90803 market update

90803 Market Update

shannonjones 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. 4 beds, 4 baths
    Home size: 2,364 sq ft
    Lot size: 6,098 sqft
  2. 3 beds, 4 baths
    Home size: 3,318 sq ft
    Lot size: 3,049 sqft
  3. 3 beds, 3 baths
    Home size: 1,728 sq ft
    Lot size: 1,742 sqft
  4. 3 beds, 2 baths
    Home size: 1,671 sq ft
    Lot size: 2,178 sqft
  5. 2 beds, 1 bath
    Home size: 728 sq ft
    Lot size: 3,049 sqft
  6. 3 beds, 3 baths
    Home size: 2,700 sq ft
    Lot size: 3,484 sqft
  7. 3 beds, 3 baths
    Home size: 1,926 sq ft
    Lot size: 2,373 sqft
  8. 4 beds, 3 baths
    Home size: 2,507 sq ft
    Lot size: 4,791 sqft
  9. 3 beds, 3 baths
    Home size: 1,861 sq ft
    Lot size: 3,484 sqft
  10. 3 beds, 3 baths
    Home size: 2,504 sq ft
    Lot size: 3,267 sqft
  11. 4 beds, 3 baths
    Home size: 2,352 sq ft
  12. 3 beds, 2 baths
    Home size: 1,915 sq ft
    Lot size: 3,484 sqft
  13. 3 beds, 3 baths
    Home size: 1,669 sq ft
    Lot size: 2,178 sqft
  14. 4 beds, 3 baths
    Home size: 2,792 sq ft
  15. 2 beds, 4 baths
    Home size: 1,846 sq ft
    Lot size: 6,098 sqft
  16. 3 beds, 2 baths
    Home size: 1,053 sq ft
    Lot size: 3,920 sqft
  17. 3 beds, 3 baths
    Home size: 3,188 sq ft
    Lot size: 2,178 sqft
  18. 4 beds, 2 baths
    Home size: 1,880 sq ft
    Lot size: 4,697 sqft
  19. 4 beds, 3 baths
    Home size: 3,293 sq ft
    Lot size: 5,662 sqft
  20. 3 beds, 3 baths
    Home size: 1,728 sq ft
    Lot size: 2,178 sqft
  21. 2 beds, 2 baths
    Home size: 1,176 sq ft
    Lot size: 2,610 sqft
  22. 5 beds, 4 baths
    Home size: 2,692 sq ft
    Lot size: 3,920 sqft
  23. 3 beds, 2 baths
    Home size: 1,729 sq ft
    Lot size: 2,178 sqft
  24. 3 beds, 4 baths
    Home size: 2,778 sq ft
  25. 5 beds, 3 baths
    Home size: 1,843 sq ft

See all Real estate in the 90803 zip code.
(all data current as of 6/26/2017)

