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.
Want to know how the 90808 Real Estate Market compares to Long Beach as a whole? Click here to see the complete Long Beach Real Estate Market Update.