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. 2 beds, 2 full baths
    Home size: 810 sq ft
    Lot size: 6,501 sqft
    Year built: 1987
    Parking spots: 2
  2. 3 beds, 2 full baths
    Home size: 1,261 sq ft
    Lot size: 4,279 sqft
    Year built: 1925
    Parking spots: 2
  3. 2 beds, 1 full bath
    Home size: 1,089 sq ft
    Lot size: 3,826 sqft
    Year built: 1937
    Parking spots: 4
  4. 2 beds, 1 full bath
    Home size: 750 sq ft
    Lot size: 3,293 sqft
    Year built: 1942
    Parking spots: 2
  5. 3 beds, 1 full, 1 half baths
    Home size: 1,228 sq ft
    Lot size: 5,841 sqft
    Year built: 1940
    Parking spots: 4
  6. 2 beds, 2 full baths
    Home size: 942 sq ft
    Lot size: 16,871 sqft
    Year built: 1990
    Parking spots: 4
  7. 2 beds, 2 full baths
    Home size: 920 sq ft
    Lot size: 6,001 sqft
    Year built: 1987
    Parking spots: 4
  8. 2 beds, 1 full bath
    Home size: 936 sq ft
    Lot size: 2,459 sqft
    Year built: 1923
    Parking spots: 3
  9. 2 beds, 2 full baths
    Home size: 815 sq ft
    Lot size: 7,866 sqft
    Year built: 1984
    Parking spots: 4
  10. 2 beds, 2 full baths
    Home size: 842 sq ft
    Lot size: 38,666 sqft
    Year built: 1988
    Parking spots: 4
  11. 2 beds, 2 full baths
    Home size: 938 sq ft
    Lot size: 9,924 sqft
    Year built: 1980
    Parking spots: 2
  12. 2 beds, 2 full baths
    Home size: 690 sq ft
    Lot size: 6,501 sqft
    Year built: 1928
    Parking spots: 1
  13. 2 beds, 2 full baths
    Home size: 1,236 sq ft
    Lot size: 25,169 sqft
    Year built: 1982
    Parking spots: 4
  14. 2 beds, 2 full baths
    Home size: 856 sq ft
    Lot size: 38,067 sqft
    Year built: 1985
    Parking spots: 4
  15. 0 beds, 1 full bath
    Home size: 418 sq ft
    Lot size: 3.39 ac
    Year built: 1970
    Parking spots: 2
  16. 2 beds, 1 full, 1 half baths
    Home size: 860 sq ft
    Lot size: 33,394 sqft
    Year built: 1976
    Parking spots: 2
  17. 4 beds, 3 full baths
    Home size: 2,301 sq ft
    Lot size: 14.12 ac
    Year built: 2011
    Parking spots: 4
  18. 0 beds, 1 full bath
    Home size: 418 sq ft
    Lot size: 3.39 ac
    Year built: 1970
    Parking spots: 2
  19. 2 beds, 2 full baths
    Home size: 1,019 sq ft
    Lot size: 1.09 ac
    Year built: 1993
    Parking spots: 4
  20. 2 beds, 1 full bath
    Home size: 1,150 sq ft
    Lot size: 3,862 sqft
    Year built: 1927
    Parking spots: 4
  21. 2 beds, 2 full baths
    Home size: 780 sq ft
    Lot size: 6,456 sqft
    Year built: 1987
    Parking spots: 1
  22. 4 beds, 1 full, 1 quarter baths
    Home size: 1,920 sq ft
    Lot size: 4,454 sqft
    Year built: 1910
  23. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,232 sq ft
    Lot size: 25,169 sqft
    Year built: 1982
    Parking spots: 4
  24. 4 beds, 2 full baths
    Home size: 1,791 sq ft
    Lot size: 2,826 sqft
    Year built: 1938
    Parking spots: 6
  25. 2 beds, 1 full bath
    Home size: 780 sq ft
    Lot size: 3,737 sqft
    Year built: 1928
    Parking spots: 2

See all Real estate in the 90804 zip code.
(all data current as of 5/29/2017)

