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 - 23 hours online
$304,900
Condo For Sale
Active
1
BED
1
TOTAL BATHS
654
SQFT
3565 Linden Avenue #207
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
Open House 03/19 at 12PM
$1,550,000
Single Family Home For Sale
Active
6
BED
5
TOTAL BATHS
4,867
SQFT
3719 Pacific Avenue
Long Beach, CA 90807
Los Cerritos (LC) Subdivision
New Listing - 6 days online
$689,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,287
SQFT
4561 Whaley Avenue
Long Beach, CA 90807
Country Club manor (CCM) Subdivision
New Listing - a week online
$875,000
Multi-Family For Sale
Active
0.1471
ACRES
LOS ANGELES
COUNTY
3725 Cerritos Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - a week online
$315,800
Condo For Sale
Active
1
BED
1
TOTAL BATHS
660
SQFT
3565 Linden Avenue #164
Long Beach, CA 90807
Lindenwood (LWD) Subdivision
New Listing - a week online
$1,250,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,378
SQFT
4243 N Virginia Road
Long Beach, CA 90807
Virginia Country Club (VCC) Subdivision
New Listing - a week online
$900,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,491
SQFT
4002 Marion Way
Long Beach, CA 90807
Crown Pointe (CPT) Subdivision
New Listing - a week online
$1,869,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
3,954
SQFT
4218 Country Club Drive
Long Beach, CA 90807
Los Cerritos (LC) Subdivision
New Listing - a week online
$1,299,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,467
SQFT
19 La Linda Drive
Long Beach, CA 90807
Virginia Country Club (VCC) Subdivision
New Listing - a week online
$579,500
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,080
SQFT
3732 Olive Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - 2 weeks online
$1,990,000
Single Family Home For Sale
Active
6
BED
5
TOTAL BATHS
6,400
SQFT
3835 Elm Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$777,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,333
SQFT
5019 Gundry Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$410,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,262
SQFT
3695 Linden Avenue #8B
Long Beach, CA 90807
Uptown Carlton (UPC) Subdivision
New Listing - 2 weeks online
$949,000
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
1,989
SQFT
3733 Pine Avenue
Long Beach, CA 90807
Los Cerritos (LC) Subdivision
New Listing - 2 weeks online
$889,900
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
1,375
SQFT
720 E 35th Street
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - 2 weeks online
$859,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,475
SQFT
3707 Walnut Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - 2 weeks online
$709,888
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,587
SQFT
4219 Gaviota Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 3 weeks online
$1,200,000
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
2,962
SQFT
4020 Country Club Drive
Long Beach, CA 90807
Virginia Country Club (VCC) Subdivision
New Listing - 3 weeks online
$875,000
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
2,680
SQFT
4148 Gaviota Avenue
Long Beach, CA 90807
Bixby Knolls - BK Subdivision
New Listing - 3 weeks online
$850,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,793
SQFT
3862 Marron Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
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