90803 market update

90803 Market Update

Shannon Long Beach Real Estate , Real Estate Leave a Comment

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

Real Estate Statistics and Information

Including 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

Though home prices in 90803 have fluctuated a fair amount since 2013, the general trend shows that prices are increasing. However, the median price of single family homes in January 2016 decreased slightly from January 2015. The median price was $986,000 in January 2016, down 4.3% from January 2015.

The number of closed sales in 90803 has fluctuated even more than the price of homes. The lowest number of closed sales that occurred since 2013 was 6 sales in January 2015. That number increased to 8 closed sales in January of 2016. The highest number of closed sales 90803 saw was 27 in June 2015. Statistics show that closed sales tend to increase quite a bit in spring and summer, so if you’re in the market to buy or sell a home, now is the time to get started.

Similar to the pattern of closed sales, the median days a home has stayed on the market in 90803 has fluctuated a lot. In January 2016 the median days on the market was 68. This is down 16% from the year prior in January.

Although the overall inventory of homes for sale in Long Beach is at about a two months’ supply, it’s a bit higher in 90803. In January 2016, the inventory of homes for sale in 90803 was at a 3.8 months supply, which is typically considered a balanced sellers and buyers market. This means it’s a good time for both buyers and sellers in 90803.

Condominiums in 90803

The median sales price for condominiums in 90803 is fairly low right now. In January 2016 the median sales price was $392,500. Though this is a 4.7% increase from the year prior in January, it’s down quite a bit from the recent peak sales price of $490,000 in November 2014.

In contrast to the inventory of single family homes in 90803, the inventory of condos in 90803 is extremely low. In fact, in January 2016 inventory reached a record low of 1.3 months supply, down 59.4% from January 2015. If you’re thinking about selling your condominium in 90803, now is a great time.

Bottom Line

If you are thinking about selling your condominium in 90803, now is a good time because demand is quite high. However, for those looking to buy a single family home in 90803, the market is balanced between buyers and sellers.

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Recently Sold Homes in 90803

  1. 5 beds, 2 full, 1 three-quarter baths
    Home size: 2,821 sq ft
    Lot size: 3,518 sqft
  2. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,834 sq ft
    Lot size: 5,005 sqft
  3. 4 beds, 3 full, 1 three-quarter, 1 half baths
    Home size: 5,371 sq ft
    Lot size: 4,015 sqft
  4. 3 beds, 2 full, 2 three-quarter baths
    Home size: 3,749 sq ft
    Lot size: 6,339 sqft
  5. 3 beds, 1 full bath
    Home size: 1,188 sq ft
    Lot size: 3,149 sqft
  6. 4 beds, 2 full baths
    Home size: 1,968 sq ft
    Lot size: 7,422 sqft
  7. 2 beds, 2 full baths
    Home size: 1,639 sq ft
    Lot size: 3,581 sqft
  8. 3 beds, 2 full, 1 half baths
    Home size: 1,965 sq ft
    Lot size: 3,188 sqft
  9. 4 beds, 4 full, 1 half baths
    Home size: 3,389 sq ft
    Lot size: 3,464 sqft
  10. 3 beds, 2 full, 1 three-quarter baths
    Home size: 3,400 sq ft
    Lot size: 4,038 sqft
  11. 4 beds, 3 full, 1 half baths
    Home size: 4,054 sq ft
    Lot size: 2,414 sqft
  12. 3 beds, 3 full baths
    Home size: 2,358 sq ft
    Lot size: 2,343 sqft
  13. 2 beds, 1 full bath
    Home size: 990 sq ft
    Lot size: 3,335 sqft
  14. 2 beds, 1 full, 1 half baths
    Home size: 1,258 sq ft
    Lot size: 2,374 sqft
  15. 3 beds, 1 full, 1 half baths
    Home size: 1,448 sq ft
    Lot size: 4,257 sqft
  16. 3 beds, 2 full baths
    Home size: 1,662 sq ft
    Lot size: 5,710 sqft
  17. 4 beds, 4 full baths
    Home size: 2,842 sq ft
    Lot size: 5,500 sqft
  18. 4 beds, 4 full baths
    Home size: 2,842 sq ft
    Lot size: 2,286 sqft
  19. 3 beds, 2 full, 1 three-quarter baths
    Home size: 2,605 sq ft
    Lot size: 6,351 sqft
  20. 3 beds, 2 full, 1 half baths
    Home size: 1,964 sq ft
    Lot size: 2,376 sqft
  21. 3 beds, 3 full baths
    Home size: 2,386 sq ft
    Lot size: 4,110 sqft
  22. 3 beds, 3 full baths
    Home size: 2,396 sq ft
    Lot size: 4,658 sqft
  23. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,386 sq ft
    Lot size: 2,175 sqft
  24. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,090 sq ft
    Lot size: 2,404 sqft
  25. 3 beds, 3 full baths
    Home size: 1,728 sq ft
    Lot size: 2,343 sqft

