The Peninsula, Long Beach, CA

Real Estate Market Update for 90803

shannonjones Belmont Heights , Belmont Shore , CA , California , City of Long Beach , Long Beach , Long Beach Condos , long beach homes , Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

What’s Going On with the Real Estate Market in 90803?

 

After declining earlier this year, median home prices in 90803 have been on the upswing. In July 2015, the median home price in 90803 was $1,127,000, up $115,500 from June 2015 and $147,000 higher than in July 2014.

 

The number of closed home sales in 90803 was slightly higher than July 2014 but down from June. Nonetheless, the 21 home sales in July far exceeded the 6 sales that occurred in January of this year.

If you are thinking of selling your home in Belmont Shore, Naples, Belmont Park or other 90803 neighborhoods, now is a great time to sell for top dollar. Since the beginning of the year, the median percentage of original price to sales price has been on an upward trend. As of July 2015, the median percentage was at 98.2%, which is the highest it has been in the past four years.

While much of Long Beach is experiencing a shortage of housing inventory with only about a 2 month supply of available homes for sale, 90803 is about a five month supply of homes for sale. This is considerably higher than it was earlier this year.

Condo sales prices in 90803 have not been appreciating as quickly as house prices.  As of July 2015, the median condo sales price in 90803 was $522,000. While up significantly from the previous month, that represents a decline from January 2015 as well as from July 2014.

If you are thinking of buying a condo in 90803, there are plenty of options for you to choose from. In July 2015, there were 29 new condo listings. There were only 15 new listings in June.

 

Want to see how the Real Estate Market in 90803 compares to the rest of Long Beach? Click here to find out!

 

Current Homes for Sale in 90803

$6,888,000
For Sale
6
Beds
1
Baths
6,900
Sq Ft
2 60th Place
Long Beach, CA 90803
Single Family Residence - Active
$4,500,000
For Sale
4
Beds
4
Baths
3,900
Sq Ft
6302 E Bay Shore Walk
Long Beach, CA 90803
Single Family Residence - Active
$4,295,000
For Sale
2
Beds
6
Baths
4,880
Sq Ft
6519 E Seaside Walk
Long Beach, CA 90803
Single Family Residence - Active
$4,250,000
For Sale
4
Beds
3
Baths
3,336
Sq Ft
150 Rivo Alto Canal
Long Beach, CA 90803
Single Family Residence - Active
$3,999,999
For Sale
2
Beds
6
Baths
5,000
Sq Ft
6519 E Seaside Walk
Long Beach, CA 90803
Single Family Residence - Active
$3,595,000
For Sale
4
Beds
4
Baths
3,900
Sq Ft
6302 E Bay Shore Walk
Long Beach, CA 90803
Single Family Residence - Active
$3,495,000
For Sale
4
Beds
2
Baths
5,409
Sq Ft
2934 E 1st Street
Long Beach, CA 90803
Single Family Residence - Active
$3,495,000
For Sale
5
Beds
4
Baths
4,575
Sq Ft
2401 E Ocean Boulevard
Long Beach, CA 90803
Single Family Residence - Active
$3,195,000
For Sale
3
Beds
2
Baths
2,830
Sq Ft
5625 E Sorrento Drive
Long Beach, CA 90803
Single Family Residence - Active
$3,150,000
For Sale
5
Beds
4
Baths
3,900
Sq Ft
6601 E Seaside Walk
Long Beach, CA 90803
Single Family Residence - Active
$2,999,999
For Sale
6
Beds
4
Baths
5,397
Sq Ft
211 Quincy Avenue
Long Beach, CA 90803
Single Family Residence - Active
$2,975,000
For Sale
4
Beds
2
Baths
3,990
Sq Ft
51 58th Place
Long Beach, CA 90803
Single Family Residence - Active
$2,795,000
For Sale
4
Beds
2
Baths
2,886
Sq Ft
5614 Naples Canal
Long Beach, CA 90803
Single Family Residence - Active
$2,698,000
For Sale
3
Beds
2
Baths
2,220
Sq Ft
5821 E Corso Di Napoli
Long Beach, CA 90803
Single Family Residence - Active
$2,688,000
For Sale
4
Beds
3
Baths
2,880
Sq Ft
77 Rivo Alto Canal
Long Beach, CA 90803
Single Family Residence - Active
$2,650,000
For Sale
4
Beds
3
Baths
4,100
Sq Ft
2525 E Ocean Boulevard
Long Beach, CA 90803
Single Family Residence - Active
$2,575,000
For Sale
4
Beds
3
Baths
2,602
Sq Ft
5649 E Sorrento Drive
Long Beach, CA 90803
Single Family Residence - Active
$2,490,000
For Sale
3
Beds
3
Baths
2,265
Sq Ft
102 Rivo Alto Canal
Long Beach, CA 90803
Single Family Residence - Active
$2,385,000
For Sale
3
Beds
2
Baths
2,650
Sq Ft
42 Rivo Alto Canal
Long Beach, CA 90803
Single Family Residence - Active
$1,998,000
For Sale
4
Beds
4
Baths
4,589
Sq Ft
121 Geneva Walk
Long Beach, CA 90803
Single Family Residence - Active

Search Homes for Sale in Belmont Shore, Naples, & Other 90803 Long Beach Neighborhoods

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