A Quick Look at the 90808 Real Estate Market
Median home sales prices in the 90808 area have been on a general upward trend, though they dropped slightly from $599,000 in June to $560,000 in July.
The median percentage of original home listing price to sales price has dropped slightly as well and was at 99.8% in July. However this is still much higher than most of 2015 has been.
The number of closed home sales in 90808 in July was 59 — a significant increase over monthly sales volume the past few years.
There is currently a 1.8 months supply of inventory in 90808. This continues the trend of low inventory that has marked the entire year.
