Wrigley Real Estate Update – December 2015

shannonjones Long Beach Real Estate , Real Estate , Real Estate Market Update , Wrigley Leave a Comment

What’s Going On With Home Prices in Wrigley?

Wrigley real estate is very hot right now! The median home price in Wrigley increased to $468,500 last month – its highest level in years and 10.9% higher than in November 2014.

As of November 2015, the median price per square foot was $322 (up 4.9% from November 2014) and the median days to sell a home was 43, up slightly from the previous month but still lower than last November.

Closed sales in November were down by 30% from the previous year, which may be in part because of low inventory in the area. The 2.2 month supply of inventory as of last month is above the same time last year, but still below its level most of the year and below the level considered necessary for a “balanced” real estate market.

Seller’s Market

Anytime inventory is as low as it is right now, we experience what’s called a “seller’s market,” meaning that sellers have the upper hand when negotiating because supply is so far below current demand. Although spring and summer are traditionally considered by many to be the best time of year to sell a home, this winter is shaping up to be an excellent opportunity for sellers. If you’d like to find out what your home is worth in today’s market, fill out the form below and we’d be happy to provide you with a custom market evaluation.

Homes for Sale in Wrigley

New Listing - 12 hours online
$2,049,000
Multi-Family For Sale
Active
0.172
ACRES
LOS ANGELES
COUNTY
2009 Pine Avenue
Long Beach, CA 90806
 
New Listing - yesterday
$950,000
Multi-Family For Sale
Active
0.1581
ACRES
LOS ANGELES
COUNTY
2025 Magnolia Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 5 days online
$585,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
818
SQFT
609 W 31st Street
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
Open House 03/14 at 1PM
$675,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
1,570
SQFT
3218 San Francisco Avenue
Long Beach, CA 90806
Bixby Knolls (BK) Subdivision
Open House 03/14 at 12PM
$699,900
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,612
SQFT
2701 Maine Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 3 weeks online
$685,000
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
1,778
SQFT
3222 De Forest Avenue
Long Beach, CA 90806
Wrigley Heights (WH) Subdivision
New Listing - 4 weeks online
$449,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
741
SQFT
1862 Golden Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$489,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
1,132
SQFT
2910 Daisy Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$595,000
Multi-Family For Sale
Active Under Contract
0.074
ACRES
LOS ANGELES
COUNTY
2301 Earl Avenue
Long Beach, CA 90806
 
$875,000
Multi-Family For Sale
Active
0.1667
ACRES
LOS ANGELES
COUNTY
2369 Pacific Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
Price Change - 4 weeks ago
$630,000
Single Family Home For Sale
Active Under Contract
3
BED
1
TOTAL BATHS
1,120
SQFT
2953 San Francisco Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$669,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,980
SQFT
2478 Earl Avenue
Long Beach, CA 90806
 
$424,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
744
SQFT
211 E Eagle Street
Long Beach, CA 90806
Poly High (PH) Subdivision
$679,000
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,435
SQFT
3154 San Francisco Avenue
Long Beach, CA 90806
Wrigley Heights (WH) Subdivision
$4,825,000
Multi-Family For Sale
Active
0.3099
ACRES
LOS ANGELES
COUNTY
1845 Pine Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$3,900,000
Multi-Family For Sale
Active
0.3094
ACRES
LOS ANGELES
COUNTY
1850 Pine Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$1,100,000
Multi-Family For Sale
Active
0.0632
ACRES
LOS ANGELES
COUNTY
416 W Burnett Street
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$819,900
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
2,393
SQFT
2905 Magnolia Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$585,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
986
SQFT
2886 Daisy Avenue
Long Beach, CA 90806
 
$1,250,000
Multi-Family For Sale
Active Under Contract
0.1442
ACRES
LOS ANGELES
COUNTY
2100 Earl Avenue
Long Beach, CA 90806
Other (OTHR) Subdivision

What’s the Value of My Long Beach Home?

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