90802 market update

90802 Market Update

shannonjones Long Beach Real Estate , Real Estate Market Update Leave a Comment

90802 Market Update: Real Estate Statistics and Information for the 90802 Areas of Long Beach, CA

Including the Neighborhoods of Downtown, East Village, and Alamitos Beach

The price of homes in 90802 have remained fairly consistent, with the exception of a major price surge in August 2014. At $291,000 in January 2016, the median price is 36% lower than the year prior in January. However, 90802 is a mostly condominium filled area of Long Beach so the number of condos sold in 90802 far exceeds single family homes sold.

In January 2016 there were seven active single family home listings and one closed sale. The number of active listings has fluctuated a lot in 90802. However, the market has way more active condominium listings.

After a dip in December, the inventory of single family homes in 90802 iincreased in January 2016, rising to a 3.9 month supply of homes on the market. This reflects a 95% increase from January 2015.

Condominiums in 90802

The price of condominiums in 90802 is higher than it’s been for several years. Since 2013, condominium prices have increased fairly steadily. In January 2016, the median price was $347,000, which reflects a 31.2% increase from the year prior in January. Just in the past two months, the median price increased from $290,000 to $347,000.

The number of active condo listings in 90802 is quite low. In January 2016 there were 89 active listings, down 21.2% from the year prior and at the lowest level since early 2013.

Coinciding with the low number of active listings, inventory is also very low. In January 2016, there was a 2.2 month supply of condos on the market in 90802, which reflects a 37.1% decrease from the year prior in January. Overall, inventory has not been this low since March 2013.

Bottom Line

The market is extremely competitive for those looking to buy a condominium in 90802. For sellers this means a high rate of return can be expected. If you are thinking about selling or buying a single family home in 90802, the market is quite balanced, meaning both sellers and buyers can benefit equally.

Homes Sold in 90802

  1. 2 beds, 1 full bath
    Home size: 838 sq ft
    Lot size: 2,507 sqft
  2. 2 beds, 1 full bath
    Home size: 872 sq ft
    Lot size: 2,985 sqft
  3. 1 bed, 1 full bath
    Home size: 850 sq ft
    Lot size: 1,490 sqft
  4. 2 beds, 1 full bath
    Home size: 970 sq ft
    Lot size: 2,519 sqft
  5. 2 beds, 1 full bath
    Home size: 900 sq ft
    Lot size: 3,002 sqft
  6. 2 beds, 1 full bath
    Home size: 838 sq ft
    Lot size: 2,507 sqft
  7. 2 beds, 1 full bath
    Home size: 978 sq ft
    Lot size: 1,444 sqft
  8. 2 beds, 1 full bath
    Home size: 723 sq ft
    Lot size: 2,463 sqft
  9. 4 beds, 3 full baths
    Home size: 1,824 sq ft
    Lot size: 3,685 sqft
  10. 2 beds, 1 full bath
    Home size: 914 sq ft
    Lot size: 881 sqft
  11. 2 beds, 2 full baths
    Home size: 1,139 sq ft
    Lot size: 3,559 sqft
  12. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,192 sq ft
    Lot size: 7,514 sqft
  13. 6 beds, 4 full baths
    Home size: 3,529 sq ft
    Lot size: 8,267 sqft
  14. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,150 sq ft
    Lot size: 1,654 sqft
  15. 3 beds, 2 full baths
    Home size: 1,256 sq ft
    Lot size: 7,376 sqft
  16. 2 beds, 2 full baths
    Home size: 1,196 sq ft
    Lot size: 6,276 sqft
  17. 6 beds, 4 full, 2 half baths
    Home size: 3,563 sq ft
    Lot size: 8,241 sqft
  18. 4 beds, 2 full, 1 half baths
    Home size: 1,871 sq ft
    Lot size: 4,588 sqft
  19. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,598 sq ft
    Lot size: 2,332 sqft
  20. 3 beds, 2 full baths
    Home size: 1,204 sq ft
    Lot size: 1,729 sqft
  21. 2 beds, 1 full bath
    Home size: 688 sq ft
    Lot size: 1,293 sqft
  22. 1 bed, 1 full bath
    Home size: 504 sq ft
    Lot size: 932 sqft
  23. 3 beds, 1 full, 1 half baths
    Home size: 1,747 sq ft
    Lot size: 1,816 sqft
  24. 3 beds, 1 full, 1 half baths
    Home size: 1,780 sq ft
  25. 3 beds, 1 full, 1 half baths
    Home size: 1,264 sq ft
    Lot size: 3,304 sqft

See all Real estate in the 90802 zip code.
(all data current as of 5/29/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

