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90802 Real Estate Market Update

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Mid-Year 2015 Real Estate Review for 90802

 

Since the beginning of the year, average home sales prices in the 90802 area of Long Beach have slowly been on the rise, but the past couple months reversed that trend. Sales prices are averaging $273,000 in June 2015, which is down $59,000 from May and $80,000 from April 2015.

 

The monthly supply of inventory in June was up slightly from May, and is now at the same amount as in April of this year.

 

The number of closed sales is also on the rise. In June 2015, there were 6 closed sales, which is up from 5 in May and 3 in April. This, however, is still lower than June of last year, which had 8 closed sales.

 

The average percentage of original listing price to sales price has had quite a big jump. After the lowest numbers of 2015 recorded in May (at 89.6%), the average percentage is now back up to 96%.

Condo Sales Activity

Much of the downtown Long Beach housing  inventory consists of condominiums and the condo market has been very active so far in 2015 with sales steadily increasing and prices slowly trending up.

 

 

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For a personalized, detailed valuation report, please provide us with information on the form at the bottom of this page and we’d be happy to prepare that for you.

Homes Under Contract in 90802

$3,400,000
Multi-Family For Sale
Active Under Contract
0.19
ACRES
LOS ANGELES
COUNTY
1524 E 3rd Street
Long Beach, CA 90802
 
$774,000
Townhouse For Sale
Active Under Contract
2
BED
4
TOTAL BATHS
1,636
SQFT
229 Elm Avenue
Long Beach, CA 90802
Other (OTHR) Subdivision
$699,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
960
SQFT
1310 E Ocean Boulevard #903
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$698,800
Condo For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,570
SQFT
150 The Promenade N #208
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - 4 weeks online
$559,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
684
SQFT
1140 E Ocean Boulevard #242
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$555,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
1,050
SQFT
133 The Promenade N #326
Long Beach, CA 90802
Other (OTHR) Subdivision
$539,900
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,070
SQFT
400 W Ocean Boulevard #904
Long Beach, CA 90802
Downtown (DT) Subdivision
$499,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
834
SQFT
525 E Seaside Way #2001
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - a week online
$415,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
908
SQFT
555 Maine Avenue #105
Long Beach, CA 90802
Other (OTHR) Subdivision
$399,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
780
SQFT
1401 E 3rd Street #5
Long Beach, CA 90802
Other (OTHR) Subdivision
New Listing - 3 weeks online
$399,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
750
SQFT
150 The Promenade #221
Long Beach, CA 90802
 
$396,800
Condo For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
871
SQFT
1237 E 6th Street #310
Long Beach, CA 90802
Downtown (DT) Subdivision
$389,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
680
SQFT
488 E Ocean Boulevard #504
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - 2 weeks online
$385,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
772
SQFT
315 W 3rd Street #401
Long Beach, CA 90802
Downtown (DT) Subdivision
$383,750
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,132
SQFT
401 W 5th Street #3D
Long Beach, CA 90802
 
New Listing - 4 weeks online
$350,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
600
SQFT
628 Daisy Avenue #416
Long Beach, CA 90802
Downtown (DT) Subdivision
$329,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
697
SQFT
550 Orange Avenue #139
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 4 weeks online
$325,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
580
SQFT
1506 E 4th Street #209
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 3 weeks online
$320,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
696
SQFT
505 W 5th Street #209
Long Beach, CA 90802
 
$315,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
605
SQFT
1405 E 1st Street #11
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision

90802 Homes for Sale

$2,490,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
2,810
SQFT
207 E Broadway #801
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - 2 weeks online
$1,465,000
Condo For Sale
Active
3
BED
3
TOTAL BATHS
1,764
SQFT
23 4th Place #3
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 4 weeks online
$1,150,000
Condo For Sale
Active
3
BED
3
TOTAL BATHS
2,420
SQFT
1230 E Ocean Boulevard #601
Long Beach, CA 90802
 
$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

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