90802 Real Estate Market Update

condo view the promenade Long Beach

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.

 

 

Wondering what your home is worth?

For an automated valuation report far more accurate than Zillow, click here. 

Would you like to receive regular Market Snapshots of activity in your area? Request that here. 

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

$1,388,000
Multi-Family For Sale
Active Under Contract
0.1224
ACRES
LOS ANGELES
COUNTY
1719 E Florida Street
Long Beach, CA 90802
 
$1,300,000
ResidentialIncome For Sale
Active Under Contract
0.0863
ACRES
LOS ANGELES
COUNTY
1145 E 2nd Street
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 2 weeks online
$1,050,000
Condo For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,556
SQFT
1400 E Ocean Boulevard #2407
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$850,000
ResidentialIncome For Sale
Active Under Contract
0.075
ACRES
LOS ANGELES
COUNTY
541 Cerritos Avenue
Long Beach, CA 90802
 
New Listing - 2 weeks online
$829,000
Condo For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,293
SQFT
1400 E Ocean Boulevard #2208
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$715,000
Condo For Sale
Active Under Contract
2
BED
3
TOTAL BATHS
1,528
SQFT
1901 E Ocean Boulevard #302
Long Beach, CA 90802
Bluff Park (BLF) Subdivision
$683,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,115
SQFT
388 E Ocean Boulevard #616
Long Beach, CA 90802
Downtown (DT) Subdivision
$599,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
1,129
SQFT
100 W 5th Street #2J
Long Beach, CA 90802
Other (OTHR) Subdivision
$599,000
Condo For Sale
Active Under Contract
2
BED
3
TOTAL BATHS
1,570
SQFT
133 The Promenade N #103
Long Beach, CA 90802
Downtown (DT) Subdivision
$569,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,040
SQFT
411 W Seaside Way #505
Long Beach, CA 90802
Downtown (DT) Subdivision
$555,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,145
SQFT
1404 E 1st Street #1
Long Beach, CA 90802
Other (OTHR) Subdivision
$535,000
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
$527,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
868
SQFT
800 E Ocean Boulevard #902
Long Beach, CA 90802
Villa Riviera (VLR) Subdivision
Price Change - 4 weeks ago
$499,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
1,034
SQFT
1635 E Ocean Boulevard #3B
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 2 weeks online
$429,900
Condo For Sale
Active Under Contract
2
TOTAL BATHS
949
SQFT
315 W 3rd Street #807
Long Beach, CA 90802
Willmore District (WM) Subdivision
$425,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,068
SQFT
1054 E 2nd Street #302
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
New Listing - 4 weeks online
$405,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
884
SQFT
1273 E 1st Street #1
Long Beach, CA 90802
Other (OTHR) Subdivision
$399,900
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
904
SQFT
421 W 6th Street #108
Long Beach, CA 90802
Downtown (DT) Subdivision
New Listing - 2 weeks online
$399,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
884
SQFT
421 W 6th Street #203
Long Beach, CA 90802
 
$395,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
991
SQFT
628 Daisy Avenue #222
Long Beach, CA 90802
Downtown (DT) Subdivision

90802 Homes for Sale

$2,100,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
2,810
SQFT
207 E Broadway #801
Long Beach, CA 90802
Downtown (DT) Subdivision
$1,465,000
Condo For Sale
Active
3
BED
3
TOTAL BATHS
1,764
SQFT
23 4th Place #3
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$1,199,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,259
SQFT
1400 E Ocean Boulevard #1305
Long Beach, CA 90802
Alamitos Beach (AB) Subdivision
$1,189,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,970
SQFT
1000 E. Ocean #516
Long Beach, CA 90802
Other (OTHR) 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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