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90808 Market Update: September 2016

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

90808 Market Update: 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 one of it’s highest points right now, dropping to $585,000 in August of 2016. In comparison to $575,000 as the average in August 2015, there has been a 1.7% growth in value from year to year.


While the end of 2015 and the earlier half of 2016 was a little rough for original asking prices, August 2016 showed that the median percent of the original sales price came back up to 100% for the first time since May, and before that in October 2015. This indicates that homes in the area are being priced in a fair range for their zone, with a fairly low average number of days spent on the market.

Inventory continues to be low in the 90808 area of Long Beach, despite the summer growth of inventory. Sitting at a 2.2 months supply, this is still a strong seller’s market, albeit seeing more listings in the last couple of months.

Bottom Line

Low inventory continues for single family homes and property values are at one of their highest points in a three-year history. Easy access to the city of Long Beach combined with pleasant suburban real estate with larger lots drives traffic to this region. For people looking to sell their home, this is a good market to be in but can include a lot of recent competition, so a good local resource to make sure your home visible, accessible, and correctly priced is invaluable. If you have any questions about your home’s value or how to start the selling process, feel free to contact our team.

Homes Recently Sold in 90808

  1. 2 beds, 2 full baths
    Home size: 1,356 sq ft
    Lot size: 5,500 sqft
    Year built: 1953
    Parking spots: 4
  2. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,245 sq ft
    Lot size: 6,241 sqft
    Year built: 1954
    Parking spots: 4
  3. 3 beds, 2 full baths
    Home size: 2,006 sq ft
    Lot size: 5,400 sqft
    Year built: 1954
    Parking spots: 6
  4. 3 beds, 1 full bath
    Home size: 1,192 sq ft
    Lot size: 5,543 sqft
    Year built: 1950
    Parking spots: 8
  5. 3 beds, 1 full bath
    Home size: 1,065 sq ft
    Lot size: 5,539 sqft
    Year built: 1951
    Parking spots: 4
  6. 2 beds, 1 full bath
    Home size: 962 sq ft
    Lot size: 5,828 sqft
    Year built: 1949
    Parking spots: 6
  7. 5 beds, 2 full baths
    Home size: 2,076 sq ft
    Lot size: 5,316 sqft
    Year built: 1943
    Parking spots: 4
  8. 3 beds, 2 full baths
    Home size: 1,552 sq ft
    Lot size: 7,913 sqft
    Year built: 1941
    Parking spots: 7
  9. 3 beds, 1 full bath
    Home size: 1,214 sq ft
    Lot size: 4,908 sqft
    Year built: 1953
    Parking spots: 4
  10. 3 beds, 1 full bath
    Home size: 1,218 sq ft
    Lot size: 5,806 sqft
    Year built: 1954
    Parking spots: 4

See all Real estate in the 90808 zip code.
(all data current as of 4/30/2017)

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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