90808 Market Update

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

90808 Market Update Includes the Neighborhoods of Carson Park, Plaza, Lakewood Village, and Old Lakewood City

The median home price in 90808 jumped dramatically last month to $644,500, the highest point for the past few years and almost $100,000 higher than the same time last year.

The number of active listings in 90808 has fluctuated significantly. However, for the most part, the number of active listings has been at its highest over the summer. As of February 2016, there were just 42 active listings, which is 31.1% below the previous February.

Inventory is extremely low in the 90808 area of Long Beach. The supply of homes dropped from last month and is now at a one month supply. This is down 41.2% from the year prior in February and is one of the lowest levels in Long Beach.

Bottom Line

With low inventory and high home prices, the real estate market strongly favors sellers. If you are thinking about putting your home on the market in 90808, now is a great time!

Homes For Sale and In Escrow in 90808

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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