viewthepromenade -

90802 Real Estate Market Update

shannonjones City of Long Beach , Downtown Long Beach , Long Beach Real Estate , Real Estate , Real Estate Market Update Leave a Comment

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

$1,925,000
For Sale
600 Almond Avenue
Long Beach, CA 90802
Alamitos Beach (AB) - Active Under Contract
$1,500,000
For Sale
1115 E Broadway
Long Beach, CA 90802
Alamitos Beach (AB) - Active Under Contract
$1,490,000
For Sale
727 E 5th Street
Long Beach, CA 90802
Quadruplex - Active Under Contract
$1,128,000
For Sale
1208 E Broadway
Long Beach, CA 90802
Alamitos Beach (AB) - Active Under Contract
$1,025,000
For Sale
2
Beds
2
Baths
1,259
Sq Ft
1400 E Ocean Boulevard #1105
Long Beach, CA 90802
Condo - Active Under Contract
$925,000
For Sale
3
Beds
2
Baths
1,760
Sq Ft
400 W Ocean #1403
Long Beach, CA 90802
Condo - Active Under Contract
$789,000
For Sale
3
Beds
2
Baths
1,293
Sq Ft
1400 E Ocean Boulevard #2108
Long Beach, CA 90802
Condo - Active Under Contract
$780,000
For Sale
2
Beds
2
Baths
1,040
Sq Ft
411 Seaside
Long Beach, CA 90802
Condo - Active Under Contract
Short Sale
$751,000
For Sale
2
Beds
2
Baths
1,660
Sq Ft
400 W Ocean Boulevard #1804
Long Beach, CA 90802
Condo - Active Under Contract
New Listing - 3 weeks online
$719,000
For Sale
3
Beds
3
Baths
2,180
Sq Ft
150 The Promenade N #210
Long Beach, CA 90802
Condo - Active Under Contract
New Listing - 3 weeks online
$715,000
For Sale
3
Beds
1
Baths
1,472
Sq Ft
500 Cherry Avenue
Long Beach, CA 90802
Single Family Home - Active Under Contract
New Listing - 3 weeks online
$699,000
For Sale
2
Beds
1
Baths
1,902
Sq Ft
1100 E 3rd Street #206
Long Beach, CA 90802
Condo - Active Under Contract
$698,000
For Sale
2
Beds
2
Baths
1,250
Sq Ft
1030 E Ocean Boulevard #210
Long Beach, CA 90802
Condo - Active Under Contract
$650,000
For Sale
3
Beds
2
Baths
1,012
Sq Ft
111 N Edison Place
Long Beach, CA 90802
Single Family Home - Active Under Contract
$649,000
For Sale
2
Beds
2
Baths
1,020
Sq Ft
388 E Ocean Boulevard #916
Long Beach, CA 90802
Condo - Active Under Contract
New Listing - a week online
$638,000
For Sale
2
Beds
1
Baths
1,175
Sq Ft
100 W 5th Street #4B
Long Beach, CA 90802
Condo - Active Under Contract
$609,900
For Sale
1
Beds
1
Baths
986
Sq Ft
433 Pine Avenue #407
Long Beach, CA 90802
Condo - Active Under Contract
New Listing - 2 weeks online
$609,900
For Sale
1
Beds
1
Baths
954
Sq Ft
433 Pine Avenue #405
Long Beach, CA 90802
Condo - Active Under Contract
$602,900
For Sale
1
Beds
1
Baths
947
Sq Ft
433 Pine Avenue #408
Long Beach, CA 90802
Condo - Active Under Contract
New Listing - 2 weeks online
$575,000
For Sale
3
Beds
1
Baths
1,012
Sq Ft
117 N Edison Place
Long Beach, CA 90802
Single Family Home - Active Under Contract

90802 Homes for Sale

New Listing - a week online
$2,025,000
For Sale
621 E 6th Street
Long Beach, CA 90802
Condo - Active
$1,450,000
For Sale
2
Beds
2
Baths
2,872
Sq Ft
800 E Ocean Boulevard #1508
Long Beach, CA 90802
Condo - Active
$1,390,000
For Sale
2
Beds
2
Baths
2,310
Sq Ft
488 E Ocean Boulevard #P14
Long Beach, CA 90802
Condo - Active
$1,250,000
For Sale
2
Beds
2
Baths
1,587
Sq Ft
850 E Ocean #1604
Long Beach, CA 90802
Condo - Active

Free Home Evaluation

The value of your home has most certainly changed since you bought it! Take a few seconds to fill out the form below and we'll prepare an expert market analysis of your home at no cost!
  • Tell us a little bit about your situation
  • Where is the property located?
  • Who can we contact with your completed market analysis?
About the Author