90802 market update

90802 Market Update

shannonjones Real Estate 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

With the exception of a few large fluctuations, home prices in 90802 have remained fairly constant in the past three years. A high peak of $912,000 occurred in August 2014. In February 2016 the median price of homes was $366,500. This is up just slightly from the month prior and up 4.7% from the year prior in February.

Active listings for single family homes for sale in 90802 have fluctuated a lot in the past three years. There were only five active listings in February 2016, but this is actually up 25% from February 2015.

Inventory in 90802 is low, but higher than Long Beach as a whole. Inventory was fairly balanced just a few months ago in January at 3.9 months. However, that number has since decreased. In February 2016 there was a 2.5 month supply of homes available. This reflects a 56.3% increase from the year prior in February.

Condominiums in 90802

The bulk of housing for sale in 90802 consists of condominiums. The median price of condos in 90802 has increased about $100,000 over the past three years. The median price reached a peak of $347,000 in January of this year and then dropped slightly last month. In February 2016, the median price of condos in 90802 was $335,000, which is up 21.6% from February 2015.

The number of active condo listings for sale in 90802 experienced a large surge in September 2014 but has declined significantly since then. In February 2016 there were 90 active listings.

The low number of active condo listings for sale in 90802 combined with relatively high demand translates into low inventory. In February 2016 there was a 2.2 month supply of condos on the market in 90802. A 4-6 month supply of homes is considered balanced between sellers and buyers so the current market strongly favors sellers.

Sellers Market

Inventory is low and demand is high in 90802. If you have been thinking about putting your home on the market in 90802, now is a great time!

Homes Sold in 90802

  1. 1 bed, 1 full bath
    Home size: 572 sq ft
    Lot size: 15,793 sqft
    Year built: 1959
  2. 2 beds, 2 full baths
    Home size: 810 sq ft
    Lot size: 9,905 sqft
    Year built: 1987
    Parking spots: 2
  3. 3 beds, 2 full baths
    Home size: 1,256 sq ft
    Lot size: 7,376 sqft
    Year built: 1912
    Parking spots: 5
  4. 2 beds, 1 full, 1 half baths
    Home size: 1,324 sq ft
    Lot size: 40,542 sqft
    Year built: 1990
    Parking spots: 4
  5. 1 bed, 1 full bath
    Home size: 693 sq ft
    Lot size: 8,263 sqft
    Year built: 1951
    Parking spots: 2
  6. 2 beds, 2 full baths
    Home size: 1,196 sq ft
    Lot size: 6,276 sqft
    Year built: 1911
    Parking spots: 8
  7. 2 beds, 1 full bath
    Home size: 873 sq ft
    Lot size: 7,501 sqft
    Year built: 1959
    Parking spots: 1
  8. 6 beds, 4 full, 2 half baths
    Home size: 3,563 sq ft
    Lot size: 8,241 sqft
    Year built: 1907
    Parking spots: 10
  9. 3 beds, 2 full baths
    Home size: 1,282 sq ft
    Lot size: 37,910 sqft
    Year built: 2000
    Parking spots: 4
  10. 2 beds, 2 full baths
    Home size: 1,030 sq ft
    Lot size: 1.10 ac
    Year built: 2008
    Parking spots: 4
  11. 2 beds, 1 full, 1 half baths
    Home size: 964 sq ft
    Lot size: 7,466 sqft
    Year built: 1981
    Parking spots: 4
  12. 1 bed, 1 full bath
    Home size: 680 sq ft
    Lot size: 3.10 ac
    Year built: 2004
    Parking spots: 2
  13. 2 beds, 2 full baths
    Home size: 910 sq ft
    Lot size: 20,530 sqft
    Year built: 1990
    Parking spots: 4
  14. 4 beds, 2 full, 1 half baths
    Home size: 1,871 sq ft
    Lot size: 4,588 sqft
    Year built: 1914
    Parking spots: 4
  15. 1 bed, 1 full bath
    Home size: 625 sq ft
    Lot size: 40,542 sqft
    Year built: 1990
    Parking spots: 4
  16. 2 beds, 1 full bath
    Home size: 1,143 sq ft
    Lot size: 11,285 sqft
    Year built: 1953
    Parking spots: 2
  17. 1 bed, 1 full bath
    Home size: 705 sq ft
    Lot size: 16,534 sqft
    Year built: 1928
    Parking spots: 1
  18. 2 beds, 1 full bath
    Home size: 845 sq ft
    Lot size: 453 sqft
    Year built: 1960
    Parking spots: 1
  19. 1 bed, 1 full bath
    Home size: 680 sq ft
    Lot size: 3.10 ac
    Year built: 2004
    Parking spots: 2
  20. 2 beds, 2 full baths
    Home size: 1,115 sq ft
    Lot size: 3.10 ac
    Year built: 2004
    Parking spots: 2
  21. 1 bed, 1 full bath
    Home size: 600 sq ft
    Lot size: 3.10 ac
    Year built: 2004
  22. 2 beds, 2 full, 1 three-quarter baths
    Home size: 1,932 sq ft
    Lot size: 40,542 sqft
    Year built: 1990
  23. 2 beds, 2 full baths
    Home size: 917 sq ft
    Lot size: 8,265 sqft
    Year built: 1985
  24. 2 beds, 2 full baths
    Home size: 957 sq ft
    Lot size: 32,324 sqft
    Year built: 1984
  25. 2 beds, 2 full baths
    Home size: 1,163 sq ft
    Lot size: 7,633 sqft
    Year built: 1958

