90808 Market Update

shannonjones CA , California , City of Long Beach , Lakewood Village , Long Beach , long beach homes , Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

September Market Update for the 90808 area of Long Beach, CA.

Real Estate Statistics for Lakewood Village, Old Lakewood City, the Plaza, Carson Park, South of Conant, and El Dorado Park Estates.

 

Closed sales for single family homes in the 90808 area dropped significantly from 59 in July to 37 in August. This, however, is still 2.3% higher than August of 2014.

 

Inventory levels have evened out over the summer months, with a 1.8 months supply level for the third month in a row.

 

Median sales prices for homes in the 90808 area have been on a general upward trend over the last few years, and this month followed suit. The median sales price in August came out to $575,000. That is $15,000 higher than July and 5.4% higher than August of 2014.

 

The median number of days on the market went up slightly in August, at 42 days, but this is still 17.6% better than August of last year.

 

A great market for both buyers and sellers!

As you can see, the latest market trends have characteristics that benefit both buyers and sellers. Inventory is low, demand is high, and prices are competitive. If you are thinking of selling your 90808 home and wondering what it may be worth, take a minute to fill out the form below and we’ll send you a free home evaluation!

Free Home Evaluation

The value of your home has most certainly changed since you bought it! Take a few seconds to fill out the form below and we'll prepare an expert market analysis of your home at no cost!
  • Tell us a little bit about your situation
  • Where is the property located?
  • Who can we contact with your completed market analysis?

 

Wondering how the 90808 market compares to Long Beach as a whole? Click here for the full Market Update.

 

Current 90808 Homes for Sale

$869,900
For Sale
3
Beds
1
Baths
2,246
Sq Ft
5345 E Greenmeadow Road
Long Beach, CA 90808
Single Family Residence - Active
$850,000
For Sale
4
Beds
3
Baths
2,322
Sq Ft
4621 Blackthorne Avenue
Long Beach, CA 90808
Single Family Residence - Active Under Contract
$850,000
For Sale
4
Beds
3
Baths
3,006
Sq Ft
4715 E Arbor Road
Long Beach, CA 90808
Single Family Residence - Active Under Contract
$735,000
For Sale
4
Beds
1,701
Sq Ft
7901 E Ring Street
Long Beach, CA 90808
Single Family Residence - Active Under Contract
$680,000
For Sale
3
Beds
2
Baths
1,140
Sq Ft
5943 E Adderley Drive
Long Beach, CA 90808
Single Family Residence - Active
New Listing - 4 weeks online
$675,000
For Sale
4
Beds
1
Baths
1,721
Sq Ft
3445 Fela Avenue
Long Beach, CA 90808
Single Family Residence - Active Under Contract
$660,000
For Sale
3
Beds
2
Baths
1,447
Sq Ft
3972 Hackett Avenue
Long Beach, CA 90808
Single Family Residence - Active Under Contract
$579,000
For Sale
2
Beds
2
Baths
1,389
Sq Ft
5821 E Wardlow Road
Long Beach, CA 90808
Single Family Residence - Active Under Contract
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