90808 Real Estate Market Update

Market Update for 90808 Real Estate – Including Plaza, South of Conant, Ranchos, El Dorado Park Estates, and Carson Park Neighborhoods of Long Beach

Although the median home price in 90808 declined slightly last month, at $570,000 it’s still 6.5% higher than it was in October 2014.

Homes are selling quickly in 90808. The median time on the market of 37 days last month represents a 27.5% decline from October 2014. And the median sales price was at 100% of list price last month.

Meanwhile, the inventory of homes for sale in 90808 is lower than in most areas of Long Beach. Citywide, there is a 2.2 month supply of homes, while in 90808, there was a 1.4 month supply of inventory as of October 2015. This is down 39.1% from October 2014.

With sales prices up, inventory down and demand being very strong, this represents an extremely strong seller’s market. 90808 real estate is hot!

Wondering how 90808 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 90808 or another area, please fill out the contact form at the bottom and we’d be happy to help.

Homes for Sale 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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