Long Beach/Southern California Real Estate

12/16/2025

What's On the Market in Long Beach 90808?

Homes in The Ranchos

Currently, there are 20 single family homes for sale in this Long Beach zip code 90808 as of 12/16/2025. This zip code embraces areas known as El Dorado Park Estates, Lakewood Village, South of Conant, Carson Park, and the Ranchos, all of which mostly have completely different home styles depending on the years built and the builder convention.

The top price in these active listings is a home in Lakewood Village listed at $1,750,000, a large two-story home which is looking for the right buyer after being on the market for 131 days. If you go to the link below, you can get more information on this 1943 home. There are four other homes on the market in Lakewood Village, starting at $1,099,000. The lowest price home in this group is listed at $1,049,000 in the South of Conant area. A home in the Ranchos, developed by builder Cliff May, is listed at $1,395,000 and is newer on the market at 11 days. If you like the style of S&S construction (also known as Shapell) you may like the larger two story homes in El Dorado Park Estates, one current listing is listed at $1,399,000 for a 4 bedroom, 3 bath home with many upgrades.

The homes on the market in this zip code are located between Del Amo Blvd. on the north and Spring St. on the south. The Long Beach airport, El Dorado Park with its many recreational facilities, and Heartwell Park are all within the area, as well as the 605 and 405 freeways.

At the lower price point, there are 8 homes listed under $1,000,000, as low as $780,000 for a two bedroom home which could be a switch for buyers who would prefer a house over a condo. The median area list price is $1,195,000, which is mostly the price point for California Heights at this time. And just remember, FHA and VA loans are available for this market also.

Whether you're thinking about a larger home or smaller home, just look for listings in these areas, and go to this MLS search at https://www.abodes.realestate/mls-property-search and input 90808 in the Zip Code search box. I have been helping buyers and sellers for 30+ years in Long Beach, including these areas! Feel free to call, text or email.

A new feature on my website are auto-updated reports for many sections of Long Beach--just go to https://www.abodes.realestate/market-reports-newsletter then refresh the report after downloading it. They auto update every 2 days, but try checking at least once a month.

Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996

12/11/2025

What Does a 6% Interest Rate Mean for Mortgages in Our Market?

According to National Association of REALTORS® research, a 1% decrease in mortgage interest rates could add about 5.5 million households, including 1.6 million renters, to the pool of potential buyers. Today, the Federal Reserve cut rates by .25% https://finance.yahoo.com/news/live/live-coverage-federal-reserve-cuts-interest-rates-by-025-powell-warns-theres-no-risk-free-path-134139574.html How will further decrease to 6% affect different markets--below is a scenario by National Association of Realtors for the So Cal metro region:

Los Angeles-Long Beach-Anaheim, CA

☞ 2.7% increase in the share of households who qualify at lower mortgage rates.

☞ 15.2% of households that can qualify with 6% mortgage rate.

If mortage rates fell from 7% to 6%...
☞ 122,864 more households would afford the median-priced home.

☞ While 10% of these households typically buy a home...

12,286 additional home sales are expected in the next 12 to 18 months in Los Angeles-Long Beach-Anaheim, CA.

Data Source: NAR Calculations, U.S. Census data
Chart by Jovi Dai/National Association of REALTORS®

Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996

12/03/2025

Los Angeles County Single Family and Condo Market in October 2025

Market Update Data for LA County

Single-Family Homes Prices for October 2025

The single-family market in Los Angeles County showed mixed but generally stable performance in October 2025:

New Listings: Down 5.2%, indicating slightly reduced seller activity.
Pending Sales: Fell 15.3%, reflecting softer buyer demand.
Closed Sales: Up 4.5%, suggesting that previously delayed transactions may have closed.
Days on Market: Increased from 33 to 40 days (+21.2%), signaling slower market pace.

Pricing:

Median Sales Price: Essentially flat at $999,942 (+0.1%).
Average Sales Price: Increased 5.3%, reaching $1.47M, pointing to strength at higher price tiers.
Percent of List Price Received: Slightly lower at 99.7%.
Inventory: Nearly unchanged (down 0.5%), maintaining a 3.7-month supply.

Year-to-Date: Prices remain higher than 2024 levels, with median price up 4.6%, but sales volume remains nearly flat.

Townhomes & Condominiums

The condo and townhouse segment showed increased supply but weakening demand:

New Listings: Up 11.5%, providing more options for buyers.
Pending Sales: Down 18.0%, highlighting a significant drop in buyer activity.
Closed Sales: Nearly flat, slipping 0.6%.
Days on Market: Lengthened from 41 to 50 days (+22%), showing slower absorption.

Pricing:

Median Sales Price: Declined 2.7% to $675,000.
Average Sales Price: Down 2.7%, though YTD average price is up 3.2%, suggesting recent softness following earlier strength.
Percent of List Price Received: Slightly weaker at 99.0%.
Inventory: Rose sharply by 18.8%, pushing months of supply to 5.4, indicating a more favorable environment for buyers.

Year-to-Date: Both pending and closed sales remain below 2024 levels, accompanied by modest price softening.

Overall Market Takeaways for Los Angeles County

Single-family homes are holding value, though market activity has slowed.
Condos/townhomes are experiencing rising inventory and declining prices, shifting negotiating leverage toward buyers.
Longer days on market across both segments indicate a less competitive environment compared to 2024.

Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996

11/17/2025

Considering Solar Panels? Investigate Companies Carefully

Rooftop solar panels have been extremely popular as an energy saving option in an era of rising electricity costs. But be careful before you buy or lease: there have been increased bankruptcies in the industry, and tariffs and inflation have also affected costs for solar panels. Government rebates, tax incentives and lower interest rates are already gone or will expire at the end of 2025. To find out how you may be affected if you have already bought or leased, or if you are planning to buy or lease, you can find a list of companies at Solar Insure naming companies that have gone out of business. To research current clean energy options, go to DSIRE for options in California (other states also included).

If you are stilling planning on installing solar panels, check out the Better Business Bureau website, and look up solar and installer reviews at https://www.solarreviews.com/

This is not only important for your pocket book now, but if you plan on selling, you should be up to date on information about your solar panels because this is information you must pass on to your buyers who will be inquiring about the status and/or cost of assuming a home with solar panels. The REALTOR Seller Property Questionnaire asks: