90803 Real Estate Market Update

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January 2016 Real Estate Market Update for the 90803 Area of Long Beach, CA

90803 Real Estate Statistics and Information

Including the Neighborhoods of Belmont Shore, Belmont Park, Belmont Heights, Naples, the Peninsula, Bluff Park, Bluff Heights, Spinnaker, Bay and Cove, University Park Estates, and Bixby Village

Home prices in 90803 have shown periods of significant change since 2012, but the general trend shows that prices are rising. From December 2014 to December 2015, median home prices in 90803 increased just slightly. In December 2015, the median price of homes was $1,010,000, up 6.3% higher than in December 2014. Compared to home prices three years ago, this is a substantial increase.

While the median home price in 90803 increases slightly, the median price per square foot decreased slightly. In December 2015, the price per square foot averaged $524, down 2.6%  from December 2014.

There has been a dramatic decline in the supply of homes for sale in 90803 since 2012. Three years ago, the supply of homes on the market was close to seven months. In December 2015, the supply of homes was 3.9 months, which 11.4% below December 2014. Though there has been a dramatic decline in the past three years, the current inventory represents a relatively balanced market compared to many areas of Long Beach.

Condominiums in 90803

The supply of condominiums in the 90803 area is extremely tight.  In December 2015, the inventory was 1.3 months, which reflects a 53.6% decline from December 2014.

Like home prices, the median condo price in 90803 also increased slightly in the past year and maintained an overall increasing trend since 2012. In December 2015, the median sales price was $403,750, up 11.8% from the previous year in December.

Now is a great time for both sellers and buyers!

Based on the low inventory of homes, now is an especially good time for condominium owners to put their condo on the market. For buyers and sellers, the housing market is fairly balanced based on the supply of homes. If you’d like to know what your home is worth, fill out the form below and we’d be happy to provide you with a report.

Homes Under Contract in 90803

No Results Found.

Homes for Sale in 90803

No Results Found.

Condos Under Contract in 90803

New Listing - 4 weeks online
$698,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,400
SQFT
5220 Marina Pacifica Drive N
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
$579,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,231
SQFT
3609 E 2nd Street #208
Long Beach, CA 90803
Belmont Heights (BH) Subdivision
$505,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
750
SQFT
2601 E Ocean Boulevard #506
Long Beach, CA 90803
Versailles (VRS) Subdivision

Condos for Sale in 90803

New Listing - 7 days online
$1,349,000
Condo For Sale
Active
5
BED
3
TOTAL BATHS
3,002
SQFT
5564 E Saint Irmo Walk
Long Beach, CA 90803
Naples (NA) Subdivision
New Listing - 3 weeks online
$1,018,888
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,510
SQFT
2999 E Ocean Boulevard #1830
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
$995,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,221
SQFT
1 62nd Place #302
Long Beach, CA 90803
Peninsula (PI) Subdivision
$829,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,777
SQFT
8316 Marina Pacifica Dr. N
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
$757,000
Condo For Sale
Active
2
BED
3
TOTAL BATHS
1,474
SQFT
7339 Marina Pacifica Drive N
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
$749,900
Condo For Sale
Active
3
BED
3
TOTAL BATHS
1,327
SQFT
3811 E Livingston Drive #102
Long Beach, CA 90803
Belmont Heights (BH) Subdivision
$749,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
961
SQFT
6150 E Bay Shore #301
Long Beach, CA 90803
Peninsula (PI) Subdivision
New Listing - 4 weeks online
$698,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,400
SQFT
5220 Marina Pacifica Drive N
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
$684,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,207
SQFT
1 62nd Place #303
Long Beach, CA 90803
Peninsula (PI) Subdivision
$675,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,006
SQFT
5959 E Naples #209
Long Beach, CA 90803
Naples (NA) Subdivision
$579,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,231
SQFT
3609 E 2nd Street #208
Long Beach, CA 90803
Belmont Heights (BH) Subdivision
New Listing - 2 weeks online
$555,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
926
SQFT
9231 Marina Pacifica Drive N
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
New Listing - 2 weeks online
$535,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
828
SQFT
7101 Marina Pacifica Drive S.
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
New Listing - 2 weeks online
$510,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,191
SQFT
26 Loma Avenue
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
$509,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,145
SQFT
3901 E Livingston Drive #201
Long Beach, CA 90803
Belmont Shore (BSD) Subdivision
$505,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
750
SQFT
2601 E Ocean Boulevard #506
Long Beach, CA 90803
Versailles (VRS) Subdivision
New Listing - 2 weeks online
$500,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,143
SQFT
2100 2nd Street #503
Long Beach, CA 90803
Not Applicable-1 Subdivision
$499,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,026
SQFT
282 Redondo Avenue #205
Long Beach, CA 90803
Belmont Heights (BH) Subdivision
$475,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
880
SQFT
3529 E Broadway #8
Long Beach, CA 90803
Belmont Heights (BH) Subdivision
$474,900
Condo For Sale
Active
1
BED
1
TOTAL BATHS
926
SQFT
7105 Marina Pacifica Drive S
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision

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