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. 3 beds, 2 full, 1 half baths
    Home size: 2,649 sq ft
    Lot size: 4,384 sqft
  2. 4 beds, 1 full, 2 three-quarter baths
    Home size: 2,380 sq ft
    Lot size: 3,605 sqft
  3. 2 beds, 2 full baths
    Home size: 1,000 sq ft
    Lot size: 2,400 sqft
  4. 3 beds, 3 full baths
    Home size: 1,502 sq ft
    Lot size: 3,062 sqft
  5. 4 beds, 1 full, 2 three-quarter baths
    Home size: 2,186 sq ft
    Lot size: 6,397 sqft
  6. 4 beds, 3 full, 1 half baths
    Home size: 4,054 sq ft
    Lot size: 2,414 sqft
  7. 3 beds, 2 full, 1 quarter baths
    Home size: 2,000 sq ft
    Lot size: 2,886 sqft
  8. 4 beds, 1 full, 3 three-quarter, 1 half baths
    Home size: 3,383 sq ft
    Lot size: 1,951 sqft
  9. 2 beds, 1 full bath
    Home size: 997 sq ft
    Lot size: 2,427 sqft
  10. 3 beds, 2 full baths
    Home size: 1,931 sq ft
    Lot size: 8,973 sqft
  11. 2 beds, 2 full baths
    Home size: 1,200 sq ft
    Lot size: 5,423 sqft
  12. 4 beds, 2 full baths
    Home size: 1,688 sq ft
    Lot size: 6,449 sqft
  13. 4 beds, 2 full, 1 three-quarter baths
    Home size: 2,750 sq ft
    Lot size: 2,406 sqft
  14. 3 beds, 2 full baths
    Home size: 1,706 sq ft
    Lot size: 4,951 sqft
  15. 3 beds, 3 full baths
    Home size: 2,700 sq ft
    Lot size: 3,540 sqft
  16. 3 beds, 2 full, 1 three-quarter baths
    Home size: 2,648 sq ft
    Lot size: 2,988 sqft
  17. 3 beds, 3 full baths
    Home size: 1,944 sq ft
    Lot size: 3,107 sqft
  18. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,298 sq ft
    Lot size: 2,889 sqft
  19. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,227 sq ft
    Lot size: 2,320 sqft
  20. 3 beds, 2 full, 1 half baths
    Home size: 1,741 sq ft
    Lot size: 2,400 sqft
  21. 2 beds, 1 full bath
    Home size: 1,324 sq ft
    Lot size: 6,341 sqft
  22. 5 beds, 5 full, 1 half baths
    Home size: 3,964 sq ft
    Lot size: 2,607 sqft
  23. 3 beds, 1 full, 2 three-quarter baths
    Home size: 3,311 sq ft
    Lot size: 2,455 sqft
  24. 4 beds, 2 full, 1 half baths
    Home size: 3,498 sq ft
    Lot size: 2,394 sqft
  25. 6 beds, 6 full, 1 half baths
    Home size: 9,672 sq ft
    Lot size: 9,413 sqft

See all Real estate in the 90803 zip code.
(all data current as of 4/29/2017)

