90804 Market Update

Rose Park

September Market Update for the 90804 area of Long Beach, CA.

Real Estate Statistics for Rose Park and the Circle Area.

 

The number of single family homes that closed in 90804 leveled out the past two months, with 9 closed sales. This, however, is 30.8% lower than this time last year.

 

Supply of single family homes in this area has been dropping for the last few months. Currently there is only a 2.7 months supply in 90804.

 

The median sales price for single family homes has skyrocketed this past month, averaging out at $575,000. This is the highest it has been in the past three years.

 

Despite the rise in price, the median days on market for single family homes in 90804 has dropped in August, with the average home only staying on market for 36 days.

 

90804 Condos

Though the number of closed condo sales in 90804 reached an all-time high back in April of this year, the numbers have been dropping ever since. In August, there were 11 closed sales. Though this is a drop for 2015, it is still 10% higher than this time last year.

 

Median condo sales prices have been on a general upward trend over the past few years. In August, the median price came to $299,000, which is 14.6% higher than August 2014.

 

The months supply of inventory dropped from 3.2 in July to 2.4 in August. This is the lowest supply levels have been in all of 2015.

 

A perfect time to buy or sell!

As you can see, there are current market trends that can benefit both buyers and sellers, making it the perfect time to make a move!
If you are thinking of selling your 90804 home or condo, and are wondering what your home is worth, just take a minute to fill out the form below and we will send you a home evaluation for free!

 

Want to know how 90804 compares to the rest of Long Beach? Click here for the full Market Update.

 

Current Homes for Sale in 90804

Current Condos for Sale in 90804

About the Author

Shannon Jones has been selling real estate since 1998 and specializes in listing and marketing homes. She has consistently been one of the top Realtors in the Long Beach area. Prior to her award-winning career in real estate with the Shannon jones Team, Shannon has had successful careers in journalism and public relations. She holds a bachelors degree from UC Irvine and a masters degree from UC Berkeley. Shannon holds E-Pro, CDPE (Certified Distressed Property Expert), and PSC (Pre-Foreclosure Specialist) certifications. Shannon is very personable and maintains a very strong moral compass, always putting the best interest of home buyers/sellers above monetary goals. A California native, Shannon enjoys gardening, travel, reading, cooking and poker when she’s not selling homes MY DESIGNATIONS Lic# 01247705 | CDPE (Certified Distressed Property Expert) | E-Pro | PSC (Pre-Foreclosure Specialist) MY SERVICE AREAS Anaheim Bellflower Buena Park Carson Cerritos Cypress Downey Fountain Valley Garden Grove Huntington Beach La Palma Lakewood Long Beach Los Alamitos Los Angeles County Norwalk Orange County Rossmoor San Pedro Seal Beach Signal Hill South Bay Westminster

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