Wrigley Real Estate Update – June 2015

Wrigley real estate

The Wrigley real estate market in Long Beach continues to be hot, with low inventory and high demand. The average sales price for homes sold in 90806 in May 2015 was $403,900, up from the previous month but slightly lower than in March 2015, when the average was $416,636.

The average price per square foot for homes sold in May 2015 was $330, up from the previous month as well as above the average last May.

Homes are selling quickly in the area, with the median time on market last month 26 days.

Ten homes closed escrow in 90806 in May 2015, which is consistent with sales volume for the past several months.

One factor limiting the sales volume is the number of homes that are actually on the market in Wrigley. 13 homes were listed last month, and there were 23 single family homes for sale in 90806 in May 2015, far below the 49 on the market a year ago.

The current inventory of homes for sale in 90806 represents a 1.8 month supply, compared to a 3.8 month supply in May 2014 and well below the peak in 2011 when there was a more than 7 month supply of homes for sale.

As a result of the low inventory and continued high demand, we are experiencing a “seller’s market” in the Wrigley area and homes are frequently selling at list price or very close to it, and in some cases above the list price. As of last month, the average list price to sales price ratio in the area was 98.8%.

Homes for Sale in Wrigley

New Listing - 24 hours online
$550,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,126
SQFT
730 W 19th Street
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 3 days online
$699,996
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,006
SQFT
2190 Eucalyptus Avenue
Long Beach, CA 90806
 
New Listing - 3 days online
$647,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,245
SQFT
1885 San Francisco Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 5 days online
$419,000
Townhouse For Sale
Active
2
BED
3
TOTAL BATHS
1,020
SQFT
111 W Spring Street #E
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - a week online
$719,000
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
1,619
SQFT
2459 Eucalyptus Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 2 weeks online
$709,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,899
SQFT
2166 Maine Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
Short Sale
$529,999
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,594
SQFT
737 W Hill Street
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 2 weeks online
$450,000
Townhouse For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,271
SQFT
101 W Spring Street #E
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 3 weeks online
$694,900
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,549
SQFT
3289 Chestnut Avenue
Long Beach, CA 90806
Other (OTHR) Subdivision
New Listing - 3 weeks online
$820,000
ResidentialIncome For Sale
Active
0.13
ACRES
LOS ANGELES
COUNTY
2276 Earl Avenue
Long Beach, CA 90806
 
New Listing - 4 weeks online
$600,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
881
SQFT
2685 San Francisco Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
New Listing - 4 weeks online
$680,000
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,660
SQFT
2106 Daisy Avenue
Long Beach, CA 90806
 
$1,225,000
ResidentialIncome For Sale
Active
0.1434
ACRES
LOS ANGELES
COUNTY
2115 Locust Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$615,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,314
SQFT
2518 Earl Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$612,777
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
1,302
SQFT
2534 Magnolia Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$1,100,000
ResidentialIncome For Sale
Active
0.1377
ACRES
LOS ANGELES
COUNTY
2684 Daisy Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$575,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,278
SQFT
2340 Locust Avenue
Long Beach, CA 90806
Poly High (PH) Subdivision
$2,175,000
ResidentialIncome For Sale
Active Under Contract
0.1703
ACRES
LOS ANGELES
COUNTY
2190 Locust Avenue
Long Beach, CA 90806
Wrigley Area (WR) Subdivision
$1,999,000
ResidentialIncome For Sale
Active
0.172
ACRES
LOS ANGELES
COUNTY
2009 Pine Avenue
Long Beach, CA 90806
 
$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
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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