90802 Market Update

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

90802 Market Update: Real Estate Statistics and Information for the 90802 Areas of Long Beach, CA

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

The price of homes in 90802 have remained fairly consistent, with the exception of a major price surge in August 2014. At $291,000 in January 2016, the median price is 36% lower than the year prior in January. However, 90802 is a mostly condominium filled area of Long Beach so the number of condos sold in 90802 far exceeds single family homes sold.

In January 2016 there were seven active single family home listings and one closed sale. The number of active listings has fluctuated a lot in 90802. However, the market has way more active condominium listings.

After a dip in December, the inventory of single family homes in 90802 iincreased in January 2016, rising to a 3.9 month supply of homes on the market. This reflects a 95% increase from January 2015.

Condominiums in 90802

The price of condominiums in 90802 is higher than it’s been for several years. Since 2013, condominium prices have increased fairly steadily. In January 2016, the median price was $347,000, which reflects a 31.2% increase from the year prior in January. Just in the past two months, the median price increased from $290,000 to $347,000.

The number of active condo listings in 90802 is quite low. In January 2016 there were 89 active listings, down 21.2% from the year prior and at the lowest level since early 2013.

Coinciding with the low number of active listings, inventory is also very low. In January 2016, there was a 2.2 month supply of condos on the market in 90802, which reflects a 37.1% decrease from the year prior in January. Overall, inventory has not been this low since March 2013.

Bottom Line

The market is extremely competitive for those looking to buy a condominium in 90802. For sellers this means a high rate of return can be expected. If you are thinking about selling or buying a single family home in 90802, the market is quite balanced, meaning both sellers and buyers can benefit equally.

90802 Homes in Escrow

$3,899,000
Multi-Family For Sale
Active Under Contract
0.4118
ACRES
LOS ANGELES
COUNTY
420 Orange Avenue
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$1,399,000
Condo For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
2,140
SQFT
700 E Ocean Boulevard #3007
Long Beach, CA 90802
International Towers (ITT) Subdivision
$1,089,000
Condo For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,510
SQFT
1000 E Ocean Boulevard #403
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 2 weeks online
$850,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,540
SQFT
1310 E Ocean Boulevard #1506
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 2 weeks online
$750,000
Single Family Home For Sale
Active Under Contract
4
BED
2
TOTAL BATHS
1,864
SQFT
732 E 3rd Street
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
$599,900
Single Family Home For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
840
SQFT
1751 E Erie Street
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 3 weeks online
$470,000
Townhouse For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,028
SQFT
1018 E 3rd Street #F
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$402,500
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
746
SQFT
488 E Ocean Boulevard #512
Long Beach, CA 90802
Downtown (DT) Subdivision
$399,999
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
820
SQFT
100 Atlantic #700
Long Beach, CA 90802
Royal Palms (RP) Subdivision
$399,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
680
SQFT
488 E Ocean Boulevard #1112
Long Beach, CA 90802
Atlantic Plaza (APZ) Subdivision
$399,500
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
732
SQFT
1140 E Ocean #232
Long Beach, CA 90802
 
New Listing - 3 weeks online
$398,800
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
966
SQFT
535 Magnolia Avenue #312
Long Beach, CA 90802
Downtown (DT) Subdivision
$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
$384,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
590
SQFT
388 E Ocean Boulevard #409
Long Beach, CA 90802
Downtown (DT) Subdivision
$379,999
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,027
SQFT
545 Chestnut Avenue #208
Long Beach, CA 90802
Downtown (DT) Subdivision
$357,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
616
SQFT
1405 E 1st Street #1
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$350,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
772
SQFT
315 W 3rd Street #401
Long Beach, CA 90802
Willmore District (WM) Subdivision
New Listing - 4 weeks online
$349,900
Condo For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
858
SQFT
628 Daisy Avenue #401
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision

Homes for Sale in 90802

No Results Found.

90802 Condos in Escrow

$1,399,000
Condo For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
2,140
SQFT
700 E Ocean Boulevard #3007
Long Beach, CA 90802
International Towers (ITT) Subdivision
$930,000
Condo For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,520
SQFT
25 15th Place #101
Long Beach, CA 90802
Other (OTHR) Subdivision
New Listing - 2 weeks online
$850,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,540
SQFT
1310 E Ocean Boulevard #1506
Long Beach, CA 90802
Alamitos Beach (AB) 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
$409,000
Condo For Sale
Active Under Contract
1
TOTAL BATHS
702
SQFT
800 E Ocean Boulevard #206
Long Beach, CA 90802
Villa Riviera (VLR) Subdivision
$402,500
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
746
SQFT
488 E Ocean Boulevard #512
Long Beach, CA 90802
Downtown (DT) Subdivision
$399,999
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
820
SQFT
100 Atlantic #700
Long Beach, CA 90802
Royal Palms (RP) Subdivision
$399,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
680
SQFT
488 E Ocean Boulevard #1112
Long Beach, CA 90802
Atlantic Plaza (APZ) Subdivision
$399,500
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
732
SQFT
1140 E Ocean #232
Long Beach, CA 90802
 
New Listing - 3 weeks online
$398,800
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
966
SQFT
535 Magnolia Avenue #312
Long Beach, CA 90802
Downtown (DT) Subdivision
$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
$384,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
590
SQFT
388 E Ocean Boulevard #409
Long Beach, CA 90802
Downtown (DT) Subdivision
$379,999
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,027
SQFT
545 Chestnut Avenue #208
Long Beach, CA 90802
Downtown (DT) Subdivision
$357,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
616
SQFT
1405 E 1st Street #1
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$350,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
772
SQFT
315 W 3rd Street #401
Long Beach, CA 90802
Willmore District (WM) Subdivision
New Listing - 4 weeks online
$349,900
Condo For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
858
SQFT
628 Daisy Avenue #401
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 4 weeks online
$349,000
Condo For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
830
SQFT
1404 E 1st Street #10
Long Beach, CA 90802
Other (OTHR) Subdivision
$337,500
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
539
SQFT
140 Linden Avenue #962
Long Beach, CA 90802
Lafayette Building (LF) Subdivision
New Listing - 2 weeks online
$320,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
700
SQFT
505 W 5th Street #114
Long Beach, CA 90802
Other (OTHR) Subdivision

Condos for Sale in 90802

Open House 11/17 at 12PM
$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
$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
$1,250,000
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
$1,150,000
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
$1,089,000
Condo For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,510
SQFT
1000 E Ocean Boulevard #403
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$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
New Listing - 2 weeks online
$1,075,000
Condo For Sale
Active
3
BED
4
TOTAL BATHS
2,285
SQFT
488 E Ocean Boulevard #P1
Long Beach, CA 90802
Downtown (DT) Subdivision
$1,048,800
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
$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
$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
New Listing - 4 weeks online
$930,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,520
SQFT
25 15th Place #101
Long Beach, CA 90802
Other (OTHR) Subdivision
New Listing - 2 weeks online
$920,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,116
SQFT
1750 Ocean Boulevard #1605
Long Beach, CA 90802
Not Applicable-1 Subdivision
$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
Price Change - 2 weeks ago
$895,000
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
$895,000
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
$889,000
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 - 2 weeks online
$888,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,251
SQFT
1 3rd Place #805
Long Beach, CA 90802
Ocean Terrace (OCT) Subdivision
New Listing - 3 weeks online
$875,000
Condo For Sale
Active
2
BED
1
TOTAL BATHS
1,018
SQFT
1174 E Ocean Boulevard #18
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
Price Change - 2 weeks ago
$850,000
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