See all Real estate in the 90803 zip code.
(all data current as of 3/28/2017)

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

Recent Condo Sales in 90803

  1. 2 beds, 1 full bath
    Home size: 993 sq ft
    Lot size: 8,286 sqft
  2. 2 beds, 2 full baths
    Home size: 1,026 sq ft
    Lot size: 19,502 sqft
  3. 1 bed, 1 full bath
    Home size: 926 sq ft
    Lot size: 22.47 ac
  4. 2 beds, 2 full baths
    Home size: 1,008 sq ft
    Lot size: 33,042 sqft
  5. 1 bed, 1 full bath
    Home size: 762 sq ft
    Lot size: 14,326 sqft
  6. 1 bed, 1 full bath
    Home size: 651 sq ft
    Lot size: 5.56 ac
  7. 1 bed, 1 full bath
    Home size: 825 sq ft
    Lot size: 22.47 ac
  8. 2 beds, 2 full, 1 half baths
    Home size: 1,400 sq ft
    Lot size: 22.47 ac
  9. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,242 sq ft
  10. 2 beds, 2 full baths
    Home size: 1,068 sq ft
    Lot size: 12,952 sqft
  11. 1 bed, 1 full bath
    Home size: 879 sq ft
  12. 2 beds, 2 full baths
    Home size: 1,026 sq ft
  13. 1 bed, 1 full bath
    Home size: 1,012 sq ft
    Lot size: 22.47 ac
  14. 2 beds, 1 full bath
    Home size: 941 sq ft
    Lot size: 22.47 ac
  15. 1 bed, 1 full bath
    Home size: 700 sq ft
  16. 1 bed, 1 full bath
    Home size: 651 sq ft
    Lot size: 5.56 ac
  17. 1 bed, 1 full, 1 half baths
    Home size: 748 sq ft
    Lot size: 14,887 sqft
  18. 1 bed, 1 full bath
    Home size: 697 sq ft
    Lot size: 11,074 sqft
  19. 1 bed, 1 full bath
    Home size: 651 sq ft
  20. 2 beds, 2 full baths
    Home size: 1,118 sq ft
    Lot size: 34,795 sqft
  21. 1 bed, 1 full bath
    Home size: 844 sq ft
  22. 3 beds, 2 full baths
    Home size: 1,134 sq ft
    Lot size: 33,042 sqft
  23. 2 beds, 2 full baths
    Home size: 1,064 sq ft
  24. 1 bed, 1 full bath
    Home size: 702 sq ft
    Lot size: 35,003 sqft
  25. 1 bed, 1 full bath
    Home size: 610 sq ft

See all Real estate in the 90803 zip code.
(all data current as of 3/28/2017)

