Month: September 2014

3rd Quarter Market Update.

So what has been happening in Alamitos Heights?

I tried a new service from to make this great little video below. I did not want to use my voice for the voice over, but next time I will. After a few rounds of revisions, the voice over guy just could not get the correct pronunciation of “Alamitos”. I guess when you grow up in Southern California, you are used to the latin pronunciation of words and you don’t have to think about them.

Now for the update.

We seem to be in a state of  transition, we are not seeing the rapid price appreciation of years past. We hare heading to a more normal market. Values seem to be hitting a plateau.

all sales since 2001

  ( click on picture for larger image)

 If we look at the List price versus Sold price graph below, we can see that the majority of homes are selling below list price, with a few exceptions. One being 528 Havana Avenue, this solf for $200,000 over asking price!  I think it had to do with the fact that this home sits on large lot. The other large lot sale was 680 Havana Avenue. This home could have sold for more, but it is located one house south of 7th Street.

sold v list

 ( click on picture for larger image)

This next chart shows us Sales by month, but what we really like to see is the number of sales per year. This year we have 15 closed sales. With the 3 pending and 3 active listings, we could be on track to end the year with 21 sales. This would put us close to sales of the past 3 years.

sales by year


sale per month per year

( click on picture for larger image)

What does all this mean to you? Simple,  SELL! If you are thinking about selling, now is the time. If you are thinking about buying, now is the time. Mortgage rates are predicted to move up, and when they do, your purchasing power moves down.


What Makes Alamitos Height a great place to live?

What makes Alamitos Heights a great place to live? The neighbors.

The 400-500 block of Los Altos recently had a Pink Flamingo Party. Basically, if a placstic Pink Flamingo shows up on your yard, you have to host a “Bring Your Own ( beer, food, soda) party in your front yard or driveway.

Along this same line, the 300 Block of Los Altos had a Street Drive way party over Labor Day Weekend. This usually starts around 6 and goes to about 10pm. These little gatherings are a great way to meet your neighbors. So get out there and have a Party, but be sure to invite me!

Alamitos Heights Party

Los Altos Avenue Alamitos Heights Long Beach


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