90807 Real Estate Market Update

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90807 Real Estate Market Update
October 2015

Including the neighborhoods of Virginia Country Club/Los Cerritos, Bixby Knolls, Bixby Highlands, Bixby Terrace, Ridgewood Heights, California Heights, and Country Club Manor.

 

After increasing earlier this year, the number of closed sales of single family homes in the 90807 area leveled off a bit. For the second month in a row, there were 29 closed sales, and even though this isn’t the highest number of the year, it is still 93.3% higher than this time last year.

 

The inventory of single family homes for sale in 90807 has been dropping most of this year, and September was no exception. The inventory is currently at a 2.1 month supply, the lowest level so far in 2015 and 43.2% lower than this time last year.

 

The median sales price took a drop for the second month in a row, landing at $540,000. This is the lowest median price point of 2015 but is still 2.9% higher than this time last year.

 

Single family homes in the 90807 area have been selling quick this year! Last month, the median number of days on market came to 37. And though this isn’t the shortest time period of 2015, it is 40.3% lower than September 2014.

 

90807 Condo  Sales

The number of closed condo sales in 90807 has dropped significantly since the beginning of summer. This past month, there were only 3 condos sold, which is 72.7% lower than this time last year.

 

The median sales price for 90807 condos has jumped around a bit this past year. September saw a slight increase, coming to $285,000, which is 23.9% better than September of last year.

 

The inventory of condos for sale in 90807 has been slightly increasing since the beginning of summer, and last month followed the trend. There is currently a 1.9 months supply of condos in the 90807 area, and although this is an increase from the past few months, it is still 32.1% lower than this time last year.

 

A great time for buyers and sellers!

Whether you are thinking of buying or selling in the 90807 area, there are current market trends that will benefit both ends of the spectrum. If you have any questions or want more details, we’d be happy to help! Call us today at 562.896.2456.

 

Wondering how the 90807 market compares to Long Beach as a whole? Click here to find out!

Homes for Sale in 90807

Open House 07/21 at 12PM
$769,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,756
SQFT
3587 Gundry Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
Open House 07/27 at 1PM
$599,999
Multi-Family For Sale
Active
0.1665
ACRES
LOS ANGELES
COUNTY
3263 N Park Lane
Long Beach, CA 90807
Other (OTHR) Subdivision
New Listing - 3 days online
$369,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,156
SQFT
4170 Elm Avenue #203
Long Beach, CA 90807
Chateau Thierry (CT) Subdivision
New Listing - 4 days online
$1,295,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,243
SQFT
3811 Linden Avenue
Long Beach, CA 90807
Chateau Thierry (CT) Subdivision
New Listing - 4 days online
$749,997
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,683
SQFT
3621 Gardenia Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
Open House 07/21 at 1PM
$619,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,149
SQFT
4253 Gaviota Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - a week online
$340,000
Condo For Sale
Active
2
BED
3
TOTAL BATHS
861
SQFT
3510 Elm Avenue #22
Long Beach, CA 90807
Elmwood (EWD) Subdivision
New Listing - a week online
$749,999
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
1,930
SQFT
4492 Linden Avenue
Long Beach, CA 90807
Bixby Highlands (BXH) Subdivision
New Listing - a week online
$1,489,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
4,867
SQFT
3719 Pacific Ave
Long Beach, CA 90807
Los Cerritos (LC) Subdivision
Open House 07/21 at 1PM
$1,499,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
2,569
SQFT
1062 E Tehachapi Drive
Long Beach, CA 90807
New Bixby (NB) Subdivision
New Listing - a week online
$240,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
590
SQFT
4700 Clair Del Avenue #641
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$829,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,418
SQFT
3808 Walnut Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
Open House 07/21 at 12PM
$660,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,452
SQFT
4504 Keever Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$700,000
Single Family Home For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,006
SQFT
3721 Lemon Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
Open House 07/21 at 12PM
$780,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,336
SQFT
3412 Myrtle Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - 2 weeks online
$639,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,290
SQFT
940 E Terrace Drive
Long Beach, CA 90807
Ridgewood Heights (RH) Subdivision
New Listing - 2 weeks online
$565,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,430
SQFT
5038 Gundry Avenue
Long Beach, CA 90807
Ridgewood Heights (RH) Subdivision
New Listing - 2 weeks online
$499,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
861
SQFT
1412 E Luray Street
Long Beach, CA 90807
Ridgewood Heights (RH) Subdivision
New Listing - 2 weeks online
$1,159,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,399
SQFT
3848 Linden Avenue
Long Beach, CA 90807
Chateau Thierry (CT) Subdivision
New Listing - 2 weeks online
$779,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,160
SQFT
3040 Linden Avenue
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision

 

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