90807 Real Estate Market Update

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

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About the Author

Shannon Jones has been selling real estate since 1998 and specializes in listing and marketing homes. She has consistently been one of the top Realtors in the Long Beach area. Prior to her award-winning career in real estate with the Shannon jones Team, Shannon has had successful careers in journalism and public relations. She holds a bachelors degree from UC Irvine and a masters degree from UC Berkeley. Shannon holds E-Pro, CDPE (Certified Distressed Property Expert), and PSC (Pre-Foreclosure Specialist) certifications. Shannon is very personable and maintains a very strong moral compass, always putting the best interest of home buyers/sellers above monetary goals. A California native, Shannon enjoys gardening, travel, reading, cooking and poker when she’s not selling homes MY DESIGNATIONS Lic# 01247705 | CDPE (Certified Distressed Property Expert) | E-Pro | PSC (Pre-Foreclosure Specialist) MY SERVICE AREAS Anaheim Bellflower Buena Park Carson Cerritos Cypress Downey Fountain Valley Garden Grove Huntington Beach La Palma Lakewood Long Beach Los Alamitos Los Angeles County Norwalk Orange County Rossmoor San Pedro Seal Beach Signal Hill South Bay Westminster

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