Cliff May Ranchos: Market Update 3/26
Click the graphic above for the latest market info. It’s time once again for the Thursday market update for the Cliff May Ranchos neighborhood in Long Beach. The Ranchos is a mid-century modern ranch house neighborhood, located on the eastside of Long Beach. It is centrally located and provides easy access to Orange County, the South Bay, and central Los Angeles. It has been a few weeks since I ran this update, and there have been a few changes. If you are interested in looking at any of these homes, or have any questions about these homes, please call my cell or e-mail me. First of all we have some price changes. 3230 Stevely is now reduced to $610,000. It originally came on the market in January for $669,000. Don’t get your calculator out, I’ll do the math for you; it is about 91% of the original list price. The “Tuscarranean” remodeled home at 7219 Lanai also was reduced from $775,000 to $699,900. Hey look! That is about 90% of the original list price. New to the market is 3229 Kallin Ave. It is a 4 bedroom, 2 bath home about 1,537 square feet. It has some upgrades and has a nice location in the neighborhood. All for the price of $639,000.Also new to the market at $649,000 is 7209 Lanai. This is a 3 bedroom, 2 bath home. This nicely remodeled home has a pool. It sold a year ago for $650,000. Does that mean this neighborhood is in high demand? Are prices bucking the market trends in LA county? Or is it overpriced? e-mail me at evan.gould@homes4hipsters.com and let me know what you think. Moving on, the home at 3225 Roxanne is pending sale again. It was pretty rough and listed for $580,000. Check back here for the final sales price. 3150 Pattiz is also in escrow. Listed way back in August 2008 for $629,900; the current list price is $599,000. The recent sales of 3 bedroom, 2 bath homes are mean averaging $550,000. Let’s see where this one lands. Check back here for the fial sales price.3120 Volk is also in escrow. This 3 bedroom, 2 bath home in 1575 square feet was listed for $599,000. They are still accepting back-up offers, so it’s not to late to snag this one. What do you want to bet the offer on the table is for hmmm… $550,000? Realtors have been busy actually closing some deals! 7232 Metz closed for $535,000. That is 95% of the original $559,000 list price. Nice little savings. And to round out the update this week, the home at 3120 Karen (3 bed/2bath, pool) closed for $590,000. That is a 10% saving off the original $649,000 list price. Thanks for reading, and I’ll update you again next week.