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: 623 sq ft
    Lot size: 8,268 sqft
    Year built: 1955
  2. 3 beds, 2 full baths
    Home size: 1,260 sq ft
    Lot size: 33,206 sqft
    Year built: 1965
    Parking spots: 1
  3. 2 beds, 1 full bath
    Home size: 834 sq ft
    Lot size: 16,530 sqft
    Year built: 1959
  4. 2 beds, 2 full, 1 half baths
    Home size: 1,646 sq ft
    Lot size: 31,164 sqft
    Year built: 1992
    Parking spots: 2
  5. 1 bed, 1 full bath
    Home size: 592 sq ft
    Lot size: 16,547 sqft
    Year built: 1958
    Parking spots: 1
  6. 1 bed, 1 full bath
    Home size: 814 sq ft
    Lot size: 28,369 sqft
    Year built: 1976
    Parking spots: 2
  7. 1 bed, 1 full bath
    Home size: 1,023 sq ft
    Lot size: 1.01 ac
    Year built: 2006
    Parking spots: 1
  8. 1 bed, 1 full bath
    Home size: 504 sq ft
    Lot size: 932 sqft
    Year built: 1913
  9. 1 bed, 1 full bath
    Home size: 622 sq ft
    Year built: 1990
    Parking spots: 2
  10. 1 bed, 1 full bath
    Home size: 622 sq ft
    Lot size: 40,544 sqft
    Year built: 1990
    Parking spots: 2
  11. 1 bed, 1 full bath
    Home size: 629 sq ft
    Lot size: 33,498 sqft
    Year built: 1928
  12. 1 bed, 1 full bath
    Home size: 623 sq ft
    Lot size: 8,268 sqft
    Year built: 1955
  13. 1 bed, 1 full bath
    Home size: 684 sq ft
    Lot size: 29,224 sqft
    Year built: 1984
    Parking spots: 1
  14. 2 beds, 2 full baths
    Home size: 907 sq ft
    Lot size: 22,575 sqft
    Year built: 1988
    Parking spots: 2
  15. 1 bed, 1 full bath
    Home size: 689 sq ft
    Lot size: 1.02 ac
    Year built: 1975
    Parking spots: 1
  16. 2 beds, 2 full baths
    Home size: 957 sq ft
    Lot size: 32,280 sqft
    Year built: 1987
    Parking spots: 2
  17. 1 bed, 1 full bath
    Home size: 1,013 sq ft
    Lot size: 1.59 ac
    Year built: 1992
    Parking spots: 1
  18. 2 beds, 2 full baths
    Home size: 930 sq ft
    Lot size: 15,993 sqft
    Year built: 1983
    Parking spots: 2
  19. 2 beds, 1 full, 1 half baths
    Home size: 1,770 sq ft
    Year built: 2006
    Parking spots: 2
  20. 2 beds, 2 full baths
    Home size: 990 sq ft
    Lot size: 2.77 ac
    Year built: 2004
    Parking spots: 2
  21. 0 beds, 1 full bath
    Home size: 441 sq ft
    Lot size: 7,480 sqft
    Year built: 1913
  22. 1 bed, 1 full bath
    Home size: 657 sq ft
    Year built: 1959
    Parking spots: 1
  23. 1 bed, 1 full bath
    Home size: 619 sq ft
    Lot size: 10,650 sqft
    Year built: 1971
  24. 1 bed, 1 full bath
    Home size: 680 sq ft
    Lot size: 2.77 ac
    Year built: 2004
    Parking spots: 1
  25. 2 beds, 1 full bath
    Home size: 820 sq ft
    Lot size: 22,564 sqft
    Year built: 1958

See all Real estate in the 90802 zip code.
(all data current as of 3/28/2017)

