Wrigley Real Estate Market Update

Wrigley Real Estate Market Update
October 2015

 

After an increase at the end of summer, the number of closed sales of single family homes in the Wrigley area has leveled off in September 2015, with 11 closed sales. August and September saw the highest number of closed sales for 2015 so far.

 

Since mid-summer, inventory levels for single family homes have been rising, and September followed the trend. There is currently a 2.6 months supply of inventory, which is 13% higher than this time last year.

 

After reaching a record high in July at $485,000, the median sales price for single family homes in Wrigley dropped for the second month in a row. The median sales price is currently at $420,000.

 

The median number of days on market rose slightly in September, to 42 days. This is 27.3% higher than this time last year.

 

A great time for buyers!

The current market trends show that now is a great time to buy in the Wrigley area. Inventory is high and prices are low. If you are thinking of making a move to the Wrigley area, give us a call today at 562.896.2456.

 

How does the Wrigley market compare to Long Beach as a whole? Find out now!

 

Homes for Sale in Wrigley

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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