90802 Homes in Escrow

  1. 3 beds, 2 full baths
    Home size: 1,428 sq ft
    Lot size: 4,508 sqft
  2. 2 beds, 1 full bath
    Home size: 1,052 sq ft
    Lot size: 3,146 sqft
  3. 3 beds, 2 full, 1 three-quarter baths
    Home size: 1,296 sq ft
    Lot size: 3,523 sqft
  4. 3 beds, 2 full, 1 half baths
    Home size: 1,596 sq ft
    Lot size: 3,370 sqft
  5. 3 beds, 2 three-quarter baths
    Home size: 1,479 sq ft
    Lot size: 3,307 sqft
  6. 4 beds, 5 full baths
    Home size: 3,200 sq ft
    Lot size: 8,669 sqft
  7. 4 beds, 2 full, 1 three-quarter baths
    Home size: 2,550 sq ft
    Lot size: 4,630 sqft
  8. 3 beds, 2 full baths
    Home size: 1,204 sq ft
    Lot size: 1,729 sqft

See all Real estate in the 90802 zip code.
(all data current as of 5/29/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Homes for Sale in 90802

  1. 3 beds, 2 full, 1 half baths
    Home size: 2,122 sq ft
    Lot size: 3,751 sqft
  2. 3 beds, 2 full baths
    Home size: 993 sq ft
    Lot size: 4,075 sqft
  3. 3 beds, 1 full bath
    Home size: 1,404 sq ft
    Lot size: 5,415 sqft

See all Real estate in the 90802 zip code.
(all data current as of 5/29/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Condos Sold in 90802

  1. 1 bed, 1 full bath
    Home size: 572 sq ft
    Lot size: 15,793 sqft
  2. 1 bed, 1 full bath
    Home size: 601 sq ft
    Lot size: 8,233 sqft
  3. 2 beds, 2 full baths
    Home size: 1,000 sq ft
    Lot size: 1,000 sqft
  4. 2 beds, 2 full baths
    Home size: 1,215 sq ft
    Lot size: 15,018 sqft
  5. 3 beds, 2 full baths
    Home size: 1,556 sq ft
    Lot size: 37,471 sqft
  6. 2 beds, 1 full, 1 three-quarter baths
    Home size: 891 sq ft
  7. 2 beds, 1 full bath
    Home size: 887 sq ft
    Lot size: 4,536 sqft
  8. 1 bed, 1 full bath
    Home size: 666 sq ft
  9. 3 beds, 2 full baths
    Home size: 1,260 sq ft
    Lot size: 33,206 sqft
  10. 1 bed, 1 full bath
    Home size: 680 sq ft
    Lot size: 3.10 ac
  11. 1 bed, 1 full bath
    Home size: 664 sq ft
    Lot size: 20,451 sqft
  12. 1 bed, 1 full bath
    Home size: 591 sq ft
    Lot size: 7,571 sqft
  13. 2 beds, 2 full baths
    Home size: 906 sq ft
    Lot size: 1.25 ac
  14. 2 beds, 2 full baths
    Home size: 1,067 sq ft
  15. 1 bed, 1 full bath
    Home size: 680 sq ft
    Lot size: 3.10 ac
  16. 1 bed, 1 full bath
    Home size: 677 sq ft
    Lot size: 7,501 sqft
  17. 2 beds, 2 full baths
    Home size: 904 sq ft
    Lot size: 21,377 sqft
  18. 2 beds, 1 full bath
    Home size: 820 sq ft
    Lot size: 8,541 sqft
  19. 1 bed, 1 full bath
    Home size: 1,029 sq ft
    Lot size: 20,451 sqft
  20. 1 bed, 1 full bath
    Home size: 960 sq ft
    Lot size: 42,888 sqft
  21. 1 bed, 1 full bath
    Home size: 704 sq ft
    Lot size: 40,542 sqft
  22. 1 bed, 1 full bath
    Home size: 792 sq ft
    Lot size: 16,512 sqft
  23. 1 bed, 1 full bath
    Home size: 600 sq ft
    Lot size: 3.10 ac
  24. 1 bed, 1 full bath
    Home size: 759 sq ft
    Lot size: 22,488 sqft
  25. 1 bed, 1 full, 1 quarter baths
    Home size: 1,029 sq ft
    Lot size: 20,451 sqft

See all Real estate in the 90802 zip code.
(all data current as of 5/29/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

