90802 Market Update

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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

With the exception of a few large fluctuations, home prices in 90802 have remained fairly constant in the past three years. A high peak of $912,000 occurred in August 2014. In February 2016 the median price of homes was $366,500. This is up just slightly from the month prior and up 4.7% from the year prior in February.

Active listings for single family homes for sale in 90802 have fluctuated a lot in the past three years. There were only five active listings in February 2016, but this is actually up 25% from February 2015.

Inventory in 90802 is low, but higher than Long Beach as a whole. Inventory was fairly balanced just a few months ago in January at 3.9 months. However, that number has since decreased. In February 2016 there was a 2.5 month supply of homes available. This reflects a 56.3% increase from the year prior in February.

Condominiums in 90802

The bulk of housing for sale in 90802 consists of condominiums. The median price of condos in 90802 has increased about $100,000 over the past three years. The median price reached a peak of $347,000 in January of this year and then dropped slightly last month. In February 2016, the median price of condos in 90802 was $335,000, which is up 21.6% from February 2015.

The number of active condo listings for sale in 90802 experienced a large surge in September 2014 but has declined significantly since then. In February 2016 there were 90 active listings.

The low number of active condo listings for sale in 90802 combined with relatively high demand translates into low inventory. In February 2016 there was a 2.2 month supply of condos on the market in 90802. A 4-6 month supply of homes is considered balanced between sellers and buyers so the current market strongly favors sellers.

Sellers Market

Inventory is low and demand is high in 90802. If you have been thinking about putting your home on the market in 90802, now is a great time!

90802 Homes in Escrow

$1,329,900
Multi-Family For Sale
Active Under Contract
0.1416
ACRES
LOS ANGELES
COUNTY
1001 E 5th Street
Long Beach, CA 90802
 
$949,999
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,580
SQFT
1310 E Ocean Boulevard #1505
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$889,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,080
SQFT
700 E Ocean Boulevard #2505
Long Beach, CA 90802
Other (OTHR) Subdivision
$859,000
Multi-Family For Sale
Active Under Contract
0.0287
ACRES
LOS ANGELES
COUNTY
618 Linden Avenue
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$729,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,593
SQFT
850 E Ocean Boulevard #201
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$699,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,440
SQFT
400 W Ocean Boulevard #1003
Long Beach, CA 90802
Downtown (DT) Subdivision
$649,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
1,534
SQFT
115 W 4th Street #207
Long Beach, CA 90802
Other (OTHR) Subdivision
$639,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
990
SQFT
488 E Ocean Boulevard #1008
Long Beach, CA 90802
Downtown (DT) Subdivision
$578,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
779
SQFT
1 3rd Place #201
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$569,000
Multi-Family For Sale
Active Under Contract
0.0576
ACRES
LOS ANGELES
COUNTY
514 Daisy Avenue
Long Beach, CA 90802
Downtown (DT) Subdivision
$560,000
Multi-Family For Sale
Active Under Contract
0.052
ACRES
LOS ANGELES
COUNTY
312 Daisy Avenue
Long Beach, CA 90802
Downtown (DT) Subdivision
$549,900
Condo For Sale
Active Under Contract
1
TOTAL BATHS
1,287
SQFT
433 Pine Avenue #301
Long Beach, CA 90802
Downtown (DT) Subdivision
$549,900
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,120
SQFT
388 E Ocean Boulevard #305
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - 3 weeks online
$525,000
Condo For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
958
SQFT
1616 E Ocean Boulevard #10
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$469,900
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,018
SQFT
1604 E 2nd Street #1H
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 3 weeks online
$419,900
Single Family Home For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
822
SQFT
441 N Zona Court
Long Beach, CA 90802
 
$414,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
680
SQFT
488 E Ocean Boulevard #1007
Long Beach, CA 90802
Other (OTHR) Subdivision
$399,999
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
907
SQFT
555 Maine Avenue #213
Long Beach, CA 90802
Other (OTHR) Subdivision
New Listing - a week online
$399,900
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
995
SQFT
1139 E Ocean Boulevard #203
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$399,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,045
SQFT
955 E 3rd Street #210
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision

Homes for Sale in 90802

$2,999,999
Condo For Sale
Active
10
BED
8
TOTAL BATHS
5,292
SQFT
421 3rd W
Long Beach, CA 90802
Downtown (DT) Subdivision
$1,869,000
Condo For Sale
Active
3
BED
3
TOTAL BATHS
2,431
SQFT
23 4th Place #5
Long Beach, CA 90802
Alamitos Beach (AB) 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
Price Change - yesterday
$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

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