90808 Market Update

90808 Market Update: October 2016

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

90808 Market Update October 2016: Real Estate Statistics and Information for the 90808 Areas of Long Beach, CA

90808 Market Update Includes the Neighborhoods of Carson Park, Plaza, Lakewood Village, and Old Lakewood City

The median home price in 90808 is at $639,900, showing strong growth between August 2016 and September 2016. In comparison to last year, this is a 5.7% increase in home sale price. Close to the university as well as multiple freeways, the neighborhoods in this area had experienced a slowing of interest but appear to be picking back up.


The median days on the market actually saw a drop in September 2016 as well, going from 44 in August to 35. While this is not outside of the normal range for the 90808 area, it does indicate that house sales improved overall in the month of September. At 10 less days overall from September 2015, this is a 22% decrease in time spent on the market.

Inventory continues to be low in the 90808 area of Long Beach, despite the summer growth of inventory. August and September sit evenly at a 1.9 months supply of homes, making it among one of the lowest inventories in Long Beach overall.

Bottom Line

Low inventory continues for single family homes and property values are at one of their highest points in a three-year history. While it’s easy to want to assume that winter might show some slowing sales, the zip code as a whole has an ebb and flow that isn’t strictly seasonal, making the advice of a realtor indispensable in this situation. If you’ve been thinking about listing your home for sale, feel free to contact our team for a detailed evaluation of your home and current market.

Homes For Sale in 90808

  1. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,569 sq ft
    Lot size: 8,299 sqft
    Year built: 1952
    Parking spots: 2
    Days on market: 4
  2. 3 beds, 2 full baths
    Home size: 1,692 sq ft
    Lot size: 8,068 sqft
    Year built: 1944
    Parking spots: 2
    Days on market: 4
  3. 2 beds, 1 full bath
    Home size: 999 sq ft
    Lot size: 6,034 sqft
    Year built: 1947
    Parking spots: 2
    Days on market: 5
  4. 3 beds, 2 full baths
    Home size: 1,468 sq ft
    Lot size: 5,628 sqft
    Year built: 1949
    Parking spots: 2
    Days on market: 5
  5. 3 beds, 2 full, 1 half baths
    Home size: 1,558 sq ft
    Lot size: 5,825 sqft
    Year built: 1960
    Parking spots: 2
    Days on market: 5
  6. 3 beds, 2 full baths
    Home size: 1,557 sq ft
    Lot size: 5,421 sqft
    Year built: 1951
    Parking spots: 2
    Days on market: 5
  7. 2 beds, 1 full bath
    Home size: 792 sq ft
    Lot size: 5,477 sqft
    Year built: 1943
    Parking spots: 2
    Days on market: 5
  8. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,720 sq ft
    Lot size: 5,963 sqft
    Year built: 1947
    Parking spots: 2
    Days on market: 6
  9. 3 beds, 2 full baths
    Home size: 1,298 sq ft
    Lot size: 5,519 sqft
    Year built: 1949
    Parking spots: 2
    Days on market: 7
  10. 3 beds, 2 full baths
    Home size: 1,306 sq ft
    Lot size: 6,527 sqft
    Year built: 1944
    Parking spots: 2
    Days on market: 11

See all Real estate in the 90808 zip code.
(all data current as of 3/26/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

About the Author

shannonjones

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Shannon Jones has been helping home buyers and sellers in and around Long Beach since 1998.

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