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

$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
$685,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,080
SQFT
700 E Ocean Boulevard #3101
Long Beach, CA 90802
International Towers (ITT) Subdivision
$675,000
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,175
SQFT
1741 E Erie Street
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$649,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
1,244
SQFT
100 W 5th Street #7E
Long Beach, CA 90802
Other (OTHR) Subdivision
$635,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
1,183
SQFT
115 W 4th Street #201
Long Beach, CA 90802
Downtown (DT) Subdivision
$539,000
Condo For Sale
Active Under Contract
1
TOTAL BATHS
1,126
SQFT
433 Pine Avenue #309
Long Beach, CA 90802
Downtown (DT) Subdivision
$499,800
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
834
SQFT
525 E Seaside Way #2101
Long Beach, CA 90802
Downtown (DT) Subdivision
$499,500
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
881
SQFT
850 E Ocean Boulevard #713
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$499,000
Condo For Sale
Active Under Contract
1
BED
2
TOTAL BATHS
1,030
SQFT
300 E 4th Street #309
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$474,999
Condo For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,155
SQFT
555 Maine Avenue #214
Long Beach, CA 90802
Other (OTHR) Subdivision
$469,980
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
930
SQFT
215 Atlantic Avenue #402
Long Beach, CA 90802
Atlantic Plaza (APZ) Subdivision
$412,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
960
SQFT
327 Chestnut Avenue #108
Long Beach, CA 90802
Downtown (DT) 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
$357,500
Condo For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
796
SQFT
645 Chestnut Avenue #203
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - 2 weeks online
$345,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
629
SQFT
140 Linden Avenue #956
Long Beach, CA 90802
Lafayette Building (LF) Subdivision
Price Change - 4 weeks ago
$325,000
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
$300,250
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
715
SQFT
350 Cedar Avenue #504
Long Beach, CA 90802
 
Price Change - 4 weeks ago
$289,250
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
680
SQFT
445 W 6th Street #205
Long Beach, CA 90802
 
$285,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
707
SQFT
375 Atlantic Avenue #407
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - 3 weeks online
$272,900
Condo For Sale
Active Under Contract
1
TOTAL BATHS
457
SQFT
315 W 3rd Street #210
Long Beach, CA 90802
Downtown (DT) Subdivision

Homes for Sale in 90802

$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
$1,250,000
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
New Listing - a week online
$1,150,000
Condo For Sale
Active
2
BED
3
TOTAL BATHS
1,930
SQFT
388 E Ocean Boulevard #P10
Long Beach, CA 90802
Downtown (DT) Subdivision
$1,100,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,409
SQFT
1000 E Ocean Bloulevard E #306
Long Beach, CA 90802
Out Of Area Subdivision

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