November 2015 Update for the Wrigley Real Estate Market
After two months of declines, the median home price in Wrigley increased last month to $455,000, which is 13.5% above its October 2014 level.
The number of closed sales was down from last year, however, to just 11 sales – a 15.4% decline when compared to October 2014.
One reason for the lower number of sales may be that inventory is also relatively low. There is currently a 2.3 month supply of homes for sale in Wrigley, representing an 11.5% decrease from October 2014.
Wondering how Wrigley compares to Long Beach overall? Click here for an update on the Long Beach real estate market.
If you’re thinking of selling a home in Wrigley, this could be a good time to do it. There are many buyers looking, hoping to take advantage of interest rates before they increase, and there are few homes to choose from. With the recent spike in prices, there’s an opportunity to push the envelope on your selling price. If you’re interested in finding out what your home is worth, please fill out the form at the bottom and we’d be happy to provide you with a custom price evaluation far more accurate than what you’d find on Zillow or another automated site.
