90807 Market Update: September 2016

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90807 Market Update: Real Estate Statistics and Information for the 90807 Areas of Long Beach, CA

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

In August, the median single family home price in 90807 was $602,500, which is a 3.7% growth from August 2015. If the area value continues to follow the growth pattern of the last three years, value may rise again in the coming months. While pricing has been volatile over the last few years, 2016 has been fairly balanced in comparison to years prior.

The number of days that listings stay on the market in 90807 has been in a decline since November of 2015, with August 2016 reaching a new low for the year at 34 days on average. What this can mean for would-be sellers is that their sales will typically move forward quickly.

Inventory in 90807 has steadily grown back up since January 2016, experiencing another decrease in June before ascending again in July and August. The August 2016 inventory had 3.6 months of supply, which still indicates a seller’s market but is also a big change in competition from month to month.

Condominiums in 90807

The median price of condominiums has seen a lot of back and forth on its drops and gains, seeing a big gain in July 2016 and then dropping down again this August. In August 2016, the median sale price for condos in 90807 was $275,500.

In August, there were 16 active listings for condos on the market in 90807. This is the largest jump upwards in active listings since February 2016, and is 7 listings more than the same time last year.

Inventory in 90807 for condos saw a substantial jump as well in August, going from a 1.9 month supply in July to a 3.1 month supply. This is the highest point it has reached since September 2014, which had a 3.4 month supply. While still in the range of being a seller’s market, this is a good time for would-be buyers to check out the increased inventory and see about making a move.

Bottom Line

In both single family homes and condominiums, inventory has increased over the last month, with room to breathe for the first time in a while for shoppers. Despite this, single home values saw increases for this year and compared to last year. If you have been thinking about selling your home in 90807, now is a great time to talk to speak with a realtor or to get an estimate on your home.

Homes Sold in 90807

New Listing - 9 hours online
$602,888
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,460
SQFT
4437 Keever Avenue
Long Beach, CA 90807
Bixby Highlands (BXH) Subdivision
Open House 09/21 at 1PM
$995,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,464
SQFT
4267 Lime Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 3 days online
$1,249,000
Multi-Family For Sale
Active
0.218
ACRES
LOS ANGELES
COUNTY
404 E Freeland Street
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
Open House 09/21 at 1PM
$585,000
Single Family Home For Sale
Active
3
BED
1
TOTAL BATHS
1,003
SQFT
4549 Goldfield Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - a week online
$599,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
1,044
SQFT
4254 Keever Avenue
Long Beach, CA 90807
Bixby Highlands (BXH) Subdivision
Open House 09/22 at 1PM
$780,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,525
SQFT
3906 Brayton Avenue
Long Beach, CA 90807
Bixby Terrace (BT) Subdivision
Open House 09/20 at 10AM
$869,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,922
SQFT
3974 Walnut Avenue
Long Beach, CA 90807
Bixby Terrace (BT) Subdivision
Open House 09/21 at 2PM
$1,125,000
Multi-Family For Sale
Active
0.1402
ACRES
LOS ANGELES
COUNTY
630 E San Antonio
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
Open House 09/21 at 2PM
$1,030,000
Multi-Family For Sale
Active
0.16
ACRES
LOS ANGELES
COUNTY
301 E Bixby Road
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$580,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,479
SQFT
4743 Matney Avenue
Long Beach, CA 90807
Bixby Highlands (BXH) Subdivision
New Listing - 2 weeks online
$660,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,394
SQFT
1049 E Silva Street
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$474,900
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,120
SQFT
3705 Country Club Drive #10
Long Beach, CA 90807
Country Club Villa (CCV) Subdivision
New Listing - 2 weeks online
$3,300,000
Single Family Home For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
2,781
SQFT
4606 N Virginia Road
Long Beach, CA 90807
 
New Listing - 2 weeks online
$1,150,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,584
SQFT
3060 Linden Avenue
Long Beach, CA 90807
Chateau Thierry (CT) Subdivision
New Listing - 3 weeks online
$689,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,340
SQFT
3565 N Weston Place
Long Beach, CA 90807
Los Cerritos (LC) Subdivision
New Listing - 3 weeks online
$849,000
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
2,071
SQFT
3863 Gaviota Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 3 weeks online
$660,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,236
SQFT
733 E Silva Street
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 3 weeks online
$559,900
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
986
SQFT
4660 Goldfield Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 4 weeks online
$749,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,752
SQFT
4530 N Cerritos Drive
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 4 weeks online
$349,900
Condo For Sale
Active
2
BED
1
TOTAL BATHS
934
SQFT
3452 Elm Avenue #302
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
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