
New Listing - a week online
$1,275,000
Multi-Family For Sale
Active
2,355
SQFT
416 W Burnett Street #1-4
Long Beach, CA 90806
Wrigley Area (Wr) Subdivision
New Listing - a week online
$1,550,000
Multi-Family For Sale
Active
4,920
SQFT
2243 Pacific Avenue
Long Beach, CA 90806
Wrigley Area (Wr) Subdivision
New Listing - 2 weeks online
$649,000
Single Family Home For Sale
Pending
2
BEDS
1
TOTAL BATH
1,150
SQFT
2750 San Francisco Avenue
Long Beach, CA 90806
Wrigley Area (Wr) Subdivision
New Listing - 2 weeks online
$719,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,070
SQFT
2571 Oregon Avenue
Long Beach, CA 90806
Other (Othr) Subdivision
New Listing - 2 weeks online
$725,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,489
SQFT
3038 Daisy Avenue
Long Beach, CA 90806
 
New Listing - 2 weeks online
$799,950
Multi-Family For Sale
Active
2,450
SQFT
2223 25-27 Locust Avenue
Long Beach, CA 90806
Other (Othr) Subdivision
New Listing - 3 weeks online
$875,000
Single Family Home For Sale
Active
4
BEDS
2
TOTAL BATHS
1,850
SQFT
3803 Magnolia Avenue
Long Beach, CA 90806
Wrigley Heights (Wh) Subdivision
New Listing - 3 weeks online
$467,000
Single Family Home For Sale
Pending
2
BEDS
1
TOTAL BATH
875
SQFT
120 E 23rd Street
Long Beach, CA 90806
Wrigley Area (Wr) Subdivision
New Listing - 4 weeks online
$873,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,495
SQFT
3180 Golden Avenue
Long Beach, CA 90806
Wrigley Area (Wr) Subdivision
New Listing - 4 weeks online
$980,000
Multi-Family For Sale
Active
4
BEDS
2
TOTAL BATHS
2,110
SQFT
1940 Magnolia Avenue
Long Beach, CA 90806
Poly High (Ph) Subdivision
$899,500
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,814
SQFT
2970 Daisy Avenue
Long Beach, CA 90806
 
$812,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,378
SQFT
3529 Eucalyptus Avenue
Long Beach, CA 90806
Wrigley Heights (Wh) Subdivision
Price Change - 5 days ago
$799,900
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,858
SQFT
2531 Maine Avenue
Long Beach, CA 90806
 
$813,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,383
SQFT
3248 Oregon Avenue
Long Beach, CA 90806
 
$975,000
Multi-Family For Sale
Pending
2,674
SQFT
341 W 21st Street
Long Beach, CA 90806
 
$668,000
Single Family Home For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,346
SQFT
2885 Pacific Avenue
Long Beach, CA 90806
Wrigley Area (Wr) Subdivision
Price Change - 7 days ago
$725,000
Multi-Family For Sale
Active
1,970
SQFT
2363 Pacific Avenue
Long Beach, CA 90806
Wrigley Area (Wr) Subdivision

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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

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