90803 market update

90803 Market Update

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

February 2016 Real Estate Market Update for 90803 Area of Long Beach, CA

90803 Market Update Includes the Neighborhoods of Belmont Shore, Belmont Park, Belmont Heights, Naples, the Peninsula, Bluff Park, Bluff Heights, Spinnaker Bay and Spinnaker Cove, University Park Estates, and Bixby Village

The median home price in 90803 was $985,500 in February 2016, which is  up 13% from a year ago. In February 2016 the median home price was $985,500. Prices have been somewhat sporadic in 90803 and last month’s median price is below several peaks that occurred last year.

In general, the number of active listings on the market in 90803 has increased in the summer months. However, there has been a lot of fluctuation with periods of extreme highs and lows. As of February 2016, there were 65 homes for sale in 90803.

Inventory in 90803 is actually fairly balanced. Though most areas of Long Beach are experiencing a home supply of two months or less, 90803 had a 3.6 month supply of homes on the market as of February 2016.

Condominiums in 90803

Though condominium prices have fluctuated a lot in 90803, the median price in February 2016 was higher than it’s been for a couple years. At $489,450, the median condo price in 90803 was 28% higher than a year ago.

Active listings increased from 22 to 28 in the last month but are still down 28.2% from February 2015.

Though inventory of single family homes is fairly balanced, condominium inventory is fairly low. The month supply climbed a bit from last month, but there is still just a two month supply. This is 44.4% lower than a year ago in February.

Bottom Line

Now is a great time for both buyers and sellers of single family homes in 90803. The market is more favorable for condominium sellers though. If you are thinking about putting your condo on the market, give us a call and we can help!

Homes Sold in 90803

  1. 1 bed, 1 full bath
    Home size: 561 sq ft
    Lot size: 2,413 sqft
  2. 3 beds, 2 full baths
    Home size: 1,269 sq ft
    Lot size: 11,146 sqft
  3. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,298 sq ft
    Lot size: 2,889 sqft
  4. 3 beds, 3 full baths
    Home size: 1,882 sq ft
    Lot size: 22.47 ac
  5. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,227 sq ft
    Lot size: 2,320 sqft
  6. 3 beds, 2 full, 1 half baths
    Home size: 1,741 sq ft
    Lot size: 2,400 sqft
  7. 2 beds, 1 full bath
    Home size: 1,324 sq ft
    Lot size: 6,341 sqft
  8. 2 beds, 1 full bath
    Home size: 847 sq ft
    Lot size: 8,189 sqft
  9. 5 beds, 5 full, 1 half baths
    Home size: 3,964 sq ft
    Lot size: 2,607 sqft
  10. 3 beds, 1 full, 2 three-quarter baths
    Home size: 3,311 sq ft
    Lot size: 2,455 sqft
  11. 1 bed, 1 full bath
    Home size: 873 sq ft
    Lot size: 22.47 ac
  12. 4 beds, 2 full, 1 half baths
    Home size: 3,498 sq ft
    Lot size: 2,394 sqft
  13. 3 beds, 3 full baths
    Home size: 1,746 sq ft
  14. 6 beds, 6 full, 1 half baths
    Home size: 9,672 sq ft
    Lot size: 9,413 sqft
  15. 4 beds, 3 full, 1 half baths
    Home size: 2,223 sq ft
    Lot size: 7,160 sqft
  16. 2 beds, 2 full baths
    Home size: 1,537 sq ft
    Lot size: 7,501 sqft
  17. 1 bed, 1 full bath
    Home size: 878 sq ft
    Lot size: 22.47 ac
  18. 6 beds, 6 full, 1 half baths
    Home size: 6,006 sq ft
    Lot size: 13,491 sqft
  19. 2 beds, 2 full baths
    Home size: 1,146 sq ft
    Lot size: 13,470 sqft
  20. 1 bed, 1 full bath
    Home size: 664 sq ft
    Lot size: 6,723 sqft
  21. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,484 sq ft
    Lot size: 2,369 sqft
  22. 3 beds, 1 full, 2 three-quarter baths
    Home size: 1,665 sq ft
    Lot size: 2,983 sqft
  23. 3 beds, 3 full baths
    Home size: 2,837 sq ft
    Lot size: 2,680 sqft
  24. 3 beds, 2 full, 2 three-quarter baths
    Home size: 2,256 sq ft
    Lot size: 4,250 sqft
  25. 4 beds, 3 full baths
    Home size: 1,700 sq ft
    Lot size: 5,369 sqft

See all Real estate in the 90803 zip code.
(all data current as of 4/27/2017)