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

Recent Condo Sales in 90803

  1. 2 beds, 2 baths
    Home size: 1,107 sq ft
    Lot size: 14,810 sqft
  2. 2 beds, 3 baths
    Home size: 1,299 sq ft
    Lot size: 22.47 ac
  3. 2 beds, 3 baths
    Home size: 1,847 sq ft
    Lot size: 2,178 sqft
  4. 1 bed, 1 bath
    Home size: 611 sq ft
    Lot size: 10,018 sqft
  5. 3 beds, 3 baths
    Home size: 1,748 sq ft
    Lot size: 2.41 ac
  6. 2 beds, 1 bath
    Home size: 986 sq ft
    Lot size: 13,068 sqft
  7. 1 bed, 1 bath
    Home size: 926 sq ft
    Lot size: 20.50 ac
  8. 2 beds, 2 baths
    Home size: 912 sq ft
    Lot size: 34,848 sqft
  9. 1 bed, 1 bath
    Home size: 701 sq ft
    Lot size: 32,670 sqft
  10. 2 beds, 2 baths
    Home size: 1,148 sq ft
    Lot size: 14,810 sqft
  11. 2 beds, 1 bath
    Home size: 944 sq ft
    Lot size: 8,276 sqft
  12. 2 beds, 2 baths
    Home size: 1,068 sq ft
    Lot size: 12,632 sqft
  13. 1 bed, 1 bath
    Home size: 768 sq ft
    Lot size: 13,529 sqft
  14. 2 beds, 2 baths
    Home size: 1,050 sq ft
    Lot size: 12,632 sqft
  15. 1 bed, 1 bath
    Home size: 734 sq ft
    Lot size: 15,066 sqft
  16. 3 beds, 3 baths
    Home size: 1,748 sq ft
    Lot size: 2.41 ac
  17. 3 beds, 3 baths
    Home size: 1,728 sq ft
    Lot size: 2,287 sqft
  18. 3 beds, 3 baths
    Home size: 1,728 sq ft
    Lot size: 1,742 sqft
  19. 2 beds, 2 baths
    Home size: 1,474 sq ft
    Lot size: 24,393 sqft
  20. 0 beds, 1 bath
    Home size: 787 sq ft
    Lot size: 22.47 ac
  21. 1 bed, 1 bath
    Home size: 874 sq ft
    Lot size: 22.47 ac
  22. 3 beds, 3 baths
    Home size: 2,036 sq ft
    Lot size: 3.54 ac
  23. 3 beds, 3 baths
    Home size: 2,036 sq ft
    Lot size: 3.54 ac
  24. 2 beds, 3 baths
    Home size: 2,024 sq ft
    Lot size: 22.47 ac
  25. 1 bed, 2 baths
    Home size: 1,171 sq ft

See all Real estate in the 90803 zip code.
(all data current as of 6/26/2017)

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

90803 Homes in Escrow

  1. 2 beds, 2 baths
    Home size: 1,041 sq ft
    Lot size: 2,613 sqft
  2. 3 beds, 2 baths
    Home size: 1,258 sq ft
    Lot size: 3,049 sqft
  3. 3 beds, 3 baths
    Home size: 2,272 sq ft
    Lot size: 2,178 sqft
  4. 4 beds, 2 baths
    Home size: 1,496 sq ft
    Lot size: 2,178 sqft
  5. 3 beds, 2 baths
    Home size: 1,857 sq ft
    Lot size: 3,049 sqft
  6. 3 beds, 2 baths
    Home size: 1,582 sq ft
    Lot size: 3,484 sqft
  7. 2 beds, 1 bath
    Home size: 784 sq ft
    Lot size: 2,613 sqft
  8. 4 beds, 3 baths
    Home size: 2,079 sq ft
    Lot size: 5,662 sqft
  9. 3 beds, 3 baths
    Home size: 1,736 sq ft
    Lot size: 2,178 sqft
  10. 2 beds, 1 bath
    Home size: 908 sq ft
    Lot size: 2,178 sqft
  11. 3 beds, 3 baths
    Home size: 1,576 sq ft
    Lot size: 2,447 sqft
  12. 2 beds, 1 bath
    Home size: 960 sq ft
    Lot size: 2,178 sqft
  13. 2 beds, 2 baths
    Home size: 1,082 sq ft
    Lot size: 2,178 sqft
  14. 3 beds, 3 baths
    Home size: 2,358 sq ft
    Lot size: 2,227 sqft
  15. 4 beds, 3 baths
    Home size: 2,595 sq ft
    Lot size: 4,791 sqft
  16. 3 beds, 3 baths
    Home size: 2,480 sq ft
    Lot size: 2,613 sqft
  17. 3 beds, 3 baths
    Home size: 2,560 sq ft
    Lot size: 2,178 sqft
  18. 3 beds, 3 baths
    Home size: 2,686 sq ft
    Lot size: 3,484 sqft
  19. 3 beds, 3 baths
    Home size: 2,203 sq ft
    Lot size: 6,098 sqft
  20. 3 beds, 3 baths
    Home size: 1,669 sq ft
    Lot size: 2,178 sqft
  21. 2 beds, 2 baths
    Home size: 1,448 sq ft
    Lot size: 2,178 sqft
  22. 4 beds, 3 baths
    Home size: 2,338 sq ft
    Lot size: 3,049 sqft
  23. 3 beds, 3 baths
    Home size: 2,369 sq ft
    Lot size: 3,484 sqft
  24. 3 beds, 2 baths
    Home size: 1,400 sq ft
    Lot size: 3,049 sqft
  25. 5 beds, 7 baths
    Home size: 6,034 sq ft
    Lot size: 7,840 sqft

