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 11/21 at 10AM
$669,990
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,592
SQFT
4803 Brayton Avenue
Long Beach, CA 90807
Bixby Highlands (BXH) Subdivision
New Listing - 23 hours online
$899,000
Condo For Sale
Active
5
BED
3
TOTAL BATHS
2,795
SQFT
914 E 37th Street
Long Beach, CA 90807
California Heights (CH) Subdivision
Open House 11/20 at 10AM
$1,295,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
4,051
SQFT
3768 Linden Avenue
Long Beach, CA 90807
Chateau Thierry (CT) Subdivision
New Listing - 3 days online
$765,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,573
SQFT
1530 E Roosevelt Road
Long Beach, CA 90807
Bixby Terrace (BT) Subdivision
Open House 11/22 at 12PM
$840,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,699
SQFT
1021 E Claiborne
Long Beach, CA 90807
Out Of Area Subdivision
New Listing - a week online
$695,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,068
SQFT
3731 Gaviota Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - 2 weeks online
$925,000
Condo For Sale
Active
3
BED
3
TOTAL BATHS
2,554
SQFT
627 Avery Place
Long Beach, CA 90807
 
New Listing - 2 weeks online
$455,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,070
SQFT
3932 N Virginia Road #102
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$2,390,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
4,522
SQFT
4319 N Country Club Lane
Long Beach, CA 90807
Virginia Country Club (VCC) Subdivision
Open House 11/19 at 12PM
$515,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,231
SQFT
5122 Gaviota Avenue
Long Beach, CA 90807
Other (OTHR) Subdivision
Open House 11/21 at 2PM
$619,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,322
SQFT
953 E Silva Street
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$424,999
Townhouse For Sale
Active
2
BED
2
TOTAL BATHS
1,145
SQFT
3711 Country Club Drive #5
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
New Listing - 2 weeks online
$699,000
Single Family Home For Sale
Active
2
BED
2
TOTAL BATHS
1,429
SQFT
3832 Gardenia Avenue
Long Beach, CA 90807
California Heights (CH) Subdivision
New Listing - 2 weeks online
$912,000
Multi-Family For Sale
Active
0.1459
ACRES
LOS ANGELES
COUNTY
3546 Falcon Avenue
Long Beach, CA 90807
 
New Listing - 3 weeks online
$318,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
766
SQFT
4595 California Avenue #207
Long Beach, CA 90807
Bixby Terrace (BT) Subdivision
New Listing - 3 weeks online
$399,900
Townhouse For Sale
Active
2
BED
3
TOTAL BATHS
979
SQFT
3361 Pasadena Avenue #41
Long Beach, CA 90807
Kensington Green (KG) Subdivision
New Listing - 4 weeks online
$299,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
660
SQFT
3565 Linden Avenue #124
Long Beach, CA 90807
Lindenwood (LWD) Subdivision
$1,590,000
Single Family Home For Sale
Active Under Contract
7
BED
5
TOTAL BATHS
5,164
SQFT
3804 Country Club Drive
Long Beach, CA 90807
Virginia Country Club (VCC) Subdivision
$839,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,040
SQFT
1331 E Somerset Place
Long Beach, CA 90807
Bixby Knolls (BK) Subdivision
$314,900
Townhouse For Sale
Active Under Contract
1
BED
2
TOTAL BATHS
765
SQFT
3113 Atlantic Avenue #27
Long Beach, CA 90807
Other (OTHR) Subdivision

 

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