90802

90802 Market Update

shannonjones CA , California , City of Long Beach , Downtown Long Beach , Long Beach , Long Beach Condos , long beach homes , Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

September Market Update for the 90802 area of Long Beach, CA.

Real Estate Statistics for Downtown, East Village, and Alamitos Beach.

 

The number of closed home sales in the 90802 area have been a bit sporadic in the last year, but for the month of August, there were 5 closed sales, up from 4 in the month of July.

 

Though in Long Beach as a whole, the month’s supply of homes has gone down, the opposite has happened in 90802. Currently there is a 3.6 months supply of home, which is 33.3% higher than this time last year.

 

For the past several months, median home sales prices for 90802 have been falling. Currently the median sales price is at $120,000 and is the second lowest point of 2015.

 

Homes in Long Beach have been selling very quickly due to a hot market, and 90802 is no exception. The median days on market for single family homes was at 44 in August, down 22 days from June of this year.

 

Condos in 90802

The 90802 area of Long Beach is full of condos, many of which are in very desirable locations. It should come to no surprise then that closed sales for condos have been high most of 2015. In August there were 43 closed sales, up 26.5% from this time last year.

 

Median sales prices for condos have been climbing over the years, and this year is no exception. The median condo sales price for 90802 in August was $300,000, up 16.1% from this time last year.

 

Due to the popularity of 90802 condos, the months supply of inventory has been dropping all year, and is currently at 2.9. That is 46.3% less than last year’s supply.

 

A Perfect Market for Sellers

If you are thinking of selling your home or condo in 90802, now is the perfect time! Supply is low and demand is high. And so are the prices!

If you are curious about what your home is worth, take a few seconds to fill out the form below and we’ll prepare an expert market analysis of your home at no cost!

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?

 

If you would like to see how 90802 compares to the rest of Long Beach, click here for the full Market Report.

 

Current Homes for Sale in 90802

$649,900
For Sale
3
Beds
2
Baths
1,920
Sq Ft
416 N Virginia Court
Long Beach, CA 90802
Single Family Residence - Active

Current Condos for Sale in 90802

$1,390,000
For Sale
2
Beds
2
Baths
2,310
Sq Ft
488 E Ocean Boulevard #P14
Long Beach, CA 90802
Condo - Active
New Listing - 3 weeks online
$1,250,000
For Sale
2
Beds
2
Baths
1,587
Sq Ft
850 E Ocean #1604
Long Beach, CA 90802
Condo - Active
$1,250,000
For Sale
3
Beds
2
Baths
1,500
Sq Ft
1500 E Ocean Boulevard #201
Long Beach, CA 90802
Condo - Active Under Contract
$1,099,800
For Sale
2
Beds
2
Baths
1,259
Sq Ft
1400 E Ocean Boulevard #1205
Long Beach, CA 90802
Condo - Active
New Listing - a week online
$1,090,000
For Sale
3
Beds
2
Baths
1,760
Sq Ft
400 W Ocean Boulevard #2203
Long Beach, CA 90802
Condo - Active
$990,000
For Sale
2
Beds
2
Baths
1,377
Sq Ft
850 E Ocean Boulevard E #1403
Long Beach, CA 90802
Condo - Active
$989,900
For Sale
2
Beds
2
Baths
1,460
Sq Ft
400 W Ocean Boulevard #2901
Long Beach, CA 90802
Condo - Active
New Listing - 14 hours online
$929,000
For Sale
2
Beds
2
Baths
1,369
Sq Ft
850 E Ocean Boulevard #706
Long Beach, CA 90802
Condo - Active Under Contract
$925,000
For Sale
3
Beds
2
Baths
1,760
Sq Ft
400 W Ocean #1403
Long Beach, CA 90802
Condo - Active
New Listing - 3 days online
$899,000
For Sale
2
Beds
2
Baths
1,377
Sq Ft
850 E Ocean Boulevard #1203
Long Beach, CA 90802
Condo - Active
New Listing - 6 days online
$850,000
For Sale
2
Beds
2
Baths
1,542
Sq Ft
850 E Ocean Boulevard #911
Long Beach, CA 90802
Condo - Active
New Listing - 3 days online
$799,900
For Sale
2
Beds
2
Baths
1,313
Sq Ft
525 E Seaside Way #409
Long Beach, CA 90802
Condo - Active
New Listing - 2 weeks online
$789,000
For Sale
2
Beds
2
Baths
1,080
Sq Ft
700 E Ocean Boulevard #2405
Long Beach, CA 90802
Condo - Active
$775,000
For Sale
3
Beds
2
Baths
1,455
Sq Ft
1500 E Ocean Boulevard #615
Long Beach, CA 90802
Condo - Active Under Contract
$760,000
For Sale
2
Beds
1
Baths
1,540
Sq Ft
1310 E Ocean Boulevard #607
Long Beach, CA 90802
Condo - Active
$760,000
For Sale
1
Beds
1
Baths
1,017
Sq Ft
1310 E Ocean Boulevard #B33
Long Beach, CA 90802
Condo - Active Under Contract
New Listing - 2 weeks online
$759,000
For Sale
2
Beds
1
Baths
1,080
Sq Ft
700 E Ocean Boulevard #3105
Long Beach, CA 90802
Condo - Active
$699,900
For Sale
3
Beds
2
Baths
1,260
Sq Ft
700 E Ocean Boulevard #808
Long Beach, CA 90802
Condo - Active
Short Sale
$699,000
For Sale
2
Beds
2
Baths
1,660
Sq Ft
400 W Ocean Boulevard #1804
Long Beach, CA 90802
Condo - Active Under Contract
New Listing - yesterday
$699,000
For Sale
2
Beds
2
Baths
1,360
Sq Ft
400 W Ocean Boulevard #206
Long Beach, CA 90802
Condo - Active
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