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

Recent Condo Sales in 90803

  1. 1 bed, 1 full bath
    Home size: 616 sq ft
    Lot size: 13,440 sqft
  2. 3 beds, 2 full, 1 half baths
    Home size: 2,159 sq ft
    Lot size: 4.95 ac
  3. 2 beds, 2 full, 1 half baths
    Home size: 2,996 sq ft
    Lot size: 18,670 sqft
  4. 0 beds, 1 full bath
    Home size: 737 sq ft
    Lot size: 1,908.00 ac
  5. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,026 sq ft
    Lot size: 19,502 sqft
  6. 0 beds, 1 full bath
    Home size: 534 sq ft
    Lot size: 24,712 sqft
  7. 0 beds, 1 full bath
    Home size: 650 sq ft
    Lot size: 22.47 ac
  8. 2 beds, 2 full baths
    Home size: 1,004 sq ft
    Lot size: 33,042 sqft
  9. 2 beds, 2 full baths
    Home size: 1,030 sq ft
    Lot size: 14,887 sqft
  10. 1 bed, 1 full bath
    Home size: 672 sq ft
    Lot size: 33,042 sqft
  11. 1 bed, 1 full bath
    Home size: 610 sq ft
    Lot size: 6,219 sqft
  12. 1 bed, 1 full bath
    Home size: 582 sq ft
    Lot size: 8,189 sqft
  13. 2 beds, 2 full baths
    Home size: 1,046 sq ft
    Lot size: 11,146 sqft
  14. 1 bed, 1 full bath
    Home size: 651 sq ft
    Lot size: 5.56 ac
  15. 2 beds, 2 full baths
    Home size: 1,109 sq ft
    Lot size: 14,887 sqft
  16. 1 bed, 1 full bath
    Home size: 561 sq ft
    Lot size: 2,413 sqft
  17. 3 beds, 2 full baths
    Home size: 1,269 sq ft
    Lot size: 11,146 sqft
  18. 3 beds, 3 full baths
    Home size: 1,882 sq ft
    Lot size: 22.47 ac
  19. 2 beds, 1 full bath
    Home size: 847 sq ft
    Lot size: 8,189 sqft
  20. 1 bed, 1 full bath
    Home size: 873 sq ft
    Lot size: 22.47 ac
  21. 3 beds, 3 full baths
    Home size: 1,746 sq ft
  22. 1 bed, 1 full bath
    Home size: 878 sq ft
    Lot size: 22.47 ac
  23. 1 bed, 1 full bath
    Home size: 664 sq ft
    Lot size: 6,723 sqft
  24. 1 bed, 1 full bath
    Home size: 651 sq ft
    Lot size: 5.56 ac
  25. 2 beds, 1 full, 1 three-quarter baths
    Home size: 820 sq ft
    Lot size: 8,245 sqft

See all Real estate in the 90803 zip code.
(all data current as of 4/29/2017)

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

90803 Homes in Escrow

  1. 3 beds, 3 full baths
    Home size: 1,926 sq ft
    Lot size: 2,374 sqft
  2. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,250 sq ft
    Lot size: 3,050 sqft
  3. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,915 sq ft
    Lot size: 3,600 sqft
  4. 2 beds, 2 full, 1 three-quarter, 1 half baths
    Home size: 1,846 sq ft
    Lot size: 6,312 sqft
  5. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,053 sq ft
    Lot size: 4,061 sqft
  6. 3 beds, 1 full, 2 three-quarter baths
    Home size: 3,188 sq ft
    Lot size: 2,572 sqft
  7. 4 beds, 2 full baths
    Home size: 1,880 sq ft
    Lot size: 4,698 sqft
  8. 4 beds, 3 full baths
    Home size: 3,293 sq ft
    Lot size: 5,696 sqft
  9. 2 beds, 2 full baths
    Home size: 1,176 sq ft
    Lot size: 2,610 sqft
  10. 3 beds, 2 full, 1 three-quarter baths
    Home size: 1,728 sq ft
    Lot size: 2,474 sqft
  11. 5 beds, 3 full, 1 half baths
    Home size: 2,692 sq ft
    Lot size: 4,073 sqft
  12. 3 beds, 2 full baths
    Home size: 1,729 sq ft
    Lot size: 2,321 sqft
  13. 4 beds, 2 full, 1 three-quarter baths
    Home size: 2,338 sq ft
    Lot size: 3,063 sqft
  14. 3 beds, 4 full baths
    Home size: 2,778 sq ft
    Lot size: 3,482 sqft
  15. 4 beds, 3 full baths
    Home size: 1,811 sq ft
    Lot size: 2,392 sqft
  16. 3 beds, 3 full baths
    Home size: 3,290 sq ft
    Lot size: 2,499 sqft
  17. 5 beds, 5 full, 2 half baths
    Home size: 6,034 sq ft
    Lot size: 8,254 sqft
  18. 4 beds, 1 full, 1 three-quarter, 1 quarter baths
    Home size: 2,542 sq ft
    Lot size: 3,919 sqft
  19. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,534 sq ft
    Lot size: 6,317 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: 2,166 sq ft
    Lot size: 5,057 sqft
  22. 4 beds, 3 full baths
    Home size: 2,158 sq ft
    Lot size: 2,969 sqft
  23. 3 beds, 2 full baths
    Home size: 1,763 sq ft
    Lot size: 3,623 sqft
  24. 4 beds, 1 full, 2 three-quarter baths
    Home size: 2,300 sq ft
    Lot size: 2,190 sqft
  25. 5 beds, 2 full, 1 three-quarter baths
    Home size: 3,370 sq ft
    Lot size: 9,600 sqft

