90808 Market Update

90808 Market Update: Real Estate Statistics and Information for the 90808 Areas of Long Beach, CA

Including the Neighborhoods of Carson Park, Plaza, Lakewood Village, and Old Lakewood City

Home prices in 90808 have steadily increased in recent years.  The median home price in 90808 peaked in September at $605,000 and has since decreased slightly to $595,000. However, that’s still up 12.3% from the year prior in January.

Inventory of homes for sale in 90808 is on par with Long Beach as a whole – very low. As of January 2016, there was only a 1.2 month supply of homes on the market in J90808, which represents a 33.3% decrease from from January 2015 .

Not suprisingly, the number of active listings in 90808 is also very low. The record low of 37 occurred last month in December and climbed slightly to 47 in January 2016. This is substantially lower than the peak of 102 that occurred in August 2014.

Bottom Line

The real estate market in 90808 currently favors sellers because inventory is so low. Home prices are also high, making the market very competitive. If you are thinking about putting your home on the market, now is a great time!

90808 Homes in Escrow

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Homes for Sale in 90808

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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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