90804 market update

90804 Market Update: June 2016

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June 2016 Real Estate Market Update for the 90804 Area of Long Beach

Including the neighborhoods of Rose Park and Traffic Circle Area

The median home price in 90804 was 22.5% higher in May 2016 than a year ago, but below the peaks that were experienced earlier this year. Home prices have fluctuated in the area, but the general trend appears to be an increase.

There were 12 closed home sales in 90804 in May 2016. Though there were just two closed sales in February, since then the number has climbed substantially. While the number of closed sales have fluctuated a lot in recent years, the number of closed sales in May 2016 was 300% higher than the previous May.

The inventory of homes for sale is quite low in 90804. In May 2016 there was a 2.5 month supply of homes for sale, representing a 35.9% decline from the previous May. Such a market is strongly favorable for seller’s because demand outweighs supply.

Condominiums in 90804

The price of condominiums in 90804 jumped last month to its highest point in recent years. In May 2016, the median condo price in 90804 was $338,500, which reflects a 42.8% increase from a year ago in May.

There were 10 closed condominium sales in May 2016. Though slightly up from the month prior, closed sales are down 41.2% from May 2015, which could be a result of the low inventory.

Condominium inventory is very low in 90806. While a balanced market is considered 4-6 months, there was just a 1.5 month supply in May 2016. This is down 40% from the year prior in May.

Bottom Line

The real estate market in 90804 is prime for seller’s right now. With few homes on the market, there is a high demand from buyers. If you’re thinking about putting your home on the market, give us a call or fill out the form and we’d be happy to help!

Homes Sold in 90804

  1. 4 beds, 2 full baths
    Home size: 1,076 sq ft
    Lot size: 2,252 sqft
    Year built: 1936
  2. 2 beds, 2 full baths
    Home size: 1,075 sq ft
    Lot size: 4,503 sqft
    Year built: 1947
    Parking spots: 2
  3. 2 beds, 1 full bath
    Home size: 1,274 sq ft
    Lot size: 6,439 sqft
    Year built: 1941
    Parking spots: 2
  4. 4 beds, 2 full, 1 three-quarter, 1 half baths
    Home size: 2,732 sq ft
    Lot size: 5,011 sqft
    Year built: 1936
    Parking spots: 3
  5. 2 beds, 2 full baths
    Home size: 1,126 sq ft
    Lot size: 1,126 sqft
    Year built: 1982
    Parking spots: 2
  6. 4 beds, 2 full baths
    Home size: 2,084 sq ft
    Lot size: 5,464 sqft
    Year built: 1924
    Parking spots: 1
  7. 2 beds, 2 full baths
    Home size: 810 sq ft
    Lot size: 11,474 sqft
    Year built: 1987
    Parking spots: 2
  8. 2 beds, 2 full baths
    Home size: 1,263 sq ft
    Lot size: 3.31 ac
    Year built: 1976
    Parking spots: 1
  9. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,070 sq ft
    Lot size: 8,956 sqft
    Year built: 1988
    Parking spots: 2
  10. 4 beds, 3 full, 1 half baths
    Home size: 2,496 sq ft
    Lot size: 14.12 ac
    Year built: 2011
    Parking spots: 2
  11. 2 beds, 2 full baths
    Home size: 1,221 sq ft
    Lot size: 5,200 sqft
    Year built: 1923
    Parking spots: 1
  12. 2 beds, 2 full baths
    Home size: 740 sq ft
    Lot size: 3,836 sqft
    Year built: 1985
    Parking spots: 1
  13. 2 beds, 1 full, 1 half baths
    Home size: 880 sq ft
    Lot size: 33,394 sqft
    Year built: 1976
    Parking spots: 1
  14. 2 beds, 2 full baths
    Home size: 905 sq ft
    Lot size: 24,591 sqft
    Year built: 1990
    Parking spots: 2
  15. 2 beds, 1 full, 1 three-quarter baths
    Home size: 680 sq ft
    Lot size: 11,734 sqft
    Year built: 1987
    Parking spots: 1
  16. 3 beds, 3 full baths
    Home size: 2,137 sq ft
    Lot size: 4,198 sqft
    Year built: 1932
    Parking spots: 2
  17. 2 beds, 1 full bath
    Home size: 1,056 sq ft
    Lot size: 8,503 sqft
    Year built: 1948
  18. 2 beds, 2 full baths
    Home size: 840 sq ft
    Lot size: 13,539 sqft
    Year built: 1985
    Parking spots: 2
  19. 2 beds, 2 full baths
    Home size: 1,016 sq ft
    Lot size: 1.35 ac
    Year built: 1990
    Parking spots: 1
  20. 2 beds, 2 full baths
    Home size: 859 sq ft
    Lot size: 27,003 sqft
    Year built: 1991
    Parking spots: 2
  21. 2 beds, 2 full baths
    Home size: 740 sq ft
    Lot size: 3,836 sqft
    Year built: 1985
    Parking spots: 2
  22. 2 beds, 1 full bath
    Home size: 790 sq ft
    Lot size: 33,394 sqft
    Year built: 1976
    Parking spots: 1
  23. 3 beds, 2 full baths
    Home size: 2,231 sq ft
    Lot size: 6,507 sqft
    Year built: 1947
    Parking spots: 2
  24. 2 beds, 1 full, 1 half baths
    Home size: 1,150 sq ft
    Lot size: 3,143 sqft
    Year built: 1949
    Parking spots: 2
  25. 1 bed, 1 full bath
    Home size: 667 sq ft
    Lot size: 23,199 sqft
    Year built: 1972
    Parking spots: 1