See all Real estate in the 90803 zip code.
(all data current as of 4/29/2017)

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: 1,068 sq ft
    Lot size: 12,952 sqft
  2. 1 bed, 1 full bath
    Home size: 768 sq ft
    Lot size: 13,530 sqft
  3. 3 beds, 2 full, 1 half baths
    Home size: 2,036 sq ft
    Lot size: 3.54 ac
  4. 2 beds, 2 full baths
    Home size: 1,474 sq ft
    Lot size: 24,801 sqft
  5. 0 beds, 1 full bath
    Home size: 787 sq ft
    Lot size: 22.47 ac
  6. 1 bed, 1 full bath
    Home size: 874 sq ft
    Lot size: 22.47 ac
  7. 2 beds, 2 full baths
    Home size: 1,375 sq ft
    Lot size: 13,704 sqft
  8. 1 bed, 1 full bath
    Home size: 658 sq ft
    Lot size: 6,516 sqft
  9. 1 bed, 1 full, 1 half baths
    Home size: 1,171 sq ft
  10. 1 bed, 1 full bath
    Home size: 926 sq ft
    Lot size: 22.47 ac
  11. 1 bed, 1 full, 1 half baths
    Home size: 980 sq ft
    Lot size: 22.47 ac
  12. 2 beds, 2 full baths
    Home size: 1,026 sq ft
    Lot size: 19,502 sqft
  13. 2 beds, 2 full baths
    Home size: 1,109 sq ft
    Lot size: 4,755 sqft
  14. 2 beds, 1 full bath
    Home size: 810 sq ft
    Lot size: 14,373 sqft
  15. 0 beds, 1 full bath
    Home size: 701 sq ft
    Lot size: 22.47 ac
  16. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,109 sq ft
    Lot size: 14,887 sqft
  17. 2 beds, 2 full baths
    Home size: 1,200 sq ft
    Lot size: 13,440 sqft
  18. 2 beds, 2 full baths
    Home size: 1,247 sq ft
    Lot size: 13,271 sqft
  19. 1 bed, 1 full bath
    Home size: 926 sq ft
    Lot size: 22.47 ac
  20. 2 beds, 2 full baths
    Home size: 1,510 sq ft
    Lot size: 31,015 sqft
  21. 2 beds, 2 full, 1 half baths
    Home size: 1,574 sq ft
    Lot size: 22.47 ac
  22. 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 4/29/2017)

