90807 real estate

90807 Real Estate Market Update – December 2015

shannonjones Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

What’s Going On With 90807 Real Estate?

Statistics for California Heights, Bixby Knolls, Bixby Terrace, Virginia Country Club & Other 90807 Neighborhoods

 

The median sales price for homes in 90807 jumped in November 2015 to its highest point this year – and for several years. At $692,000, the median price is up 38.4% since November 2014. Here’s all the latest on 90807 real estate..

Closed sales of homes in 90807 were down significantly last month, both from the previous month and from November 2014.

The inventory of available homes for sale also declined significantly in November 2015. With a 1.5 month supply of homes for sale, that represents a 50% decline from the same time last year.
In

Iterestingly, however, the time it takes to sell homes increased. The median days on market as of last month was 69 – up 81.6% from November 2014.

Condo Sales in 90807

While prices for single family homes in 90807 have gone up, condo prices have declined. The median condo price in 90807 in November 2015 was $220,000, which represents a 19.1% decline from the same time last year.

The inventory of condos for sale in California Heights, Bixby Knolls and other 9087 neighborhoods is very low. As of November 2015, there was less than a month’s supply, which represents a 65.4% decrease from the same time last year.

Seller’s Market

Anytime inventory is as low as it is right now, we experience what’s called a “seller’s market,” meaning that sellers have the upper hand when negotiating because supply is so far below current demand. Although spring and summer are traditionally considered by many to be the best time of year to sell a home, this winter is shaping up to be an excellent opportunity for sellers. If you’d like to find out what your home is worth in today’s market, fill out the form below and we’d be happy to provide you with a custom market evaluation.

Homes for Sale in 90807

New Listing - 2 weeks online
$1,849,500
For Sale
4
Beds
5
Baths
4,387
Sq Ft
3800 N Weston Place
Long Beach, CA 90807
Single Family Residence - Active
New Listing - 2 weeks online
$1,849,000
For Sale
5
Beds
4
Baths
3,845
Sq Ft
430 W San Antonio Drive
Long Beach, CA 90807
Single Family Residence - Active
$1,275,000
For Sale
4
Beds
3
Baths
3,126
Sq Ft
3845 Cedar Avenue
Long Beach, CA 90807
Single Family Residence - Active
$1,249,900
For Sale
4
Beds
3
Baths
3,172
Sq Ft
30 La Linda Drive
Long Beach, CA 90807
Single Family Residence - Active
$1,139,000
For Sale
4
Beds
3
Baths
2,919
Sq Ft
1051 E Andrews Drive
Long Beach, CA 90807
Single Family Residence - Active
New Listing - a week online
$1,100,000
For Sale
3
Beds
2
Baths
2,556
Sq Ft
3935 Lewis Avenue
Long Beach, CA 90807
Single Family Residence - Active
$1,095,000
For Sale
4
Beds
3
Baths
2,978
Sq Ft
3804 Linden Avenue
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$1,055,000
For Sale
4
Beds
2
Baths
3,109
Sq Ft
648 W Terrylynn Place
Long Beach, CA 90807
Single Family Residence - Active Under Contract
New Listing - 4 weeks online
$995,000
For Sale
3
Beds
4
Baths
3,271
Sq Ft
3596 Lemon Avenue
Long Beach, CA 90807
Single Family Residence - Active
New Listing - 4 weeks online
$975,000
For Sale
4
Beds
3
Baths
2,197
Sq Ft
3819 Pine Avenue
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$959,000
For Sale
3
Beds
4
Baths
3,169
Sq Ft
1024 E Freeland Street
Long Beach, CA 90807
Single Family Residence - Active
$899,990
For Sale
3
Beds
2
Baths
2,342
Sq Ft
1136 E Claiborne Drive
Long Beach, CA 90807
Single Family Residence - Active
New Listing - 3 days online
$869,000
For Sale
3
Beds
3
Baths
2,758
Sq Ft
3642 Locust Avenue
Long Beach, CA 90807
Single Family Residence - Active
$858,000
For Sale
4
Beds
4
Baths
1,958
Sq Ft
3761 Olive Avenue
Long Beach, CA 90807
Single Family Residence - Active
New Listing - 4 weeks online
$850,000
For Sale
4
Beds
3
Baths
2,424
Sq Ft
3734 Pine Avenue
Long Beach, CA 90807
Single Family Residence - Active
$849,900
For Sale
3
Beds
3
Baths
1,914
Sq Ft
3827 Gaviota Avenue
Long Beach, CA 90807
Single Family Residence - Active
New Listing - 7 days online
$849,900
For Sale
6
Beds
3
Baths
2,481
Sq Ft
1400 E Marshall Place
Long Beach, CA 90807
Single Family Residence - Active
New Listing - 4 days online
$800,000
For Sale
2
Beds
1
Baths
2,467
Sq Ft
19 La Linda Drive
Long Beach, CA 90807
Single Family Residence - Active
$799,950
For Sale
4
Beds
3
Baths
2,485
Sq Ft
3550 N Weston Place
Long Beach, CA 90807
Single Family Residence - Active
$795,000
For Sale
3
Beds
2
Baths
2,028
Sq Ft
3804 Walnut Avenue
Long Beach, CA 90807
Single Family Residence - Active

What’s My Long Beach Home Worth?

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