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| 90815 Housing Market |
The housing market in the 90815 area of Long Beach remains very competitive. This zip code includes the higher end pricing of Bixby Hill and Park Estates, and the softer prices in Stratford Square. The median sold price for homes reached $1,210,000, while the average sold price was approximately $1,234,000. Homes are also selling quickly, with a median of just 7 days on the market.
Limited inventory continues to support strong home values, with about 1.08 months of supply, which still favors sellers. Over the past three months, more than 50 single family homes sold as listed on the MLS and public records, representing more than $61 million in total sales volume. For the 44 homes sold via the MLS, the mid-point price was $1,159,000, with the lowest 14 homes selling between $685,000 and $975,000.
For homeowners, this means property values in the area remain stable with steady appreciation. For buyers, preparation and strong offers are key in this fast-moving market.
If you're curious about your home's current value or are considering buying or selling in the area, feel free to reach out.
Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996