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

90803 Homes in Escrow

  1. 4 beds, 2 full baths
    Home size: 1,909 sq ft
    Lot size: 4,478 sqft
  2. 2 beds, 1 full bath
    Home size: 936 sq ft
    Lot size: 3,158 sqft
  3. 3 beds, 1 full, 1 three-quarter baths
    Home size: 2,400 sq ft
    Lot size: 6,519 sqft
  4. 2 beds, 3 full baths
    Home size: 1,862 sq ft
    Lot size: 2,338 sqft
  5. 3 beds, 3 full, 1 half baths
    Home size: 3,248 sq ft
    Lot size: 3,063 sqft
  6. 3 beds, 2 full, 1 half baths
    Home size: 2,013 sq ft
    Lot size: 2,175 sqft
  7. 3 beds, 2 full baths
    Home size: 1,853 sq ft
    Lot size: 2,477 sqft
  8. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,534 sq ft
    Lot size: 6,280 sqft
  9. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,162 sq ft
    Lot size: 2,250 sqft
  10. 3 beds, 2 full baths
    Home size: 1,860 sq ft
    Lot size: 4,604 sqft
  11. 3 beds, 1 full bath
    Home size: 1,008 sq ft
    Lot size: 2,457 sqft
  12. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,534 sq ft
    Lot size: 6,317 sqft
  13. 3 beds, 2 full, 1 half baths
    Home size: 1,936 sq ft
    Lot size: 1,989 sqft
  14. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,113 sq ft
    Lot size: 2,810 sqft
  15. 3 beds, 2 full, 1 half baths
    Home size: 3,895 sq ft
    Lot size: 3,321 sqft
  16. 3 beds, 2 full baths
    Home size: 1,589 sq ft
    Lot size: 3,298 sqft
  17. 3 beds, 3 full baths
    Home size: 2,090 sq ft
    Lot size: 3,410 sqft
  18. 2 beds, 1 full bath
    Home size: 997 sq ft
    Lot size: 2,427 sqft
  19. 4 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,889 sq ft
    Lot size: 3,019 sqft
  20. 3 beds, 2 full, 1 half baths
    Home size: 2,090 sq ft
    Lot size: 3,345 sqft
  21. 3 beds, 1 full, 1 three-quarter, 1 quarter baths
    Home size: 2,634 sq ft
    Lot size: 4,073 sqft
  22. 3 beds, 2 full, 1 half baths
    Home size: 2,716 sq ft
    Lot size: 3,649 sqft
  23. 4 beds, 3 full baths
    Home size: 2,158 sq ft
    Lot size: 2,969 sqft
  24. 3 beds, 1 full, 1 half baths
    Home size: 1,242 sq ft
    Lot size: 2,974 sqft
  25. 3 beds, 2 full baths
    Home size: 2,035 sq ft
    Lot size: 3,986 sqft

See all Real estate in the 90803 zip code.
(all data current as of 3/28/2017)

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

90803 Condos in Escrow

  1. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,251 sq ft
  2. 1 bed, 1 full bath
    Home size: 660 sq ft
    Lot size: 11,420 sqft
  3. 2 beds, 2 full baths
    Home size: 1,026 sq ft
    Lot size: 19,502 sqft
  4. 0 beds, 1 full bath
    Home size: 701 sq ft
    Lot size: 22.47 ac
  5. 2 beds, 1 full, 1 three-quarter baths
    Home size: 912 sq ft
    Lot size: 35,003 sqft
  6. 2 beds, 2 full baths
    Home size: 1,109 sq ft
    Lot size: 4,755 sqft
  7. 1 bed, 1 full bath
    Home size: 804 sq ft
    Lot size: 15,066 sqft
  8. 2 beds, 1 full bath
    Home size: 810 sq ft
    Lot size: 14,373 sqft
  9. 1 bed, 1 full bath
    Home size: 616 sq ft
    Lot size: 13,440 sqft
  10. 2 beds, 1 full, 1 three-quarter baths
    Home size: 900 sq ft
    Lot size: 8,245 sqft
  11. 2 beds, 2 full baths
    Home size: 1,200 sq ft
    Lot size: 13,440 sqft
  12. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,311 sq ft
    Lot size: 20,605 sqft
  13. 2 beds, 2 full baths
    Home size: 1,247 sq ft
    Lot size: 13,271 sqft
  14. 2 beds, 2 full baths
    Home size: 1,197 sq ft
    Lot size: 13,440 sqft
  15. 1 bed, 1 full bath
    Home size: 873 sq ft
    Lot size: 22,472 sqft
  16. 1 bed, 1 full bath
    Home size: 714 sq ft
    Lot size: 11,074 sqft
  17. 2 beds, 2 full baths
    Home size: 1,281 sq ft
    Lot size: 22.47 ac
  18. 2 beds, 2 full, 1 three-quarter baths
    Home size: 1,299 sq ft
    Lot size: 22.47 ac
  19. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,009 sq ft
    Lot size: 505 sqft
  20. 3 beds, 3 full baths
    Home size: 2,159 sq ft
    Lot size: 4.95 ac
  21. 1 bed, 1 full bath
    Home size: 840 sq ft
  22. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,550 sq ft
  23. 3 beds, 2 full, 1 half baths
    Home size: 1,748 sq ft

See all Real estate in the 90803 zip code.
(all data current as of 3/28/2017)

