Alamitos Heights Long Beach

Your Neighborhood Blog by Craig Wallace Group

Tag – Real Estate Values in Long Beach

Alamitos Heights Real Estate Update

Alamitos Heights Real Estate Update

Since March 7, 2013 there have been 25 sales. There were 2 Short Sales and one REO(real estate owned), the rest were Standard sales. The low was 5481 8th Street which sold for $455,000 on January 29,2013. This was a 2 bedroom 1 bath home. The size per public record is 1,212 SF on a 3,367 SF lot. The highest sale was 426 Monrovia Avenue which sold for $1,449,000 on February 27,2013 and was on the market for 228 days. The size per public record is  3,575 SF on a 6,460 SF lot. The most recent closed sale per MLS was 636 Los Altos Avenue. This sold for $1,250,000 on February 27,2014.

 (click on Image for larger picture)

 

sold graph

 

Quick_CMA9540

 

sold vs list

Closed_Sales

There are 6 Active Listings and 1 Pending/Backup per MLS. There are also 2 Pending private trusts sales that were not on the open market. Demand for homes in AlamitosHeights remains strong and values continue to edge up. We are still in a sellers Market.  

Active_and_Pending_Listings_

 

 

If you are thinking about selling your home, now is a good time. We are moving into the “home selling season”. If you would like to find out the value of your home or would like to talk about selling it. Please call me, I am a Realtor and Real Estate Appraiser. I have lived in AlamitosHeights since 1996. Call me at 562.673.1138

What are Values doing in Alamitos Heights?

I like graphs, I think a visual story is easier to read then numbers. The first graph shows what sales are doing in Alamitos Heights since January1, 2013.
As you can see, we have an upward trend. This is good news for those who might be thinking about selling.

AH August sinc e 2013

 

 

The second graph is what values have done since 2003. This really tells a story. Locally, we peaked in late 2006/2007, then we did not hit bottom until late 2011.

AH Augustsince 2003

 

If you want to know more about what your home is worth, please send me an email. I am Also a Certified Real Estate Appraiser. If you are thinking about selling, please call so we can discuss your options and a marketing plan.

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