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 - 4 days online
$639,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,634
SQFT
4736 Boyar Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 4 days online
$799,900
Single Family Home For Sale
Active
2
BED
2
TOTAL BATHS
1,497
SQFT
3833 Olive Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 5 days online
$324,999
Condo For Sale
Active
1
BED
1
TOTAL BATHS
660
SQFT
3565 Linden Avenue #209
Long Beach, CA 90807
Lindenwood (LWD) Subdivision
New Listing - 5 days online
$950,000
Multi-Family For Sale
Active
0.1273
ACRES
LOS ANGELES
COUNTY
3735 Cherry Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - 6 days online
$729,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,168
SQFT
3559 Brayton Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - a week online
$850,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,278
SQFT
4370 Cerritos Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - a week online
$669,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,843
SQFT
1072 E 45th Way
Long Beach, CA 90807
 
New Listing - 2 weeks online
$679,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,194
SQFT
420 E Roosevelt Road
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$949,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
2,134
SQFT
1015 E Marshall Place
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$625,000
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
1,475
SQFT
3707 Walnut Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 3 weeks online
$545,000
Single Family Home For Sale
Active Under Contract
3
BED
1
TOTAL BATHS
1,005
SQFT
412 E 45th Street
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 3 weeks online
$585,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,629
SQFT
3911 Rose Avenue
Long Beach, CA 90807
Bixby Highlands (BXH) Subdivision
New Listing - 3 weeks online
$649,950
Single Family Home For Sale
Active
2
BED
2
TOTAL BATHS
1,140
SQFT
3634 Falcon Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - 3 weeks online
$714,900
Single Family Home For Sale
Active
2
BED
2
TOTAL BATHS
1,300
SQFT
3739 California Avenue
Long Beach, CA 90807
 
New Listing - 3 weeks online
$225,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
590
SQFT
4700 Clair Del Avenue #522
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 3 weeks online
$355,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
783
SQFT
3500 Elm Avenue #11
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - 3 weeks online
$720,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,762
SQFT
4531 Falcon Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 3 weeks online
$239,000
Condo For Sale
Active
2
BED
1
TOTAL BATHS
779
SQFT
4700 Clair Del Avenue #620
Long Beach, CA 90807
Other (OTHR) Subdivision
New Listing - 3 weeks online
$775,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,818
SQFT
4437 Gaviota Avenue
Long Beach, CA 90807
Bixby Highlands (BXH) Subdivision
New Listing - 3 weeks online
$1,200,000
Single Family Home For Sale
Active Under Contract
5
BED
6
TOTAL BATHS
4,651
SQFT
28 La Linda Drive
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
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