See all Real estate in the 90802 zip code.
(all data current as of 4/27/2017)

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

90802 Homes in Escrow

  1. 0 beds, 1 three-quarter bath
    Home size: 876 sq ft
    Lot size: 15,028 sqft
    Year built: 1925
    Parking spots: 2
    Days on market: 0
  2. 1 bed, 1 full bath
    Home size: 700 sq ft
    Lot size: 26,438 sqft
    Year built: 1987
    Parking spots: 2
    Days on market: 6
  3. 2 beds, 2 full baths
    Home size: 920 sq ft
    Lot size: 34,912 sqft
    Year built: 1990
    Parking spots: 4
    Days on market: 6
  4. 1 bed, 1 full bath
    Home size: 625 sq ft
    Lot size: 40,544 sqft
    Year built: 1990
    Parking spots: 4
    Days on market: 8
  5. 1 bed, 1 full bath
    Home size: 576 sq ft
    Lot size: 13,245 sqft
    Year built: 1956
    Days on market: 8
  6. 2 beds, 2 full baths
    Home size: 1,080 sq ft
    Lot size: 33,206 sqft
    Year built: 1965
    Parking spots: 2
    Days on market: 9
  7. 2 beds, 2 full baths
    Home size: 916 sq ft
    Lot size: 29,273 sqft
    Year built: 1990
    Days on market: 10
  8. 1 bed, 1 full bath
    Home size: 684 sq ft
    Lot size: 1.31 ac
    Year built: 1973
    Parking spots: 2
    Days on market: 10
  9. 2 beds, 2 full baths
    Home size: 990 sq ft
    Lot size: 14,496 sqft
    Year built: 1989
    Parking spots: 4
    Days on market: 12
  10. 0 beds, 1 full bath
    Home size: 390 sq ft
    Lot size: 8,541 sqft
    Year built: 1922
    Days on market: 13
  11. 1 bed, 1 full bath
    Home size: 625 sq ft
    Lot size: 40,544 sqft
    Year built: 1990
    Parking spots: 4
    Days on market: 15
  12. 0 beds, 1 full bath
    Home size: 426 sq ft
    Lot size: 7,477 sqft
    Year built: 1924
    Days on market: 16
  13. 0 beds, 1 full bath
    Home size: 420 sq ft
    Lot size: 7,477 sqft
    Year built: 1924
    Days on market: 16
  14. 0 beds, 1 full bath
    Home size: 420 sq ft
    Lot size: 21,096 sqft
    Year built: 1922
    Days on market: 17
  15. 3 beds, 3 full baths
    Home size: 1,570 sq ft
    Lot size: 34,315 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 19
  16. 2 beds, 2 full baths
    Home size: 1,014 sq ft
    Lot size: 34,912 sqft
    Year built: 1990
    Parking spots: 4
    Days on market: 19
  17. 2 beds, 1 full bath
    Home size: 820 sq ft
    Lot size: 22,564 sqft
    Year built: 1958
    Days on market: 19
  18. 2 beds, 2 full baths
    Home size: 930 sq ft
    Lot size: 15,951 sqft
    Year built: 1983
    Parking spots: 4
    Days on market: 21
  19. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,070 sq ft
    Lot size: 16,473 sqft
    Year built: 1959
    Parking spots: 1
    Days on market: 22
  20. 2 beds, 2 full baths
    Home size: 1,017 sq ft
    Lot size: 29,273 sqft
    Year built: 1990
    Parking spots: 4
    Days on market: 24
  21. 2 beds, 2 full baths
    Home size: 1,384 sq ft
    Lot size: 8,271 sqft
    Year built: 1980
    Parking spots: 2
    Days on market: 24
  22. 1 bed, 1 full bath
    Home size: 679 sq ft
    Lot size: 24,837 sqft
    Year built: 1981
    Parking spots: 2
    Days on market: 24
  23. 1 bed, 1 full bath
    Home size: 637 sq ft
    Lot size: 8,259 sqft
    Year built: 1954
    Parking spots: 2
    Days on market: 27
  24. 3 beds, 2 full baths
    Home size: 1,846 sq ft
    Lot size: 19,814 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 27
  25. 1 bed, 1 full bath
    Home size: 575 sq ft
    Lot size: 7,510 sqft
    Year built: 1964
    Parking spots: 1
    Days on market: 29

