90802 Market Update

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

No Results Found.

Current Homes for Sale in 90802

No Results Found.

Current Condos for Sale in 90802

New Listing - 3 weeks online
$2,500,000
Condo For Sale
Active
3
BEDS
3
TOTAL BATHS
2,685
SQFT
525 E Seaside Way #PH5
Long Beach, CA 90802
 
New Listing - 2 weeks online
$1,800,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,794
SQFT
1400 E Ocean Boulevard #1201
Long Beach, CA 90802
Ocean Terrace (Oct) Subdivision
New Listing - 2 weeks online
$1,750,000
Condo For Sale
Active
2
BEDS
3
TOTAL BATHS
2,090
SQFT
1310 E Ocean Boulevard #1403
Long Beach, CA 90802
Alamitos Beach (Ab) Subdivision
New Listing - 2 weeks online
$1,595,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,866
SQFT
1000 E Ocean Boulevard #717
Long Beach, CA 90802
Alamitos Beach (Ab) Subdivision
New Listing - 3 days online
$1,485,000
Condo For Sale
Active
3
BEDS
3
TOTAL BATHS
1,760
SQFT
400 W Ocean Boulevard #2903
Long Beach, CA 90802
Downtown (Dt) Subdivision
$1,375,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,540
SQFT
1310 E Ocean Boulevard #1506
Long Beach, CA 90802
Alamitos Beach (Ab) Subdivision
$1,325,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,540
SQFT
1310 E Ocean Boulevard #1107
Long Beach, CA 90802
Other (Othr) Subdivision
$1,250,000
Condo For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,310
SQFT
488 E Ocean Boulevard #P14
Long Beach, CA 90802
Downtown (Dt) Subdivision
$1,200,000
Condo For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,760
SQFT
400 W Ocean Boulevard #2002
Long Beach, CA 90802
Downtown (Dt) Subdivision
Price Change - 4 weeks ago
$1,195,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,540
SQFT
1310 E Ocean Boulevard #1007
Long Beach, CA 90802
Other Subdivision
$1,150,000
Condo For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,760
SQFT
400 W Ocean Boulevard #1602
Long Beach, CA 90802
Downtown (Dt) Subdivision
New Listing - 3 weeks online
$1,150,000
Condo For Sale
Coming Soon
2
BEDS
2
TOTAL BATHS
1,550
SQFT
1310 E Ocean Boulevard #702
Long Beach, CA 90802
Other (Othr) Subdivision
$1,125,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,660
SQFT
400 W Ocean Boulevard #1501
Long Beach, CA 90802
Downtown (Dt) Subdivision
Price Change - 4 days ago
$1,124,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,970
SQFT
1000 E Ocean Boulevard #409
Long Beach, CA 90802
Alamitos Beach (Ab) Subdivision
$1,100,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,369
SQFT
850 E Ocean Boulevard #406
Long Beach, CA 90802
Other (Othr) Subdivision
New Listing - 3 days online
$1,100,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,460
SQFT
400 W Ocean Boulevard #2601
Long Beach, CA 90802
Downtown (Dt) Subdivision
$1,099,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,260
SQFT
1230 E Ocean Boulevard #303
Long Beach, CA 90802
 
$1,060,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,231
SQFT
1750 E Ocean Boulevard #509
Long Beach, CA 90802
Queens Surf (Qs) Subdivision
$1,050,000
Condo For Sale
Pending
3
BEDS
4
TOTAL BATHS
2,285
SQFT
488 E Ocean Boulevard #P18
Long Beach, CA 90802
Other (Othr) Subdivision

 

About the Author

Shannon Jones has been selling real estate since 1998 and specializes in listing and marketing homes. She has consistently been one of the top Realtors in the Long Beach area. Prior to her award-winning career in real estate with the Shannon jones Team, Shannon has had successful careers in journalism and public relations. She holds a bachelors degree from UC Irvine and a masters degree from UC Berkeley. Shannon holds E-Pro, CDPE (Certified Distressed Property Expert), and PSC (Pre-Foreclosure Specialist) certifications. Shannon is very personable and maintains a very strong moral compass, always putting the best interest of home buyers/sellers above monetary goals. A California native, Shannon enjoys gardening, travel, reading, cooking and poker when she’s not selling homes MY DESIGNATIONS Lic# 01247705 | CDPE (Certified Distressed Property Expert) | E-Pro | PSC (Pre-Foreclosure Specialist) MY SERVICE AREAS Anaheim Bellflower Buena Park Carson Cerritos Cypress Downey Fountain Valley Garden Grove Huntington Beach La Palma Lakewood Long Beach Los Alamitos Los Angeles County Norwalk Orange County Rossmoor San Pedro Seal Beach Signal Hill South Bay Westminster

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