90804 Real Estate Market Update

The 90804 real estate market is hot!

The median home price in 90804 dipped last month to $432,500, which although lower than the previous month is still 9.5% higher than it was in October 2014.

Meanwhile, the number of homes for sale in 90804, which includes Rose Park and Traffic Circle areas, declined last month, down 19% from October 2014. This represents a 2.3 month supply of inventory.

With inventory being so low, homes in 90804 have been selling very quickly. As of last month, the median days on the market was 21, which is 54.3 less than in October 2014.

Condo Real Estate Market Update for 90804

The median condo price in 90804 increased in October to $302,450, up 16.3% from the same month last year.

And while the inventory of condos for sale in Long Beach overall is at a 2.2 month supply, in 90804, which includes Rose Park and Traffic Circle areas, the inventory is slightly lower – at a 1.8 month supply. This represents a decrease of 52.6% from October 2014.

Meanwhile the number of condos that sold last month in 90804 was 8, down from earlier this year but at the same level as October 2014.

Wondering how 90804 compares to Long Beach overall? Click here for an update on the Long Beach real estate market.  If you’d like information on what your home is worth or are thinking of buying or selling real estate in 90804 or another area, please fill out the contact form at the bottom and we’d be happy to help.

Homes 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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