90807 Market Update

90807 Market Update

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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

$849,900
For Sale
6
Beds
3
Baths
2,481
Sq Ft
1400 E Marshall Place
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$760,000
For Sale
3
Beds
2
Baths
1,696
Sq Ft
3849 Lime Avenue
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$619,900
For Sale
2
Beds
1
Baths
1,188
Sq Ft
1325 E Somerset Place
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$549,000
For Sale
3
Beds
2
Baths
1,477
Sq Ft
1620 E Silva Street
Long Beach, CA 90807
Single Family Residence - Active Under Contract
Short Sale
$440,000
For Sale
2
Beds
1
Baths
810
Sq Ft
929 E Silva Street
Long Beach, CA 90807
Single Family Residence - Active Under Contract

Homes for Sale in 90807

$849,900
For Sale
6
Beds
3
Baths
2,481
Sq Ft
1400 E Marshall Place
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$785,000
For Sale
3
Beds
1
Baths
2,334
Sq Ft
1437 Armando Drive
Long Beach, CA 90807
Single Family Residence - Active
$760,000
For Sale
3
Beds
2
Baths
1,696
Sq Ft
3849 Lime Avenue
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$619,900
For Sale
2
Beds
1
Baths
1,188
Sq Ft
1325 E Somerset Place
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$550,000
For Sale
2
Beds
2
Baths
1,210
Sq Ft
1413 E Luray Street
Long Beach, CA 90807
Single Family Residence - Active
$549,000
For Sale
3
Beds
2
Baths
1,477
Sq Ft
1620 E Silva Street
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$525,000
For Sale
3
Beds
2
Baths
1,534
Sq Ft
3229 Pasadena Avenue
Long Beach, CA 90807
Single Family Residence - Active
Short Sale
$440,000
For Sale
2
Beds
1
Baths
810
Sq Ft
929 E Silva Street
Long Beach, CA 90807
Single Family Residence - Active Under Contract

Condos Under Contract in 90807

$349,000
For Sale
2
Beds
2
Baths
916
Sq Ft
4146 Elm Avenue #8
Long Beach, CA 90807
Condo - Active Under Contract

Condos for Sale in 90807

New Listing - a week online
$440,000
For Sale
2
Beds
2
Baths
1,221
Sq Ft
3661 Country Club Drive #H
Long Beach, CA 90807
Condo - Active
New Listing - 23 hours online
$350,000
For Sale
2
Beds
1
Baths
1,378
Sq Ft
629 E Carson Street #7
Long Beach, CA 90807
Condo - Active
$349,000
For Sale
2
Beds
2
Baths
916
Sq Ft
4146 Elm Avenue #8
Long Beach, CA 90807
Condo - Active Under Contract
New Listing - 6 days online
$259,000
For Sale
1
Beds
1
Baths
766
Sq Ft
4595 California Ave #307
Long Beach, CA 90807
Condo - Active

Free Home Evaluation

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