Real Estate Market Update for 90808

A Quick Look at the 90808 Real Estate Market

Median home sales prices in the 90808 area have been on a general upward trend, though they dropped slightly from $599,000 in June to $560,000 in July.

The median percentage of original home listing price to sales price has dropped slightly as well and was at 99.8% in July. However this is still much higher than most of 2015 has been.

The number of closed home sales in 90808 in July was 59 — a significant increase over monthly sales volume the past few years.

There is currently a 1.8 months supply of inventory in 90808. This continues the trend of low inventory that has marked the entire year.

Homes for Sale in 90808

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About the Author
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Shannon Jones has been providing real estate expertise for buyers and sellers in Long Beach and surrounding areas since 1998. She's no longer personally opening doors, yet she continues to provide guidance, connecting clients with experts and resources developed over decades. A California native, Shannon enjoys gardening, travel, reading, and cooking. Service areas: Long Beach and adjacent communities in Los Angeles County and Orange County.

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