90802 Market Update

90802

September Market Update for the 90802 area of Long Beach, CA.

Real Estate Statistics for Downtown, East Village, and Alamitos Beach.

 

The number of closed home sales in the 90802 area have been a bit sporadic in the last year, but for the month of August, there were 5 closed sales, up from 4 in the month of July.

 

Though in Long Beach as a whole, the month’s supply of homes has gone down, the opposite has happened in 90802. Currently there is a 3.6 months supply of home, which is 33.3% higher than this time last year.

 

For the past several months, median home sales prices for 90802 have been falling. Currently the median sales price is at $120,000 and is the second lowest point of 2015.

 

Homes in Long Beach have been selling very quickly due to a hot market, and 90802 is no exception. The median days on market for single family homes was at 44 in August, down 22 days from June of this year.

 

Condos in 90802

The 90802 area of Long Beach is full of condos, many of which are in very desirable locations. It should come to no surprise then that closed sales for condos have been high most of 2015. In August there were 43 closed sales, up 26.5% from this time last year.

 

Median sales prices for condos have been climbing over the years, and this year is no exception. The median condo sales price for 90802 in August was $300,000, up 16.1% from this time last year.

 

Due to the popularity of 90802 condos, the months supply of inventory has been dropping all year, and is currently at 2.9. That is 46.3% less than last year’s supply.

 

A Perfect Market for Sellers

If you are thinking of selling your home or condo in 90802, now is the perfect time! Supply is low and demand is high. And so are the prices!

If you are curious about what your home is worth, take a few seconds to fill out the form below and we’ll prepare an expert market analysis of your home at no cost!

 

If you would like to see how 90802 compares to the rest of Long Beach, click here for the full Market Report.

 

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 - 3 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 - 5 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 - yesterday
$1,150,000
Condo For Sale
Active
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 - 7 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 - 5 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
 
$1,050,000
Condo For Sale
Pending
3
BEDS
4
TOTAL BATHS
2,285
SQFT
488 E Ocean Boulevard #P18
Long Beach, CA 90802
Other (Othr) Subdivision
New Listing - 3 days online
$1,050,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,320
SQFT
25 15th Place #802
Long Beach, CA 90802
Alamitos Beach (Ab) 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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