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

90804 Homes in Escrow

  1. 1 bed, 1 full bath
    Home size: 607 sq ft
    Lot size: 2,683 sqft
    Year built: 1924
    Parking spots: 2
    Days on market: 10
  2. 1 bed, 1 full bath
    Home size: 597 sq ft
    Lot size: 3.39 ac
    Year built: 1970
    Parking spots: 1
    Days on market: 11
  3. 2 beds, 2 full baths
    Home size: 842 sq ft
    Lot size: 38,666 sqft
    Year built: 1988
    Parking spots: 4
    Days on market: 17
  4. 3 beds, 2 full baths
    Home size: 1,202 sq ft
    Lot size: 1.09 ac
    Year built: 1993
    Days on market: 18
  5. 2 beds, 1 full, 1 three-quarter baths
    Home size: 768 sq ft
    Lot size: 2,540 sqft
    Year built: 1914
    Parking spots: 1
    Days on market: 19
  6. 3 beds, 2 full baths
    Home size: 1,286 sq ft
    Lot size: 6,332 sqft
    Year built: 1920
    Parking spots: 6
    Days on market: 21
  7. 1 bed, 1 full bath
    Home size: 597 sq ft
    Lot size: 3.39 ac
    Year built: 1970
    Parking spots: 2
    Days on market: 21
  8. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,292 sq ft
    Lot size: 4,592 sqft
    Year built: 1924
    Parking spots: 4
    Days on market: 24
  9. 2 beds, 2 full baths
    Home size: 800 sq ft
    Lot size: 6,081 sqft
    Year built: 1987
    Parking spots: 4
    Days on market: 24
  10. 1 bed, 1 full bath
    Home size: 650 sq ft
    Lot size: 16,900 sqft
    Year built: 1990
    Parking spots: 2
    Days on market: 25
  11. 1 bed, 1 full bath
    Home size: 597 sq ft
    Lot size: 3.39 ac
    Year built: 1970
    Parking spots: 1
    Days on market: 26
  12. 4 beds, 2 full baths
    Home size: 1,784 sq ft
    Lot size: 4,556 sqft
    Year built: 1949
    Parking spots: 2
    Days on market: 29
  13. 2 beds, 2 full baths
    Home size: 842 sq ft
    Lot size: 38,666 sqft
    Year built: 1988
    Parking spots: 4
    Days on market: 30
  14. 2 beds, 1 full bath
    Home size: 923 sq ft
    Lot size: 3,132 sqft
    Year built: 1926
    Parking spots: 2
    Days on market: 31
  15. 2 beds, 2 full baths
    Home size: 900 sq ft
    Lot size: 6,125 sqft
    Year built: 1986
    Parking spots: 2
    Days on market: 38
  16. 2 beds, 2 full baths
    Home size: 780 sq ft
    Lot size: 13,507 sqft
    Year built: 1985
    Parking spots: 4
    Days on market: 40
  17. 2 beds, 2 full, 1 half baths
    Home size: 1,330 sq ft
    Lot size: 1.35 ac
    Year built: 1990
    Parking spots: 4
    Days on market: 41
  18. 2 beds, 2 full baths
    Home size: 856 sq ft
    Lot size: 38,666 sqft
    Year built: 1988
    Parking spots: 2
    Days on market: 42
  19. 2 beds, 2 full baths
    Home size: 810 sq ft
    Lot size: 13,484 sqft
    Year built: 1987
    Parking spots: 4
    Days on market: 44
  20. 2 beds, 2 full baths
    Home size: 815 sq ft
    Lot size: 16,901 sqft
    Year built: 1985
    Parking spots: 4
    Days on market: 45
  21. 2 beds, 2 full baths
    Home size: 953 sq ft
    Lot size: 38,666 sqft
    Year built: 1988
    Parking spots: 4
    Days on market: 48
  22. 2 beds, 1 full, 1 three-quarter baths
    Home size: 1,076 sq ft
    Days on market: 55
  23. 2 beds, 1 full bath
    Home size: 790 sq ft
    Lot size: 33,394 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 67
  24. 2 beds, 1 full bath
    Home size: 955 sq ft
    Lot size: 3,160 sqft
    Year built: 1921
    Parking spots: 3
    Days on market: 81
  25. 2 beds, 1 full bath
    Home size: 864 sq ft
    Lot size: 1,597 sqft
    Year built: 1928
    Parking spots: 2
    Days on market: 86

See all Real estate in the 90804 zip code.
(all data current as of 5/29/2017)

