90802 Market Update

shannonjones CA , California , Long Beach , Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

January 2016 Market Update for the 90802 area of Long Beach, CA

90802 Real Estate Statistics and Information

Including the Neighborhoods of Downtown, East Village, and Alamitos Beach

Home prices rose modestly last year in 90802 for both single family homes and condos. The median home price in 90802 last month was $455,000, which is up slightly from December 2014.

However, only a handful of property sales in 90802 were single family homes. There were three closed sales of single family homes in December of 2015. This reflects a 200% increase from the year prior. Most of the housing in 90802 is either condominiums or apartments. There were 54 closed sales of condominiums in December of 2015, the highest level since 2012 and up 45.9% from the previous December.

Condominium Prices in 90802

For condominiums, the median sales price was $309,000 in December 2015,  up 7.7% higher from the prior December.

 

 

The supply of condos for sale in 90802 is lower than it’s been since 2012. Last month, there was a 2 month supply of condos for sale, which is 44% below the same time last year.

 

 

Sellers Market

Based on the current data, now is a great time for sellers to put their home on the market in downtown Long Beach and other 90802 neighborhoods. Potential buyers are seeking properties in 90802 but there are not a lot of homes to choose from. If you would like to find out what your home is worth in today’s market, fill out the form below and we would be happy to provide you with a custom market evaluation.

 90802 Condos in Escrow

$889,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,593
SQFT
850 E Ocean Boulevard #901
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$875,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,040
SQFT
411 W Seaside Way #1402
Long Beach, CA 90802
Downtown (DT) Subdivision
$699,900
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,399
SQFT
525 E Seaside Way #309
Long Beach, CA 90802
Other (OTHR) Subdivision
$615,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
990
SQFT
488 E Ocean Boulevard #1408
Long Beach, CA 90802
Downtown (DT) Subdivision
$580,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,450
SQFT
300 E 4th Street #117
Long Beach, CA 90802
Downtown (DT) Subdivision
$540,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,146
SQFT
1763 E Appleton Street #1
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$539,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,185
SQFT
425 E Ocean Boulevard #420
Long Beach, CA 90802
Not Applicable-4 (NA4) Subdivision
$499,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
986
SQFT
1739 E Broadway #2
Long Beach, CA 90802
Other (OTHR) Subdivision
New Listing - 2 weeks online
$440,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,156
SQFT
955 E 3rd Street #317
Long Beach, CA 90802
Alamitos Heights (AH) Subdivision
$429,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
770
SQFT
16 3rd Place
Long Beach, CA 90802
Downtown (DT) Subdivision
$409,000
Condo For Sale
Active Under Contract
1
TOTAL BATHS
992
SQFT
433 Pine Avenue #100
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - 4 weeks online
$399,500
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
732
SQFT
1140 E Ocean #232
Long Beach, CA 90802
 
$395,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
746
SQFT
388 E Ocean Boulevard #806
Long Beach, CA 90802
Downtown (DT) Subdivision
$385,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
966
SQFT
535 Magnolia Avenue #213
Long Beach, CA 90802
Other (OTHR) Subdivision
New Listing - 3 weeks online
$385,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
920
SQFT
535 Magnolia Avenue #417
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - 4 weeks online
$355,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
789
SQFT
707 W 4th Street #21
Long Beach, CA 90802
Downtown (DT) Subdivision
$329,500
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
714
SQFT
311 Cherry Avenue #4
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$293,000
Condo For Sale
Active Under Contract
1
TOTAL BATHS
443
SQFT
360 W Ocean Boulevard #208
Long Beach, CA 90802
Other (OTHR) Subdivision
$269,000
Condo For Sale
Active Under Contract
1
TOTAL BATHS
490
SQFT
100 Atlantic Avenue #603
Long Beach, CA 90802
Downtown (DT) Subdivision

Current Homes for Sale in 90802

No Results Found.

Current Condos for Sale in 90802

New Listing - 2 weeks online
$2,900,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
2,810
SQFT
207 E Broadway #801
Long Beach, CA 90802
Downtown (DT) Subdivision
$2,800,000
Condo For Sale
Active
10
BED
8
TOTAL BATHS
5,292
SQFT
421 3rd W
Long Beach, CA 90802
Downtown (DT) Subdivision
$1,399,000
Condo For Sale
Active
3
BED
3
TOTAL BATHS
2,140
SQFT
700 E Ocean Boulevard #3007
Long Beach, CA 90802
International Towers (ITT) Subdivision
$1,259,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,663
SQFT
1000 E Ocean Boulevard #301
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$1,250,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,409
SQFT
1000 E Ocean Boulevard #305
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$1,195,000
Condo For Sale
Active
3
BED
3
TOTAL BATHS
2,262
SQFT
488 E Ocean Boulevard #P3
Long Beach, CA 90802
Downtown (DT) Subdivision
$1,150,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,409
SQFT
1000 E Ocean Boulevard #104
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 3 weeks online
$1,099,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,556
SQFT
1400 E Ocean Boulevard #2407
Long Beach, CA 90802
Other (OTHR) Subdivision
$1,098,800
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,952
SQFT
1000 E Ocean Boulevard #715
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 3 weeks online
$1,089,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,510
SQFT
1000 E Ocean Boulevard #403
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 5 days online
$1,079,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,952
SQFT
1000 E Ocean Boulevard #615
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$1,025,000
Condo For Sale
Active
3
BED
4
TOTAL BATHS
2,180
SQFT
388 E Ocean Boulevard #P1
Long Beach, CA 90802
Downtown (DT) Subdivision
$995,000
Condo For Sale
Active
3
BED
4
TOTAL BATHS
2,330
SQFT
388 E Ocean Boulevard #P5
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - 3 weeks online
$995,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,330
SQFT
411 W Seaside Way #1901
Long Beach, CA 90802
Downtown (DT) Subdivision
$949,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,399
SQFT
850 E Ocean Boulevard #405
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$929,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,423
SQFT
850 E Ocean Boulevard #1309
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 2 weeks online
$929,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,080
SQFT
700 E Ocean Boulevard #3005
Long Beach, CA 90802
International Towers (ITT) Subdivision
New Listing - 4 weeks online
$899,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,377
SQFT
850 E Ocean Boulevard #803
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$899,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,377
SQFT
850 E Ocean Boulevard #503
Long Beach, CA 90802
Downtown (DT) Subdivision
$895,888
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,682
SQFT
1000 E Ocean Boulevard #410
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision

 

Free Home Evaluation

The value of your home has most certainly changed since you bought it! Take a few seconds to fill out the form below and we'll prepare an expert market analysis of your home at no cost!
  • Tell us a little bit about your situation
  • Where is the property located?
  • Who can we contact with your completed market analysis?

About the Author
author photo