Bixby Knolls

90807 Real Estate Market Update

shannonjones Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

November Update for 90807 Real Estate – Neighborhoods of California Heights, Bixby Knolls, Bixby Terrace, Virginia Country Club, and Ridgewood Heights

While much of Long Beach experienced significant price appreciation over the past year, home prices in 90807 have not increased significantly. As of October 2015, the median home price of $565,000 was within 1% of its October 2014 level.

Homes, however, are selling very close to their list price. The median sales price in October 2015 was 99.3% of list price. And homes are selling a bit more quickly than last year, with a median of 51 days on the market – an 8.9 decline from October 2014.

The inventory of houses for sale in 90807 was at a 2.3 month supply as of October 2015, roughly the same as in Long Beach overall, but down 36.1% from its October 2014 level in 90807.

Condo Real Estate Market Update for 90807

The number of condos for sale in 90807 is also down from last year, at a 1.7 month supply in October 2015.

The median condo price in 90807 as of last month was $229,000, up 4.6% from October 2014.

Wondering how 90807 compares to Long Beach overall? Click here for an update on the Long Beach real estate market.  If you’d like information on what your home is worth or are thinking of buying or selling real estate in 90807 or another area, please fill out the contact form at the bottom and we’d be happy to help.

Homes for Sale in 90807

$849,900
For Sale
6
Beds
3
Baths
2,481
Sq Ft
1400 E Marshall Place
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$785,000
For Sale
3
Beds
1
Baths
2,334
Sq Ft
1437 Armando Drive
Long Beach, CA 90807
Single Family Residence - Active
$760,000
For Sale
3
Beds
2
Baths
1,696
Sq Ft
3849 Lime Avenue
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$619,900
For Sale
2
Beds
1
Baths
1,188
Sq Ft
1325 E Somerset Place
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$550,000
For Sale
2
Beds
2
Baths
1,210
Sq Ft
1413 E Luray Street
Long Beach, CA 90807
Single Family Residence - Active
$549,000
For Sale
3
Beds
2
Baths
1,477
Sq Ft
1620 E Silva Street
Long Beach, CA 90807
Single Family Residence - Active Under Contract
$525,000
For Sale
3
Beds
2
Baths
1,534
Sq Ft
3229 Pasadena Avenue
Long Beach, CA 90807
Single Family Residence - Active
Short Sale
$440,000
For Sale
2
Beds
1
Baths
810
Sq Ft
929 E Silva Street
Long Beach, CA 90807
Single Family Residence - Active Under Contract

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