See all Real estate in the 90803 zip code.
(all data current as of 6/26/2017)

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

90803 Condos in Escrow

  1. 1 bed, 1 bath
    Home size: 719 sq ft
    Lot size: 6,098 sqft
  2. 1 bed, 1 bath
    Home size: 875 sq ft
    Lot size: 22.47 ac
  3. 1 bed, 1 bath
    Home size: 904 sq ft
    Lot size: 5,227 sqft
  4. 2 beds, 2 baths
    Home size: 946 sq ft
    Lot size: 6,098 sqft
  5. 1 bed, 1 bath
    Home size: 714 sq ft
    Lot size: 7,840 sqft
  6. 1 bed, 1 bath
    Home size: 1,012 sq ft
    Lot size: 22.47 ac
  7. 2 beds, 2 baths
    Home size: 1,076 sq ft
    Lot size: 7,840 sqft
  8. 1 bed, 1 bath
    Home size: 875 sq ft
    Lot size: 22.47 ac
  9. 2 beds, 3 baths
    Home size: 1,400 sq ft
    Lot size: 22.47 ac
  10. 2 beds, 2 baths
    Home size: 878 sq ft
    Lot size: 11,325 sqft
  11. 1 bed, 2 baths
    Home size: 980 sq ft
    Lot size: 22.47 ac
  12. 3 beds, 2 baths
    Home size: 1,319 sq ft
    Lot size: 32,670 sqft
  13. 2 beds, 3 baths
    Home size: 1,400 sq ft
    Lot size: 22.47 ac
  14. 1 bed, 1 bath
    Home size: 685 sq ft
    Lot size: 34,848 sqft
  15. 0 beds, 1 bath
    Home size: 737 sq ft
    Lot size: 22.47 ac

See all Real estate in the 90803 zip code.
(all data current as of 6/26/2017)

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

Homes for Sale in 90803

  1. 4 beds, 3 baths
    Home size: 2,880 sq ft
    Lot size: 3,484 sqft
  2. 4 beds, 3 baths
    Home size: 2,880 sq ft
    Lot size: 3,484 sqft
  3. 3 beds, 3 baths
    Home size: 2,000 sq ft
    Lot size: 3,049 sqft
  4. 2 beds, 1 bath
    Home size: 920 sq ft
    Lot size: 2,178 sqft
  5. 2 beds, 1 bath
    Home size: 790 sq ft
    Lot size: 3,920 sqft
  6. 2 beds, 2 baths
    Home size: 1,008 sq ft
    Lot size: 2,178 sqft
  7. 3 beds, 2 baths
    Home size: 1,182 sq ft
    Lot size: 2,178 sqft
  8. 4 beds, 3 baths
    Home size: 1,856 sq ft
    Lot size: 2,178 sqft
  9. 4 beds, 5 baths
    Home size: 3,990 sq ft
    Lot size: 2,178 sqft
  10. 4 beds, 2 baths
    Home size: 1,980 sq ft
    Lot size: 3,484 sqft
  11. 2 beds, 2 baths
    Home size: 1,301 sq ft
    Lot size: 2,613 sqft
  12. 3 beds, 2 baths
    Home size: 1,528 sq ft
    Lot size: 3,484 sqft
  13. 4 beds, 3 baths
    Home size: 3,050 sq ft
    Lot size: 3,049 sqft
  14. 3 beds, 2 baths
    Home size: 1,276 sq ft
    Lot size: 3,484 sqft
  15. 4 beds, 4 baths
    Home size: 3,665 sq ft
    Lot size: 3,484 sqft
  16. 4 beds, 4 baths
    Home size: 3,252 sq ft
    Lot size: 2,613 sqft
  17. 4 beds, 3 baths
    Home size: 2,062 sq ft
    Lot size: 5,662 sqft
  18. 3 beds, 3 baths
    Home size: 2,393 sq ft
    Lot size: 2,178 sqft
  19. 2 beds, 3 baths
    Home size: 2,481 sq ft
    Lot size: 6,534 sqft
  20. 5 beds, 3 baths
    Home size: 2,936 sq ft
    Lot size: 2,613 sqft
  21. 5 beds, 4 baths
    Home size: 1,713 sq ft
    Lot size: 2,178 sqft
  22. 3 beds, 2 baths
    Home size: 1,806 sq ft
    Lot size: 3,159 sqft
  23. 3 beds, 4 baths
    Home size: 2,299 sq ft
    Lot size: 4,473 sqft
  24. 3 beds, 4 baths
    Home size: 2,232 sq ft
    Lot size: 2,178 sqft
  25. 3 beds, 2 baths
    Home size: 2,363 sq ft
    Lot size: 6,098 sqft