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

90803 Homes in Escrow

  1. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,250 sq ft
    Lot size: 3,050 sqft
    Year built: 1926
    Parking spots: 4
    Days on market: 7
  2. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,068 sq ft
    Lot size: 12,952 sqft
    Year built: 1969
    Parking spots: 2
    Days on market: 7
  3. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,915 sq ft
    Lot size: 3,600 sqft
    Year built: 1926
    Parking spots: 4
    Days on market: 10
  4. 2 beds, 2 full, 1 three-quarter, 1 half baths
    Home size: 1,846 sq ft
    Lot size: 6,312 sqft
    Year built: 1922
    Parking spots: 3
    Days on market: 10
  5. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,053 sq ft
    Lot size: 4,061 sqft
    Year built: 1925
    Parking spots: 5
    Days on market: 14
  6. 3 beds, 1 full, 2 three-quarter baths
    Home size: 3,188 sq ft
    Lot size: 2,572 sqft
    Year built: 2008
    Parking spots: 6
    Days on market: 16
  7. 3 beds, 2 full, 1 half baths
    Home size: 2,036 sq ft
    Lot size: 3.54 ac
    Year built: 1982
    Parking spots: 2
    Days on market: 17
  8. 4 beds, 2 full baths
    Home size: 1,880 sq ft
    Lot size: 4,698 sqft
    Year built: 1923
    Parking spots: 4
    Days on market: 17
  9. 4 beds, 3 full baths
    Home size: 3,293 sq ft
    Lot size: 5,696 sqft
    Year built: 1944
    Parking spots: 6
    Days on market: 17
  10. 2 beds, 2 full baths
    Home size: 1,474 sq ft
    Lot size: 24,801 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 19
  11. 0 beds, 1 full bath
    Home size: 787 sq ft
    Lot size: 22.47 ac
    Year built: 1974
    Parking spots: 2
    Days on market: 20
  12. 2 beds, 2 full baths
    Home size: 1,176 sq ft
    Lot size: 2,610 sqft
    Year built: 1926
    Parking spots: 1
    Days on market: 21
  13. 3 beds, 2 full, 1 three-quarter baths
    Home size: 1,728 sq ft
    Lot size: 2,474 sqft
    Year built: 1984
    Parking spots: 4
    Days on market: 21
  14. 1 bed, 1 full bath
    Home size: 874 sq ft
    Lot size: 22.47 ac
    Year built: 1974
    Parking spots: 2
    Days on market: 21
  15. 3 beds, 2 full baths
    Home size: 1,729 sq ft
    Lot size: 2,321 sqft
    Year built: 1973
    Parking spots: 2
    Days on market: 23
  16. 2 beds, 2 full baths
    Home size: 1,375 sq ft
    Lot size: 13,704 sqft
    Year built: 1965
    Parking spots: 4
    Days on market: 23
  17. 4 beds, 2 full, 1 three-quarter baths
    Home size: 2,338 sq ft
    Lot size: 3,063 sqft
    Year built: 1928
    Parking spots: 7
    Days on market: 24
  18. 3 beds, 4 full baths
    Home size: 2,778 sq ft
    Lot size: 3,482 sqft
    Year built: 1986
    Parking spots: 2
    Days on market: 27
  19. 1 bed, 1 full bath
    Home size: 658 sq ft
    Lot size: 6,516 sqft
    Year built: 1958
    Days on market: 27
  20. 1 bed, 1 full, 1 half baths
    Home size: 1,171 sq ft
    Year built: 1974
    Parking spots: 4
    Days on market: 29
  21. 1 bed, 1 full bath
    Home size: 926 sq ft
    Lot size: 22.47 ac
    Year built: 1974
    Parking spots: 2
    Days on market: 30
  22. 4 beds, 3 full baths
    Home size: 1,811 sq ft
    Lot size: 2,392 sqft
    Year built: 1973
    Parking spots: 2
    Days on market: 34
  23. 3 beds, 3 full baths
    Home size: 3,290 sq ft
    Lot size: 2,499 sqft
    Year built: 1983
    Parking spots: 10
    Days on market: 34
  24. 5 beds, 5 full, 2 half baths
    Home size: 6,034 sq ft
    Lot size: 8,254 sqft
    Year built: 1921
    Parking spots: 8
    Days on market: 35
  25. 1 bed, 1 full, 1 half baths
    Home size: 980 sq ft
    Lot size: 22.47 ac
    Year built: 1974
    Parking spots: 2
    Days on market: 37

See all Real estate in the 90803 zip code.
(all data current as of 4/27/2017)

