90807 Real Estate Market Update

Mid-Year 2015 90807 Real Estate Market Review for 90807

90807 real estate is hot: The 90807 area of Long Beach includes the tree-lined streets of Bixby Knolls and California Heights along with highly desirable Virginia Country Club and Los Cerritos neighborhoods. Homes in these neighborhoods of 90807 are considered highly desirable. Despite the area’s desirability, average home sales prices in the 90807 area of Long Beach have been somewhat volatile so far in 2015.  Sales prices in June were at $630,000 which is down from $763,000 in January. Yet even so, the year-over-year increase between June 2014 and June 2015 was more than $100,000.

Closed home sales in 90807 have increased significantly this year. In June 2015, there were 33 closed sales – 33% higher than last June and 275% higher than in February 2015.

The average percent of original listing price to sales price in the 90807 area has had quite the series of ups and downs over the years. From May to June of this year, the percentage dropped from 98.4% to 97.7%, but overall percentages have gone up since the start of 2015.

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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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