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

90802 Homes in Escrow

  1. 1 bed, 1 full bath
    Home size: 644 sq ft
    Lot size: 7,571 sqft
    Year built: 1972
    Parking spots: 1
    Days on market: 5
  2. 3 beds, 2 full baths
    Home size: 1,290 sq ft
    Lot size: 34,315 sqft
    Year built: 2008
    Parking spots: 2
    Days on market: 6
  3. 1 bed, 1 full bath
    Home size: 666 sq ft
    Lot size: 20,546 sqft
    Year built: 1972
    Parking spots: 1
    Days on market: 8
  4. 3 beds, 3 full baths
    Home size: 1,570 sq ft
    Lot size: 34,315 sqft
    Year built: 2008
    Parking spots: 2
    Days on market: 10
  5. 1 bed, 2 full baths
    Home size: 1,030 sq ft
    Lot size: 1.10 ac
    Year built: 2008
    Parking spots: 1
    Days on market: 11
  6. 1 bed, 1 full bath
    Home size: 536 sq ft
    Lot size: 22,488 sqft
    Year built: 1925
    Days on market: 11
  7. 1 bed, 1 full, 1 half baths
    Home size: 933 sq ft
    Lot size: 24,837 sqft
    Year built: 1981
    Parking spots: 1
    Days on market: 12
  8. 2 beds, 2 full baths
    Home size: 990 sq ft
    Lot size: 2.77 ac
    Year built: 2004
    Parking spots: 2
    Days on market: 13
  9. 1 bed, 1 full bath
    Home size: 703 sq ft
    Lot size: 19,946 sqft
    Year built: 1923
    Days on market: 14
  10. 0 beds, 1 full bath
    Home size: 550 sq ft
    Lot size: 22,564 sqft
    Year built: 1958
    Days on market: 15
  11. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,022 sq ft
    Lot size: 10,623 sqft
    Year built: 1959
    Parking spots: 1
    Days on market: 17
  12. 2 beds, 1 full bath
    Home size: 830 sq ft
    Lot size: 10,623 sqft
    Year built: 1959
    Parking spots: 1
    Days on market: 17
  13. 1 bed, 1 full bath
    Home size: 697 sq ft
    Lot size: 2.19 ac
    Year built: 1985
    Parking spots: 1
    Days on market: 18
  14. 1 bed, 1 full bath
    Home size: 622 sq ft
    Year built: 1990
    Parking spots: 2
    Days on market: 20
  15. 1 bed, 1 full bath
    Home size: 666 sq ft
    Lot size: 20,546 sqft
    Year built: 1972
    Parking spots: 1
    Days on market: 20
  16. 1 bed, 1 full bath
    Home size: 780 sq ft
    Lot size: 9,075 sqft
    Year built: 1965
    Parking spots: 1
    Days on market: 20
  17. 1 bed, 1 full bath
    Home size: 623 sq ft
    Lot size: 7,548 sqft
    Year built: 1954
    Days on market: 22
  18. 2 beds, 2 full baths
    Home size: 1,001 sq ft
    Lot size: 16,532 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 24
  19. 1 bed, 1 full bath
    Home size: 680 sq ft
    Lot size: 34,315 sqft
    Year built: 2008
    Parking spots: 1
    Days on market: 26
  20. 2 beds, 2 full, 1 half baths
    Home size: 1,884 sq ft
    Lot size: 1.59 ac
    Year built: 1992
    Parking spots: 2
    Days on market: 27
  21. 1 bed, 1 full bath
    Home size: 712 sq ft
    Lot size: 16,526 sqft
    Year built: 1977
    Parking spots: 1
    Days on market: 29
  22. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,155 sq ft
    Lot size: 1.25 ac
    Year built: 1991
    Parking spots: 2
    Days on market: 30
  23. 2 beds, 2 full baths
    Home size: 906 sq ft
    Lot size: 1.25 ac
    Year built: 1991
    Parking spots: 2
    Days on market: 33
  24. 1 bed, 1 full bath
    Home size: 990 sq ft
    Lot size: 42,888 sqft
    Year built: 1984
    Parking spots: 2
    Days on market: 35
  25. 1 bed, 1 full bath
    Home size: 980 sq ft
    Lot size: 33,443 sqft
    Year built: 2007
    Parking spots: 1
    Days on market: 35

See all Real estate in the 90802 zip code.
(all data current as of 3/28/2017)