See all Real estate in the 90804 zip code.
(all data current as of 3/29/2017)

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

90804 Homes in Escrow

  1. 1 bed, 1 full bath
    Home size: 597 sq ft
    Lot size: 3.39 ac
    Year built: 1970
    Parking spots: 1
    Days on market: 8
  2. 1 bed, 1 full bath
    Home size: 756 sq ft
    Lot size: 5,862 sqft
    Year built: 1910
    Parking spots: 1
    Days on market: 8
  3. 2 beds, 2 full baths
    Home size: 800 sq ft
    Lot size: 13,484 sqft
    Year built: 1987
    Parking spots: 2
    Days on market: 13
  4. 2 beds, 2 full baths
    Home size: 807 sq ft
    Lot size: 32,862 sqft
    Year built: 1986
    Parking spots: 2
    Days on market: 20
  5. 2 beds, 1 full bath
    Home size: 1,009 sq ft
    Lot size: 16,203 sqft
    Year built: 1988
    Parking spots: 2
    Days on market: 20
  6. 1 bed, 1 full bath
    Home size: 704 sq ft
    Lot size: 23,199 sqft
    Year built: 1972
    Parking spots: 1
    Days on market: 20
  7. 2 beds, 1 full bath
    Home size: 974 sq ft
    Lot size: 6,756 sqft
    Year built: 1923
    Parking spots: 1
    Days on market: 20
  8. 2 beds, 2 full baths
    Home size: 1,075 sq ft
    Lot size: 25,169 sqft
    Year built: 1982
    Parking spots: 2
    Days on market: 21
  9. 0 beds, 1 full bath
    Home size: 418 sq ft
    Lot size: 3.39 ac
    Year built: 1970
    Parking spots: 1
    Days on market: 26
  10. 2 beds, 1 full bath
    Home size: 768 sq ft
    Lot size: 3,750 sqft
    Year built: 1912
    Parking spots: 1
    Days on market: 27
  11. 2 beds, 2 full baths
    Home size: 804 sq ft
    Lot size: 2,857 sqft
    Year built: 1923
    Parking spots: 1
    Days on market: 27
  12. 0 beds, 1 full bath
    Home size: 418 sq ft
    Lot size: 3.39 ac
    Year built: 1970
    Parking spots: 1
    Days on market: 27
  13. 2 beds, 2 full baths
    Home size: 1,336 sq ft
    Lot size: 3.31 ac
    Year built: 1976
    Parking spots: 1
    Days on market: 27
  14. 2 beds, 2 full baths
    Home size: 900 sq ft
    Lot size: 6,251 sqft
    Year built: 1987
    Parking spots: 1
    Days on market: 28
  15. 5 beds, 5 full baths
    Home size: 3,000 sq ft
    Lot size: 7,240 sqft
    Year built: 1947
    Parking spots: 2
    Days on market: 28
  16. 2 beds, 2 full baths
    Home size: 870 sq ft
    Lot size: 6,406 sqft
    Year built: 1987
    Parking spots: 2
    Days on market: 33
  17. 2 beds, 2 full baths
    Home size: 880 sq ft
    Lot size: 6,870 sqft
    Year built: 1987
    Parking spots: 2
    Days on market: 34
  18. 2 beds, 2 full baths
    Home size: 1,057 sq ft
    Lot size: 15,220 sqft
    Year built: 1985
    Parking spots: 1
    Days on market: 38
  19. 3 beds, 2 full baths
    Home size: 2,871 sq ft
    Lot size: 5,514 sqft
    Year built: 1931
    Parking spots: 2
    Days on market: 41
  20. 1 bed, 1 full bath
    Home size: 560 sq ft
    Lot size: 33,394 sqft
    Year built: 1976
    Parking spots: 1
    Days on market: 43
  21. 1 bed, 1 full bath
    Home size: 650 sq ft
    Lot size: 16,900 sqft
    Year built: 1990
    Parking spots: 1
    Days on market: 44
  22. 3 beds, 2 full baths
    Home size: 1,268 sq ft
    Lot size: 1.09 ac
    Year built: 1993
    Parking spots: 2
    Days on market: 45
  23. 2 beds, 1 full, 1 three-quarter baths
    Home size: 684 sq ft
    Lot size: 16,664 sqft
    Year built: 1988
    Parking spots: 2
    Days on market: 48
  24. 2 beds, 2 full baths
    Home size: 1,330 sq ft
    Lot size: 4,800 sqft
    Year built: 1920
    Parking spots: 1
    Days on market: 51
  25. 2 beds, 1 full bath
    Home size: 792 sq ft
    Lot size: 1,995 sqft
    Year built: 1923
    Parking spots: 1
    Days on market: 53

