Search of Downtown Long Beach Condos by Price Range
You have lots of options in downtown Long Beach for condos and homes. There are beautiful and affordable downtown Long Beach condos for sale. Review all high rises, mid-rises, and low rise buildings and amenities.
|Downtown Long Beach Condos||Price Ranges||Long Beach Real Estate|
|Downtown Directory||$600,000 to $700,000||Over $1.2 million|
|$300,000 to $400,000||$700,000 to $800,000||All Long Beach Condos|
|$400,000 to $500,000||$800,000 to $900,000||Ocean View Condos|
|$500,000 to $600,000||$900,000 to $1,200,00||Customize Your Search|
How is the Housing Market for Downtown Long Beach Condos?
Review the most recent trends in the housing market in the downtown area of Long Beach, California.
|Downtown Long Beach Condos Sales||Current Trends|
|Average Selling Price||$448,278|
|Lowest Selling Price||$150,000|
|Highest Selling Price||$1,250,000|
|Avg Days on Market||42|
|List to Sell Ratio (100% Equals Full Price Offers)||99.00%|
|Average Price Per Square Foot:||$501.00|
|Closed Sales Year to Date (2020)||243|
|Inventory Available in Months||3.40|
|All Downtown Condos for Sale|
|Long Beach Condos for Sale|
|Long Beach Townhomes for Sale|
6 Tips for Buying Downtown Long Beach Condos
When you view the current listings of downtown condos in Long Beach below on the map search above, pay attention to the details of each listing.
Look at the property details of each condo. The HOA (home owner’s association) fee per month covers all amenities in the community. There are several special property types to review as well.
- Special Conditions: Standard Sale, Short Sale, or REO.
- Standard Sale – equity owner who owns the property.
- Short Sale: This means the seller is trying to sell it for less than what is owed on the property. This process can take 3 to 6 months for the seller’s bank to make a decision. Read our blog post about short sales to learn more about it.
- REO / Bank Owned Foreclosures – REO means real estate owned property. The bank has already foreclosed on the property and is re-marketing it for sale
- What are the Amenities per building? Look at the features of each listing for the amenities of the building.
- What are your 5 must-haves in a condo and 5 can’t stand? Write them down now to save you time or fill out this questionnaire.
What Does the Downtown Long Beach Area Have to Offer You?
Whether you work in the downtown area or commute to Los Angeles or Orange County, Long Beach is the place to be.
Downtown Long Beach CA condos is a vibrant and exciting place to live the urban lifestyle. Many of the old buildings are being redeveloped into a high-rise and low-rise condos. Downtown Long Beach CA condos for sale in the zip code of 90802.
How to Avoid Paying Too Much for Downtown Long Beach CA Condos
Of course, you don’t want to overpay for a condo or a home. So what do you do?
Look at Zillow or Redfin for pricing? NO.
Real estate agents and appraisers don’t go to advertising portals like Zillow, Trulia, or Realtor.com for pricing.
We rely on our local multiple listing service (MLS) and public records to determine market values just like appraisers do for banks to loan money.
When YOU fall in LOVE with a townhouse or condo or even a house, if I am your agent, then I will develop a market analysis of the TRUE value.
You will see what previous home buyers bought condos at and is the market up or down. I really like one chart that I pull.
It is called the Percentage of the Listed Price. It will show you if properties are selling at 100% of the listed price which is a full price or above or below.
Then you know if the condos are selling for 98% of the listed value, you can offer at 97% and see if the seller will take it. If I find out from the listing agent that he/she has multiple offers, then you would need to offer at full price or above to get it.
Also, I will ask the listing agent in that situation what is the highest offer. They are under no obligation to tell me. They are under contract with the seller to not share pricing. If they tell me, I will tell you. I want you to get a good buy and be happy with it.
This is a list of the most popular downtown condos with quick links to pages on our website for more information about each one. The real estate search below shows you all of the properties for sale in 90802 zip code of Long Beach, California.