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

Homes for Sale in 90804

  1. 1 bed, 1 full bath
    Home size: 597 sq ft
    Lot size: 3.39 ac
    Year built: 1970
    Parking spots: 2
    Days on market: 1
  2. 2 beds, 2 full baths
    Home size: 840 sq ft
    Lot size: 6,741 sqft
    Year built: 1984
    Parking spots: 2
    Days on market: 2
  3. 2 beds, 2 full baths
    Home size: 850 sq ft
    Lot size: 13,484 sqft
    Year built: 1987
    Parking spots: 4
    Days on market: 3
  4. 3 beds, 2 full baths
    Home size: 1,104 sq ft
    Lot size: 1.35 ac
    Year built: 1990
    Parking spots: 2
    Days on market: 3
  5. 2 beds, 1 full bath
    Home size: 1,192 sq ft
    Lot size: 6,504 sqft
    Year built: 1922
    Days on market: 4
  6. 2 beds, 2 full baths
    Home size: 913 sq ft
    Lot size: 3.39 ac
    Year built: 1970
    Parking spots: 2
    Days on market: 4
  7. 3 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 2,611 sq ft
    Lot size: 6,606 sqft
    Year built: 1937
    Parking spots: 4
    Days on market: 4
  8. 2 beds, 2 full baths
    Home size: 680 sq ft
    Lot size: 11,734 sqft
    Year built: 1987
    Parking spots: 4
    Days on market: 5
  9. 3 beds, 3 full baths
    Home size: 2,121 sq ft
    Lot size: 2,526 sqft
    Year built: 1923
    Days on market: 5
  10. 2 beds, 1 full, 1 three-quarter, 1 half baths
    Home size: 1,220 sq ft
    Lot size: 14,686 sqft
    Year built: 2006
    Parking spots: 4
    Days on market: 5
  11. 1 bed, 1 full bath
    Home size: 642 sq ft
    Lot size: 2,505 sqft
    Year built: 1923
    Parking spots: 4
    Days on market: 9
  12. 1 bed, 1 full bath
    Home size: 546 sq ft
    Lot size: 1,600 sqft
    Year built: 1922
    Days on market: 12
  13. 4 beds, 3 full baths
    Home size: 2,301 sq ft
    Lot size: 14.12 ac
    Year built: 2011
    Parking spots: 4
    Days on market: 19
  14. 2 beds, 2 full baths
    Home size: 1,024 sq ft
    Lot size: 9,924 sqft
    Year built: 1980
    Parking spots: 4
    Days on market: 20
  15. 3 beds, 2 full baths
    Home size: 1,000 sq ft
    Lot size: 16,900 sqft
    Year built: 1990
    Parking spots: 4
    Days on market: 23
  16. 2 beds, 1 full bath
    Home size: 700 sq ft
    Lot size: 16,203 sqft
    Year built: 1988
    Parking spots: 2
    Days on market: 24
  17. 2 beds, 1 full bath
    Home size: 768 sq ft
    Lot size: 2,244 sqft
    Year built: 1923
    Parking spots: 2
    Days on market: 27
  18. 2 beds, 2 full baths
    Home size: 850 sq ft
    Lot size: 6,999 sqft
    Year built: 1987
    Parking spots: 2
    Days on market: 30
  19. 3 beds, 2 full baths
    Home size: 2,037 sq ft
    Lot size: 6,547 sqft
    Year built: 1936
    Parking spots: 2
    Days on market: 33
  20. 6 beds, 4 full baths
    Home size: 2,268 sq ft
    Lot size: 6,501 sqft
    Year built: 1962
    Parking spots: 2
    Days on market: 39
  21. 5 beds, 5 full baths
    Home size: 4,300 sq ft
    Lot size: 6,710 sqft
    Year built: 2017
    Parking spots: 4
    Days on market: 40
  22. 2 beds, 2 full baths
    Home size: 840 sq ft
    Lot size: 13,539 sqft
    Year built: 1985
    Parking spots: 4
    Days on market: 42
  23. 2 beds, 2 full baths
    Home size: 1,138 sq ft
    Lot size: 6,247 sqft
    Year built: 1981
    Parking spots: 2
    Days on market: 45
  24. 2 beds, 2 full baths
    Home size: 850 sq ft
    Lot size: 6,999 sqft
    Year built: 1987
    Parking spots: 2
    Days on market: 47
  25. 5 beds, 2 full, 2 three-quarter baths
    Home size: 2,692 sq ft
    Lot size: 6,553 sqft
    Year built: 1949
    Parking spots: 6
    Days on market: 61

See all Real estate in the 90804 zip code.
(all data current as of 5/29/2017)

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

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