Real Estate Market Update for 90815 (Long Beach, CA)

Video: Real Estate Community Tour for 90815 (Long Beach, CA)

See Real estate community tour for 90815 (Long Beach, CA)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 10% from one year earlier, and down 2% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was 690-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 24%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 630-thousand dollars. The number of units sold decreased 18% year-over-year, and increased 39% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 90815 (Long Beach, CA)
Area Information for 90815 (Long Beach, CA)
  • Population: 40,319
  • Median Age: 37.56 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 5,661/sq mi
  • Population Change Since 2000: 4.95%
  • Closest Airport: Long Beach /daugherty Field/
  • Closest College: California State University-long Beach
  • Closest Jr. College: Long Beach City College
  • Median Household Income: $82,627
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $569,000
  • Closest Major Sports Team: Chivas Usa
  • Change Avg. Household Income Since 2000: 38.73%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 90815 (Long Beach, CA)
Median Age: 37.56 Married: 37% Number of Households: 15,067 Households with Children: 4,063
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 90815 (Long Beach, CA)

      School Name Distance Type Grades School Rating Parent Rating
      Gant Elementary School 0.3 mi Public K-5 5 0
      Stanford Middle School 0.3 mi Public 6-8 4 3
      Prisk Elementary School 0.4 mi Public K-5 4 0
      Montessori Children's House School 0.5 mi Private PRESCHOOL-5 0 0
      Bixby Elementary School 0.7 mi Public K-5 3 0
      St. Joseph Elementary School 0.7 mi Catholic K-8 0 0
      Our Lady Of Refuge 0.8 mi Catholic K-8 0 0
      Los Altos Brethren School 0.8 mi Private PRESCHOOL-6 0 0
      Bethany Baptist Elementary School 0.9 mi Private PRESCHOOL-8 0 0
      Millikan High School 1.0 mi Public 9-12 3 4
      Emerson Parkside Academy 1.0 mi Public K-5 4 0
      Tincher Preparatory School 1.1 mi Public K-8 4 0
      Eunice Sato Academy Of Math & Science 1.2 mi Public 9-12 0 0
      Marina Montessori School 1.3 mi Private PRESCHOOL-K 0 0
      Long Beach Unified School District Rop 1.9 mi Public 10-12 0 0
      Beach High-intensive Learning Program 1.9 mi Public UNGRADE-UNGRADE 0 0
      Long Beach School For Adults 1.9 mi Public UNGRADE-UNGRADE 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 90815 (Long Beach, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.