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

Homes for Sale in 90803

  1. 4 beds, 2 full, 1 half baths
    Home size: 2,349 sq ft
    Lot size: 8,240 sqft
  2. 4 beds, 3 full baths
    Home size: 1,811 sq ft
    Lot size: 2,392 sqft
  3. 3 beds, 3 full baths
    Home size: 3,290 sq ft
    Lot size: 2,499 sqft
  4. 3 beds, 2 full baths
    Home size: 1,400 sq ft
    Lot size: 3,060 sqft
  5. 5 beds, 5 full, 2 half baths
    Home size: 6,034 sq ft
    Lot size: 8,254 sqft
  6. 3 beds, 2 full, 1 half baths
    Home size: 2,842 sq ft
    Lot size: 6,351 sqft
  7. 4 beds, 2 full, 1 half baths
    Home size: 2,835 sq ft
    Lot size: 7,200 sqft
  8. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,250 sq ft
    Lot size: 3,050 sqft
  9. 4 beds, 5 full, 1 half baths
    Home size: 3,950 sq ft
    Lot size: 2,395 sqft
  10. 2 beds, 1 full bath
    Home size: 1,133 sq ft
    Lot size: 5,000 sqft
  11. 4 beds, 3 full baths
    Home size: 2,617 sq ft
    Lot size: 3,021 sqft
  12. 4 beds, 1 full, 1 three-quarter, 1 quarter baths
    Home size: 2,542 sq ft
    Lot size: 3,919 sqft
  13. 4 beds, 2 full baths
    Home size: 1,830 sq ft
    Lot size: 4,050 sqft
  14. 3 beds, 2 full, 1 half baths
    Home size: 3,448 sq ft
    Lot size: 6,350 sqft
  15. 3 beds, 3 full baths
    Home size: 1,710 sq ft
    Lot size: 2,812 sqft
  16. 4 beds, 4 full baths
    Home size: 2,898 sq ft
    Lot size: 3,691 sqft
  17. 4 beds, 4 full baths
    Home size: 2,761 sq ft
    Lot size: 4,241 sqft
  18. 4 beds, 3 full, 1 quarter baths
    Home size: 2,644 sq ft
    Lot size: 2,401 sqft
  19. 4 beds, 2 full, 1 three-quarter baths
    Home size: 3,000 sq ft
    Lot size: 2,697 sqft
  20. 3 beds, 3 full baths
    Home size: 2,106 sq ft
    Lot size: 2,069 sqft
  21. 3 beds, 2 full baths
    Home size: 1,498 sq ft
    Lot size: 2,888 sqft
  22. 3 beds, 2 full baths
    Home size: 1,422 sq ft
    Lot size: 2,527 sqft
  23. 4 beds, 1 full, 1 three-quarter baths
    Home size: 1,903 sq ft
    Lot size: 3,456 sqft
  24. 5 beds, 4 full baths
    Home size: 2,933 sq ft
    Lot size: 3,608 sqft
  25. 7 beds, 4 full baths
    Home size: 4,108 sq ft
    Lot size: 6,513 sqft

See all Real estate in the 90803 zip code.
(all data current as of 3/28/2017)

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

Condos for Sale in 90803

  1. 1 bed, 1 full, 1 half baths
    Home size: 980 sq ft
    Lot size: 22.47 ac
  2. 1 bed, 1 full bath
    Home size: 926 sq ft
    Lot size: 22.47 ac
  3. 2 beds, 2 full, 1 half baths
    Home size: 1,400 sq ft
    Lot size: 22.47 ac
  4. 0 beds, 1 full bath
    Home size: 701 sq ft
    Lot size: 22.47 ac
  5. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,109 sq ft
    Lot size: 14,887 sqft
  6. 1 bed, 1 three-quarter, 1 quarter baths
    Home size: 1,106 sq ft
    Lot size: 22.47 ac
  7. 1 bed, 1 full bath
    Home size: 685 sq ft
    Lot size: 35,003 sqft
  8. 1 bed, 1 full bath
    Home size: 926 sq ft
    Lot size: 22.47 ac
  9. 2 beds, 2 full baths
    Home size: 1,510 sq ft
    Lot size: 31,015 sqft
  10. 0 beds, 1 full bath
    Home size: 737 sq ft
    Lot size: 22.47 ac
  11. 2 beds, 2 full, 1 half baths
    Home size: 1,574 sq ft
    Lot size: 22.47 ac
  12. 3 beds, 2 full baths
    Home size: 1,650 sq ft
    Lot size: 8,221 sqft
  13. 3 beds, 2 full baths
    Home size: 1,640 sq ft
    Lot size: 8,221 sqft
  14. 1 bed, 1 full bath
    Home size: 875 sq ft
    Lot size: 22.47 ac
  15. 1 bed, 1 full bath
    Home size: 734 sq ft
    Lot size: 15,066 sqft

See all Real estate in the 90803 zip code.
(all data current as of 3/28/2017)

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

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