See all Real estate in the 90802 zip code.
(all data current as of 4/27/2017)

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

Homes for Sale in 90802

  1. 3 beds, 2 full baths
    Home size: 1,330 sq ft
    Lot size: 37,471 sqft
    Year built: 2001
    Parking spots: 4
    Days on market: 1
  2. 2 beds, 2 full baths
    Home size: 1,660 sq ft
    Lot size: 33,443 sqft
    Year built: 2007
    Parking spots: 4
    Days on market: 1
  3. 2 beds, 2 full baths
    Home size: 1,290 sq ft
    Year built: 1984
    Parking spots: 4
    Days on market: 3
  4. 2 beds, 2 full baths
    Home size: 1,660 sq ft
    Year built: 2007
    Parking spots: 4
    Days on market: 3
  5. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,028 sq ft
    Lot size: 8,999 sqft
    Year built: 1982
    Parking spots: 4
    Days on market: 3
  6. 0 beds, 1 full bath
    Home size: 477 sq ft
    Lot size: 22,488 sqft
    Year built: 1925
    Days on market: 3
  7. 1 bed, 1 full bath
    Home size: 722 sq ft
    Lot size: 16,540 sqft
    Year built: 1958
    Days on market: 3
  8. 2 beds, 2 full baths
    Home size: 1,214 sq ft
    Lot size: 14,243 sqft
    Year built: 1953
    Parking spots: 2
    Days on market: 4
  9. 1 bed, 1 full bath
    Home size: 690 sq ft
    Lot size: 1.31 ac
    Year built: 1973
    Parking spots: 2
    Days on market: 5
  10. 1 bed, 1 full bath
    Home size: 495 sq ft
    Lot size: 15,951 sqft
    Year built: 1983
    Parking spots: 1
    Days on market: 6
  11. 2 beds, 2 full baths
    Home size: 820 sq ft
    Lot size: 7,421 sqft
    Year built: 1989
    Parking spots: 2
    Days on market: 6
  12. 2 beds, 2 full baths
    Home size: 908 sq ft
    Lot size: 1.25 ac
    Year built: 1991
    Parking spots: 4
    Days on market: 7
  13. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,325 sq ft
    Lot size: 28,577 sqft
    Year built: 1958
    Parking spots: 2
    Days on market: 7
  14. 3 beds, 2 full baths
    Home size: 1,319 sq ft
    Lot size: 840 sqft
    Year built: 2000
    Parking spots: 2
    Days on market: 7
  15. 2 beds, 2 full baths
    Home size: 982 sq ft
    Lot size: 10,997 sqft
    Year built: 1969
    Days on market: 8
  16. 1 bed, 1 full bath
    Home size: 680 sq ft
    Lot size: 2.77 ac
    Year built: 2004
    Parking spots: 1
    Days on market: 8
  17. 2 beds, 2 full baths
    Home size: 1,239 sq ft
    Lot size: 1.38 ac
    Year built: 2006
    Parking spots: 4
    Days on market: 8
  18. 3 beds, 2 full, 1 half baths
    Home size: 2,122 sq ft
    Lot size: 3,751 sqft
    Year built: 2007
    Parking spots: 7
    Days on market: 9
  19. 3 beds, 2 full baths
    Home size: 1,428 sq ft
    Lot size: 4,508 sqft
    Year built: 1919
    Parking spots: 5
    Days on market: 9
  20. 1 bed, 1 full bath
    Home size: 600 sq ft
    Lot size: 2.77 ac
    Year built: 2004
    Parking spots: 1
    Days on market: 9
  21. 2 beds, 2 full baths
    Home size: 1,259 sq ft
    Lot size: 19,814 sqft
    Year built: 2001
    Parking spots: 4
    Days on market: 9
  22. 2 beds, 2 full baths
    Home size: 993 sq ft
    Lot size: 1.02 ac
    Year built: 1975
    Parking spots: 2
    Days on market: 10
  23. 1 bed, 1 full bath
    Home size: 586 sq ft
    Year built: 1957
    Days on market: 13
  24. 2 beds, 2 full baths
    Home size: 1,422 sq ft
    Lot size: 15,018 sqft
    Year built: 1970
    Parking spots: 2
    Days on market: 13
  25. 2 beds, 1 full bath
    Home size: 1,052 sq ft
    Lot size: 3,146 sqft
    Year built: 1918
    Parking spots: 2
    Days on market: 14

See all Real estate in the 90802 zip code.
(all data current as of 4/27/2017)

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

Free Home Evaluation

The value of your home has most certainly changed since you bought it! Take a few seconds to fill out the form below and we'll prepare an expert market analysis of your home at no cost!
  • Tell us a little bit about your situation
  • Where is the property located?
  • Who can we contact with your completed market analysis?
About the Author

shannonjones

Facebook Twitter Google+

Shannon Jones has been helping home buyers and sellers in and around Long Beach since 1998.

Leave a Reply

Your email address will not be published. Required fields are marked *