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

Homes for Sale in 90803

  1. 3 beds, 3 full baths
    Home size: 2,700 sq ft
    Lot size: 3,554 sqft
  2. 3 beds, 2 full, 1 half baths
    Home size: 1,861 sq ft
    Lot size: 3,544 sqft
  3. 4 beds, 3 full baths
    Home size: 2,507 sq ft
    Lot size: 5,001 sqft
  4. 3 beds, 3 full baths
    Home size: 2,595 sq ft
    Lot size: 4,832 sqft
  5. 3 beds, 2 full, 1 half baths
    Home size: 2,504 sq ft
    Lot size: 3,267 sqft
  6. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,480 sq ft
    Lot size: 2,879 sqft
  7. 2 beds, 2 full baths
    Home size: 1,507 sq ft
    Lot size: 3,507 sqft
  8. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,669 sq ft
    Lot size: 2,326 sqft
  9. 3 beds, 2 full, 1 half baths
    Home size: 1,669 sq ft
    Lot size: 2,291 sqft
  10. 3 beds, 2 full, 1 three-quarter baths
    Home size: 2,560 sq ft
    Lot size: 2,539 sqft
  11. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,203 sq ft
    Lot size: 6,433 sqft
  12. 3 beds, 2 full, 1 half baths
    Home size: 2,901 sq ft
    Lot size: 3,526 sqft
  13. 3 beds, 3 full baths
    Home size: 2,686 sq ft
    Lot size: 3,700 sqft
  14. 4 beds, 2 full, 2 three-quarter, 1 half baths
    Home size: 3,990 sq ft
    Lot size: 2,495 sqft
  15. 3 beds, 2 full, 1 half baths
    Home size: 2,369 sq ft
    Lot size: 3,706 sqft
  16. 3 beds, 2 full, 1 half baths
    Home size: 2,265 sq ft
    Lot size: 3,574 sqft
  17. 2 beds, 2 full baths
    Home size: 1,448 sq ft
    Lot size: 2,199 sqft
  18. 3 beds, 3 full baths
    Home size: 3,663 sq ft
    Lot size: 2,733 sqft
  19. 6 beds, 1 full, 6 three-quarter, 1 quarter baths
    Home size: 6,900 sq ft
    Lot size: 3,980 sqft
  20. 3 beds, 2 full, 1 half baths
    Home size: 2,503 sq ft
    Lot size: 3,738 sqft
  21. 3 beds, 3 full baths
    Home size: 3,491 sq ft
    Lot size: 2,357 sqft
  22. 3 beds, 3 full baths
    Home size: 2,187 sq ft
    Lot size: 2,481 sqft
  23. 4 beds, 2 full, 1 half baths
    Home size: 2,349 sq ft
    Lot size: 8,240 sqft
  24. 3 beds, 2 full baths
    Home size: 1,400 sq ft
    Lot size: 3,060 sqft
  25. 3 beds, 2 full, 1 half baths
    Home size: 2,842 sq ft
    Lot size: 6,351 sqft

See all Real estate in the 90803 zip code.
(all data current as of 4/29/2017)

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

Condos for Sale in 90803

  1. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,050 sq ft
    Lot size: 12,952 sqft
  2. 3 beds, 1 full, 1 three-quarter baths
    Home size: 1,617 sq ft
    Lot size: 9,856 sqft
  3. 1 bed, 1 full bath
    Home size: 711 sq ft
    Lot size: 33,042 sqft
  4. 2 beds, 2 full baths
    Home size: 1,148 sq ft
    Lot size: 15,011 sqft
  5. 2 beds, 2 full baths
    Home size: 912 sq ft
    Lot size: 35,003 sqft
  6. 2 beds, 1 full bath
    Home size: 944 sq ft
    Lot size: 8,286 sqft
  7. 3 beds, 2 full baths
    Home size: 1,319 sq ft
    Lot size: 33,042 sqft
  8. 2 beds, 2 full baths
    Home size: 878 sq ft
    Lot size: 11,420 sqft
  9. 1 bed, 1 full bath
    Home size: 734 sq ft
    Lot size: 15,066 sqft
  10. 1 bed, 2 full baths
    Home size: 980 sq ft
    Lot size: 22.47 ac
  11. 3 beds, 2 full baths
    Home size: 1,777 sq ft
    Lot size: 22.47 ac
  12. 2 beds, 2 full, 1 half baths
    Home size: 1,400 sq ft
    Lot size: 22.47 ac
  13. 1 bed, 1 full bath
    Home size: 685 sq ft
    Lot size: 35,003 sqft
  14. 0 beds, 1 full bath
    Home size: 737 sq ft
    Lot size: 22.47 ac
  15. 3 beds, 2 full baths
    Home size: 1,650 sq ft
    Lot size: 8,221 sqft
  16. 3 beds, 2 full baths
    Home size: 1,640 sq ft
    Lot size: 8,221 sqft
  17. 1 bed, 1 full 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 4/29/2017)

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

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