90803 Real Estate Market Update

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 - 2 weeks online
$1,100,000
Condo For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,913
SQFT
3309 E Ocean Boulevard #3
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
$827,000
Condo For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,484
SQFT
5400 E The Toledo #411
Long Beach, CA 90803
Naples (NA) Subdivision
$650,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,029
SQFT
2601 E Ocean Boulevard #211
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
$609,000
Condo For Sale
Active Under Contract
1
BED
2
TOTAL BATHS
1,171
SQFT
5226 Marina Pacifica Drive N
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
$535,700
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
926
SQFT
9231 Marina Pacifica Drive N
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
New Listing - 4 weeks online
$515,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,156
SQFT
2055 E Broadway #302
Long Beach, CA 90803
 
New Listing - 2 weeks online
$499,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
878
SQFT
185 Quincy Avenue #301
Long Beach, CA 90803
Belmont Shore (BSD) Subdivision
$429,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
685
SQFT
3939 E Allin Street #118
Long Beach, CA 90803
Belmont Shore (BSD) Subdivision
$424,999
Condo For Sale
Active Under Contract
1
BED
2
TOTAL BATHS
1,008
SQFT
3833 E 2nd Street #105
Long Beach, CA 90803
Belmont Heights (BH) Subdivision
New Listing - 4 weeks online
$409,500
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
650
SQFT
7231 Marina Pacifica Drive S
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
New Listing - 2 weeks online
$399,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
770
SQFT
2105 E Ocean Boulevard #14
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
New Listing - 4 weeks online
$319,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
614
SQFT
2838 E Mariquita Street #9
Long Beach, CA 90803
 

Condos for Sale in 90803

$2,950,000
Condo For Sale
Active
0.1343
ACRES
LOS ANGELES
COUNTY
211 Mira Mar Avenue
Long Beach, CA 90803
Belmont Heights (BH) Subdivision
$2,399,000
Condo For Sale
Active
0.055
ACRES
LOS ANGELES
COUNTY
63 65th Place
Long Beach, CA 90803
Peninsula (PI) Subdivision
New Listing - 2 weeks online
$1,100,000
Condo For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,913
SQFT
3309 E Ocean Boulevard #3
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
$827,000
Condo For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,484
SQFT
5400 E The Toledo #411
Long Beach, CA 90803
Naples (NA) Subdivision
$789,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,207
SQFT
1 62nd Place #303
Long Beach, CA 90803
Peninsula (PI) Subdivision
Price Change - 2 weeks ago
$738,700
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,171
SQFT
201 Bay Shore Avenue #103
Long Beach, CA 90803
Belmont Shore (BSD) Subdivision
New Listing - 2 days online
$699,990
Condo For Sale
Active
2
BED
2
TOTAL BATHS
961
SQFT
6150 E Bay Shore #301
Long Beach, CA 90803
Peninsula (PI) Subdivision
$679,900
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,006
SQFT
5959 E Naples Plaza #208
Long Beach, CA 90803
 
$650,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,029
SQFT
2601 E Ocean Boulevard #211
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
$625,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,440
SQFT
280 Molino Avenue #201
Long Beach, CA 90803
La Virdene (LVD) Subdivision
New Listing - a week online
$624,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,483
SQFT
2121 E 1st Street #301
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
$609,000
Condo For Sale
Active Under Contract
1
BED
2
TOTAL BATHS
1,171
SQFT
5226 Marina Pacifica Drive N
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
$599,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,325
SQFT
9111 Marina Pacifica Drive N
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
$598,000
Condo For Sale
Active
1
BED
2
TOTAL BATHS
1,115
SQFT
7135 Marina Pacifica Drive S
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
$598,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,115
SQFT
7235 Marina Pacifica Drive S
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
New Listing - 2 weeks online
$589,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,347
SQFT
2538 E 2nd Street #207
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
$564,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,266
SQFT
3101 E 2nd Street #9C
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
Price Change - 3 days ago
$559,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,020
SQFT
2601 E Ocean Boulevard #203
Long Beach, CA 90803
Bluff Park (BLF) Subdivision
$549,500
Condo For Sale
Active
1
BED
1
TOTAL BATHS
926
SQFT
7232 Marina Pacifica Drive N
Long Beach, CA 90803
Marina Pacifica (MRP) Subdivision
$549,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
873
SQFT
7218 Marina Pacifica Drive N
Long Beach, CA 90803
Marina Pacifica (MRP) 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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