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

Homes for Sale in 90803

  1. 4 beds, 3 full baths
    Home size: 2,507 sq ft
    Lot size: 5,001 sqft
    Year built: 1925
    Parking spots: 2
    Days on market: 1
  2. 3 beds, 3 full baths
    Home size: 2,595 sq ft
    Lot size: 4,832 sqft
    Year built: 1982
    Parking spots: 4
    Days on market: 1
  3. 2 beds, 2 full baths
    Home size: 1,148 sq ft
    Lot size: 15,011 sqft
    Year built: 1966
    Parking spots: 2
    Days on market: 1
  4. 2 beds, 2 full baths
    Home size: 912 sq ft
    Lot size: 35,003 sqft
    Year built: 1971
    Parking spots: 2
    Days on market: 1
  5. 3 beds, 2 full, 1 half baths
    Home size: 2,504 sq ft
    Lot size: 3,267 sqft
    Year built: 1990
    Parking spots: 6
    Days on market: 6
  6. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,480 sq ft
    Lot size: 2,879 sqft
    Year built: 1961
    Parking spots: 4
    Days on market: 6
  7. 2 beds, 2 full baths
    Home size: 1,507 sq ft
    Lot size: 3,507 sqft
    Year built: 1940
    Parking spots: 4
    Days on market: 6
  8. 2 beds, 1 full bath
    Home size: 944 sq ft
    Lot size: 8,286 sqft
    Year built: 1978
    Parking spots: 4
    Days on market: 8
  9. 1 bed, 1 full bath
    Home size: 768 sq ft
    Lot size: 13,530 sqft
    Year built: 1970
    Parking spots: 2
    Days on market: 9
  10. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,669 sq ft
    Lot size: 2,326 sqft
    Year built: 1973
    Parking spots: 4
    Days on market: 10
  11. 3 beds, 2 full baths
    Home size: 1,319 sq ft
    Lot size: 33,042 sqft
    Year built: 1973
    Parking spots: 2
    Days on market: 10
  12. 3 beds, 2 full, 1 half baths
    Home size: 1,669 sq ft
    Lot size: 2,291 sqft
    Year built: 1973
    Parking spots: 4
    Days on market: 11
  13. 2 beds, 2 full baths
    Home size: 878 sq ft
    Lot size: 11,420 sqft
    Year built: 1971
    Days on market: 13
  14. 1 bed, 1 full bath
    Home size: 734 sq ft
    Lot size: 15,066 sqft
    Year built: 1964
    Parking spots: 2
    Days on market: 13
  15. 3 beds, 2 full, 1 three-quarter baths
    Home size: 2,560 sq ft
    Lot size: 2,539 sqft
    Year built: 1998
    Parking spots: 4
    Days on market: 14
  16. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,203 sq ft
    Lot size: 6,433 sqft
    Year built: 1961
    Parking spots: 4
    Days on market: 16
  17. 3 beds, 2 full, 1 half baths
    Home size: 2,901 sq ft
    Lot size: 3,526 sqft
    Year built: 1998
    Parking spots: 6
    Days on market: 16
  18. 3 beds, 3 full baths
    Home size: 2,686 sq ft
    Lot size: 3,700 sqft
    Year built: 1982
    Parking spots: 8
    Days on market: 16
  19. 1 bed, 2 full baths
    Home size: 980 sq ft
    Lot size: 22.47 ac
    Year built: 1974
    Days on market: 17
  20. 4 beds, 2 full, 2 three-quarter, 1 half baths
    Home size: 3,990 sq ft
    Lot size: 2,495 sqft
    Year built: 2009
    Parking spots: 4
    Days on market: 20
  21. 3 beds, 2 full, 1 half baths
    Home size: 2,369 sq ft
    Lot size: 3,706 sqft
    Year built: 1987
    Parking spots: 6
    Days on market: 21
  22. 3 beds, 2 full, 1 half baths
    Home size: 2,265 sq ft
    Lot size: 3,574 sqft
    Year built: 1990
    Parking spots: 4
    Days on market: 21
  23. 2 beds, 2 full baths
    Home size: 1,448 sq ft
    Lot size: 2,199 sqft
    Year built: 1928
    Parking spots: 4
    Days on market: 21
  24. 3 beds, 3 full baths
    Home size: 3,663 sq ft
    Lot size: 2,733 sqft
    Year built: 1979
    Parking spots: 4
    Days on market: 21
  25. 5 beds, 3 full, 1 half baths
    Home size: 2,692 sq ft
    Lot size: 4,073 sqft
    Year built: 1926
    Parking spots: 4
    Days on market: 22

See all Real estate in the 90803 zip code.
(all data current as of 4/27/2017)

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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