See all Real estate in the 90803 zip code.
(all data current as of 6/26/2017)

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

Condos for Sale in 90803

  1. 2 beds, 3 baths
    Home size: 1,299 sq ft
    Lot size: 22.47 ac
  2. 1 bed, 1 bath
    Home size: 873 sq ft
    Lot size: 22.47 ac
  3. 2 beds, 2 baths
    Home size: 1,190 sq ft
    Lot size: 29,620 sqft
  4. 2 beds, 2 baths
    Home size: 1,192 sq ft
    Lot size: 7,840 sqft
  5. 3 beds, 2 baths
    Home size: 1,006 sq ft
    Lot size: 14,374 sqft
  6. 2 beds, 3 baths
    Home size: 1,898 sq ft
    Lot size: 1,742 sqft
  7. 1 bed, 2 baths
    Home size: 756 sq ft
    Lot size: 32,670 sqft
  8. 1 bed, 1 bath
    Home size: 926 sq ft
    Lot size: 22.47 ac
  9. 3 beds, 3 baths
    Home size: 1,600 sq ft
    Lot size: 2.00 ac
  10. 1 bed, 1 bath
    Home size: 873 sq ft
    Lot size: 22.47 ac
  11. 2 beds, 2 baths
    Home size: 1,107 sq ft
    Lot size: 32,670 sqft
  12. 2 beds, 2 baths
    Home size: 816 sq ft
    Lot size: 11,325 sqft
  13. 3 beds, 3 baths
    Home size: 1,728 sq ft
    Lot size: 2,156 sqft
  14. 1 bed, 1 bath
    Home size: 873 sq ft
    Lot size: 22.47 ac
  15. 3 beds, 3 baths
    Home size: 1,974 sq ft
    Lot size: 1,742 sqft
  16. 1 bed, 1 bath
    Home size: 672 sq ft
    Lot size: 32,670 sqft
  17. 1 bed, 1 bath
    Home size: 675 sq ft
    Lot size: 22.47 ac
  18. 0 beds, 1 bath
    Home size: 701 sq ft
    Lot size: 22.47 ac
  19. 2 beds, 3 baths
    Home size: 1,400 sq ft
    Lot size: 22.47 ac
  20. 3 beds, 2 baths
    Home size: 1,777 sq ft
    Lot size: 22.47 ac
  21. 3 beds, 3 baths
    Home size: 1,857 sq ft
    Lot size: 2,153 sqft
  22. 1 bed, 1 bath
    Home size: 926 sq ft
    Lot size: 22.47 ac
  23. 3 beds, 2 baths
    Home size: 1,617 sq ft
    Lot size: 9,856 sqft
  24. 1 bed, 1 bath
    Home size: 875 sq ft
    Lot size: 22.47 ac

See all Real estate in the 90803 zip code.
(all data current as of 6/26/2017)

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

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