90802 Condos in Escrow

  1. 3 beds, 2 full baths
    Home size: 1,952 sq ft
    Lot size: 37,396 sqft
  2. 2 beds, 1 full, 1 half baths
    Home size: 1,034 sq ft
  3. 1 bed, 1 full bath
    Home size: 701 sq ft
    Lot size: 33,498 sqft
  4. 2 beds, 2 full baths
    Home size: 993 sq ft
    Lot size: 1.02 ac
  5. 2 beds, 1 full bath
    Home size: 926 sq ft
    Lot size: 16,534 sqft
  6. 0 beds, 1 full bath
    Home size: 616 sq ft
  7. 0 beds, 1 full bath
    Home size: 420 sq ft
  8. 2 beds, 1 full, 1 half baths
    Home size: 1,031 sq ft
    Lot size: 24,837 sqft
  9. 1 bed, 1 full bath
    Home size: 846 sq ft
  10. 0 beds, 1 full bath
    Home size: 527 sq ft
    Lot size: 19,946 sqft
  11. 2 beds, 2 full baths
    Home size: 945 sq ft
    Lot size: 29,273 sqft
  12. 2 beds, 2 full baths
    Home size: 1,087 sq ft
    Lot size: 8,286 sqft
  13. 1 bed, 1 full bath
    Home size: 667 sq ft
    Lot size: 10,650 sqft
  14. 2 beds, 2 full baths
    Home size: 1,313 sq ft
    Lot size: 40,544 sqft
  15. 2 beds, 2 full baths
    Home size: 1,030 sq ft
    Lot size: 8,264 sqft
  16. 2 beds, 1 full, 1 half baths
    Home size: 878 sq ft
    Lot size: 14,827 sqft
  17. 2 beds, 2 full baths
    Home size: 908 sq ft
    Lot size: 1.25 ac
  18. 1 bed, 1 full bath
    Home size: 720 sq ft
    Lot size: 1.31 ac
  19. 3 beds, 3 full baths
    Home size: 1,760 sq ft
    Lot size: 33,443 sqft
  20. 2 beds, 1 full bath
    Home size: 862 sq ft
    Lot size: 4,536 sqft
  21. 1 bed, 1 full bath
    Home size: 528 sq ft
    Lot size: 33,498 sqft
  22. 0 beds, 1 full bath
    Home size: 1,463 sq ft
  23. 1 bed, 1 full bath
    Home size: 642 sq ft
    Lot size: 20,256 sqft
  24. 2 beds, 2 full baths
    Home size: 1,290 sq ft
  25. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,028 sq ft
    Lot size: 8,999 sqft

See all Real estate in the 90802 zip code.
(all data current as of 5/29/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Condos for Sale in 90802

  1. 2 beds, 2 full baths
    Home size: 1,214 sq ft
    Lot size: 14,243 sqft
  2. 2 beds, 2 full baths
    Home size: 926 sq ft
    Lot size: 20,546 sqft
  3. 1 bed, 1 full bath
    Home size: 845 sq ft
    Lot size: 1.19 ac
  4. 2 beds, 2 full baths
    Home size: 1,018 sq ft
    Lot size: 8,286 sqft
  5. 2 beds, 2 full baths
    Home size: 1,310 sq ft
    Lot size: 40,543 sqft
  6. 2 beds, 2 full baths
    Home size: 900 sq ft
    Lot size: 8,247 sqft
  7. 2 beds, 2 full baths
    Home size: 914 sq ft
  8. 2 beds, 2 full baths
    Home size: 1,369 sq ft
    Lot size: 1.59 ac
  9. 2 beds, 2 full baths
    Home size: 1,377 sq ft
    Lot size: 1.59 ac
  10. 1 bed, 1 full bath
    Home size: 680 sq ft
    Lot size: 2.77 ac
  11. 3 beds, 2 full baths
    Home size: 1,510 sq ft
    Lot size: 15,947 sqft
  12. 2 beds, 2 full baths
    Home size: 1,000 sq ft
    Lot size: 2.77 ac
  13. 2 beds, 1 full bath
    Home size: 907 sq ft
    Lot size: 7,215 sqft
  14. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,070 sq ft
    Lot size: 33,443 sqft
  15. 2 beds, 2 full baths
    Home size: 995 sq ft
    Lot size: 16,473 sqft
  16. 2 beds, 2 full baths
    Home size: 867 sq ft
    Lot size: 30,775 sqft
  17. 1 bed, 1 full bath
    Home size: 623 sq ft
    Lot size: 7,548 sqft
  18. 3 beds, 2 full baths
    Home size: 1,310 sq ft
    Lot size: 14,496 sqft
  19. 1 bed, 1 full bath
    Home size: 1,889 sq ft
    Lot size: 15,028 sqft
  20. 1 bed, 1 full bath
    Home size: 760 sq ft
    Lot size: 1.38 ac
  21. 2 beds, 1 full bath
    Home size: 816 sq ft
    Lot size: 1.24 ac
  22. 2 beds, 2 full baths
    Home size: 1,110 sq ft
    Lot size: 33,498 sqft
  23. 1 bed, 1 full bath
    Home size: 881 sq ft
    Lot size: 1.59 ac
  24. 3 beds, 2 full baths
    Home size: 1,551 sq ft
    Lot size: 37,910 sqft
  25. 1 bed, 1 full bath
    Home size: 624 sq ft
    Lot size: 1.24 ac

See all Real estate in the 90802 zip code.
(all data current as of 5/29/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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