See all Real estate in the 90804 zip code.
(all data current as of 3/29/2017)

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

Homes for Sale in 90804

  1. 2 beds, 1 full bath
    Home size: 1,093 sq ft
    Lot size: 5,855 sqft
    Year built: 1921
    Parking spots: 1
    Days on market: 0
  2. 1 bed, 1 full bath
    Home size: 654 sq ft
    Lot size: 2,475 sqft
    Year built: 1948
    Days on market: 2
  3. 2 beds, 2 full baths
    Home size: 830 sq ft
    Lot size: 6,001 sqft
    Year built: 1987
    Days on market: 5
  4. 2 beds, 1 full bath
    Home size: 819 sq ft
    Lot size: 3,683 sqft
    Year built: 1915
    Parking spots: 2
    Days on market: 5
  5. 2 beds, 2 full baths
    Home size: 1,263 sq ft
    Lot size: 3.31 ac
    Year built: 1976
    Parking spots: 1
    Days on market: 5
  6. 2 beds, 1 full bath
    Home size: 790 sq ft
    Lot size: 33,394 sqft
    Year built: 1976
    Parking spots: 1
    Days on market: 6
  7. 2 beds, 2 full, 1 half baths
    Home size: 1,330 sq ft
    Lot size: 1.35 ac
    Year built: 1990
    Parking spots: 2
    Days on market: 6
  8. 2 beds, 2 full baths
    Home size: 850 sq ft
    Lot size: 13,484 sqft
    Year built: 1987
    Parking spots: 1
    Days on market: 11
  9. 1 bed, 1 full bath
    Home size: 960 sq ft
    Lot size: 1,655 sqft
    Year built: 1920
    Parking spots: 1
    Days on market: 18
  10. 2 beds, 1 full bath
    Home size: 955 sq ft
    Lot size: 3,160 sqft
    Year built: 1921
    Parking spots: 1
    Days on market: 20
  11. 2 beds, 1 full, 1 half baths
    Home size: 810 sq ft
    Lot size: 6,751 sqft
    Year built: 1987
    Parking spots: 2
    Days on market: 20
  12. 2 beds, 1 full bath
    Home size: 864 sq ft
    Lot size: 1,597 sqft
    Year built: 1928
    Parking spots: 1
    Days on market: 25
  13. 1 bed, 1 full bath
    Home size: 546 sq ft
    Lot size: 1,601 sqft
    Year built: 1922
    Days on market: 29
  14. 2 beds, 2 full baths
    Home size: 680 sq ft
    Lot size: 11,734 sqft
    Year built: 1987
    Parking spots: 1
    Days on market: 33
  15. 2 beds, 2 full baths
    Home size: 840 sq ft
    Lot size: 6,741 sqft
    Year built: 1984
    Parking spots: 1
    Days on market: 34
  16. 4 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,045 sq ft
    Lot size: 3,842 sqft
    Year built: 1950
    Parking spots: 2
    Days on market: 36
  17. 2 beds, 1 full bath
    Home size: 1,149 sq ft
    Lot size: 4,288 sqft
    Year built: 1922
    Parking spots: 1
    Days on market: 49
  18. 1 bed, 1 full bath
    Home size: 440 sq ft
    Lot size: 910 sqft
    Year built: 1923
    Days on market: 54
  19. 1 bed, 1 full bath
    Home size: 560 sq ft
    Lot size: 19,244 sqft
    Year built: 1987
    Parking spots: 1
    Days on market: 60
  20. 7 beds, 3 full baths
    Home size: 2,890 sq ft
    Lot size: 4,191 sqft
    Year built: 1936
    Days on market: 75
  21. 2 beds, 1 full bath
    Home size: 878 sq ft
    Lot size: 6,371 sqft
    Year built: 1920
    Parking spots: 1
    Days on market: 107
  22. 3 beds, 3 full baths
    Home size: 2,010 sq ft
    Lot size: 2,040 sqft
    Year built: 2010
    Parking spots: 2
    Days on market: 133
  23. 2 beds, 2 full baths
    Home size: 800 sq ft
    Lot size: 13,539 sqft
    Year built: 1985
    Parking spots: 1
    Days on market: 162
  24. 2 beds, 1 full bath
    Home size: 800 sq ft
    Lot size: 6,099 sqft
    Year built: 1985
    Parking spots: 1
    Days on market: 165
  25. 2 beds, 2 full baths
    Home size: 845 sq ft
    Year built: 1985
    Parking spots: 1
    Days on market: 257

See all Real estate in the 90804 zip code.
(all data current as of 3/29/2017)

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

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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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