90807 Market Update

January 2016 Market Update for the 90807 Area of Long Beach, CA

90807 Real Estate Statistics and Information

Including the Neighborhoods of California Heights, Bixby Knolls, Bixby Terrace, and Virginia Country Club.

Home prices in 90807 continued the upward trend in 2015 that they’ve been experiencing since 2012. Although the Dececember 2015 median home price of $617,500 was below the previous month, it was 17.6% above the previous December.

The supply of homes for sale in 90807 has fluctuated a fair amount since 2012. Last year the inventory of homes for sale declined dramatically, reaching a low of a 1.4 months’ supply in December 2015. This reflects a 46.2% decrease from the prior December.

Corresponding to the low inventory, active listings on the market has also decreased substantially since December 2014. In December 2015 there were 34 active listings on the market, which reflects a 38.2% decrease from the year prior in December. Furthermore, the number of active listings in December 2015 marked a record low since 2012.

Condominium Market Update for 90807

Like homes, the median price of condominiums in 90807 has also increased fairly consistently since 2012. In December of 2015, the median price of condos was $287,250, up 22.2% from the December prior.

Inventory of condos on the market in 90807 has remained fairly low since 2012, other than a peak of supply in 2014. In December of 2015, the supply was just 1.9 months, which reflects a 35% decrease from the year prior in December.

Sellers Market

The current market is favorable for condo and home owners looking to put their home up for sale. Due to high median home prices and low inventory, sellers can expect their homes to sell quickly and for top dollar, assuming they choose an appropriate pricing strategy and the home is marketed effectively. If you would like to find out what your home is worth, fill out the form below and we’d be happy to provide you with a report.

Homes Under Contract in 90807

No Results Found.

Homes for Sale in 90807

No Results Found.

Condos Under Contract in 90807

No Results Found.

Condos for Sale in 90807

Open House Sat, Jul 24, 7 PM UTC
Please verify times due to COVID-19
$530,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,122
SQFT
3727 Country Club Drive #8
Long Beach, CA 90807
Country Club Villa (Ccv) Subdivision
New Listing - 2 weeks online
$475,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,144
SQFT
4505 California Avenue #208
Long Beach, CA 90807
Bixby Knolls (Bk) Subdivision
$399,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
902
SQFT
3500 Linden Avenue #204
Long Beach, CA 90807
Bixby Knolls (Bk) Subdivision
New Listing - 2 weeks online
$359,000
Condo For Sale
Pending
1
BED
1
TOTAL BATH
764
SQFT
4595 California Avenue #302
Long Beach, CA 90807
 
$350,000
Condo For Sale
Pending
1
BED
1
TOTAL BATH
745
SQFT
3377 Pasadena Avenue #49
Long Beach, CA 90807
 
$329,900
Condo For Sale
Pending
1
BED
1
TOTAL BATH
753
SQFT
3530 Elm Avenue #106
Long Beach, CA 90807
Bixby Knolls (Bk) Subdivision
$320,000
Condo For Sale
Pending
1
BED
1
TOTAL BATH
660
SQFT
3565 Linden Avenue #209
Long Beach, CA 90807
Bixby Knolls (Bk) Subdivision
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 bachelor's degree from UC Irvine and a master's 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)

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