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

Homes for Sale in 90802

  1. 3 beds, 3 full baths
    Home size: 1,760 sq ft
    Lot size: 33,443 sqft
    Year built: 2007
    Days on market: 1
  2. 3 beds, 2 three-quarter baths
    Home size: 1,600 sq ft
    Lot size: 3,307 sqft
    Year built: 1918
    Parking spots: 1
    Days on market: 1
  3. 2 beds, 3 full baths
    Home size: 3,070 sq ft
    Lot size: 42,888 sqft
    Year built: 1984
    Parking spots: 2
    Days on market: 1
  4. 2 beds, 2 full baths
    Home size: 957 sq ft
    Lot size: 32,280 sqft
    Year built: 1987
    Parking spots: 1
    Days on market: 1
  5. 1 bed, 1 full bath
    Home size: 750 sq ft
    Lot size: 34,315 sqft
    Year built: 2008
    Parking spots: 2
    Days on market: 5
  6. 1 bed, 2 full baths
    Home size: 880 sq ft
    Lot size: 33,206 sqft
    Year built: 1965
    Parking spots: 1
    Days on market: 6
  7. 2 beds, 2 full baths
    Home size: 1,034 sq ft
    Lot size: 10,650 sqft
    Year built: 1971
    Parking spots: 1
    Days on market: 7
  8. 1 bed, 1 full bath
    Home size: 586 sq ft
    Lot size: 14,992 sqft
    Year built: 1957
    Days on market: 7
  9. 1 bed, 1 full bath
    Home size: 880 sq ft
    Lot size: 33,206 sqft
    Year built: 1965
    Parking spots: 1
    Days on market: 7
  10. 1 bed, 1 full bath
    Home size: 600 sq ft
    Lot size: 22,564 sqft
    Year built: 1958
    Days on market: 7
  11. 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: 7
  12. 1 bed, 1 full bath
    Home size: 732 sq ft
    Lot size: 1.31 ac
    Year built: 1973
    Days on market: 7
  13. 2 beds, 2 full baths
    Home size: 907 sq ft
    Lot size: 1.25 ac
    Year built: 1991
    Parking spots: 2
    Days on market: 8
  14. 3 beds, 3 full baths
    Home size: 1,788 sq ft
    Lot size: 1.59 ac
    Year built: 1992
    Parking spots: 2
    Days on market: 8
  15. 2 beds, 2 full baths
    Home size: 907 sq ft
    Lot size: 1.25 ac
    Year built: 1991
    Days on market: 8
  16. 2 beds, 1 full bath
    Home size: 688 sq ft
    Lot size: 1,293 sqft
    Year built: 1914
    Days on market: 10
  17. 1 bed, 1 full bath
    Home size: 759 sq ft
    Year built: 1973
    Parking spots: 1
    Days on market: 10
  18. 2 beds, 2 full baths
    Home size: 1,660 sq ft
    Year built: 2007
    Parking spots: 2
    Days on market: 10
  19. 2 beds, 2 full baths
    Home size: 1,400 sq ft
    Lot size: 25,047 sqft
    Year built: 1985
    Days on market: 11
  20. 2 beds, 2 full, 1 half baths
    Home size: 2,032 sq ft
    Year built: 1992
    Parking spots: 2
    Days on market: 11
  21. 3 beds, 2 full, 1 half baths
    Home size: 1,760 sq ft
    Lot size: 33,443 sqft
    Year built: 2007
    Days on market: 11
  22. 2 beds, 2 full baths
    Home size: 1,112 sq ft
    Lot size: 40,544 sqft
    Year built: 1990
    Parking spots: 2
    Days on market: 12
  23. 3 beds, 1 full bath
    Home size: 1,404 sq ft
    Lot size: 5,415 sqft
    Year built: 1924
    Parking spots: 2
    Days on market: 13
  24. 2 beds, 2 full baths
    Home size: 915 sq ft
    Lot size: 6,752 sqft
    Year built: 1987
    Parking spots: 2
    Days on market: 16
  25. 1 bed, 1 full bath
    Home size: 432 sq ft
    Lot size: 14,924 sqft
    Year built: 1955
    Days on market: 18

See all Real estate in the 90802 zip code.
(all data current as of 3/28/2017)

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

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About the Author

shannonjones

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

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