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The Scoop! This Week’s 90045 Real Estate News In Review

90045 Real Estate News This Week

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90045 real estate news – 111 listings are on the market today in 90045 (↓7 from last week)

52 (↑3) of those listings are in escrow and 29 (↓0) of those listings in escrow will take back-up offers (59 are “active”) (↓10)

westchester real estate, 90045 home valuation, westchester real estate expert Tracy Thrower ConyersThere are 8 residential income properties for sale today in 90045 (2 back-up, 0 pending)

16 properties (↑1) are available for residential lease in 90045, ranging in price from $2350 to $7500

90045 Real Estate News – Homes for sale by price

$500K to $1M $1M to $2M $2M+

90045 Real Estate News – Homes for sale by bedroom count

2 bedrooms 3 bedrooms 4 bedrooms 5+ bedrooms

Tracy’s Favorite 90045 Listings This Week

8329 Winsford Ave $755K

investment property for sale in westchester, ca 90045This one is killing me! It is a rare bank-owned property in Westchester. What happened to the poor family that lived here? There is no way that a Westchester property should be foreclosed on in our current environment. If you know any family that is in distress with their property, please ask them to contact me. A good realtor (particularly a hard-charging lawyer/realtor) can work with a bank to get more time to get a property sold. This family got zero with a foreclosure, when they likely had equity in the property. Having said this, the property is currently in escrow as an REO, but the bank (as owner) will take back-up offers. This 3/2 in the heart of Westport Heights will cashflow as a rental at this price OR make for a nice profit on a rehab. It’s too late to help the family who lost this home, but it’s not too late to turn this property into a nice moneymaker for you. Drop me a note to tour ASAP.

8836 Croydon Ave $949K

8836 croydon westchester ca 90045 real estate for saleThis property is a rental with an out of area owner who brought her out of area realtor to list it for sale. If you read this column regularly, you know where this story is going. The property is grossly overpriced and has been sitting on the market for over 100 days. That doesn’t happen in Westchester with correctly-priced properties. Reality might be sinking in, as the price has been dropped twice, most recently in mid-September. Who wants to see this property and help the seller understand the right price? 😉 Drop me a note to tour. And for crying out loud people, don’t list your Westchester property with an out of area agent.

Recent Sales In 90045

332 homes have sold in the last year in 90045. 35 of those closed in the last 30 days (4 condos/27 houses)

90045 Price & DOM Stats At A Glance

Please note that these stats are only available
from the MLS for the previous month. Please also
note that the number in parentheses is the previous
month’s numbers. Click the link for the full 3-yr
trend chart.

Median Sales Price – September

All Homes (inc’g condos)

$980,000
(1,085,000)

All Single Family Residences (SFR)

1,025,500
(1,121,250)

2 Bedroom Homes (SFR)

881,000
(1,020,000)

3 Bedroom Homes (SFR)

980,000
(1,080,000)

4+ Bedroom Homes (SFR)

1,440,000
(1,333,000)

Median Sales Price/Ft – September

All Homes (inc’g condos)

642/sq ft
(634/sq ft)

All Single Family Residences (SFR)

670/sq ft
(643/sq ft)

2 Bedroom Homes (SFR)

901 /sq ft
(670/sq ft)

3 Bedroom Homes (SFR)

752 /sq ft
(573/sq ft)

4+ Bedroom Homes (SFR)

591 /sq ft (634/sq ft)

Median Days On Market – September

All Homes (inc’g condos)

31
(27)

All Single Family Residences (SFR)

31
(26)

2 Bedroom Homes (SFR)

14
(26)

3 Bedroom Homes (SFR)

31
(47)

4+ Bedroom Homes (SFR)

43
(15)

90045 Trendlines

90045 Median Sales Price (last 3 years)

westchester ca real estate median sales price chart 90045 Real Estate News

90045 Median Sales Price/Sq. Ft. (last 3 years)

westchester real estate 90045 price per square foot trend chart 90045 Real Estate News

90045 Median Days On Market (last 3 years)

90045 median DOM 09 03 16 90045 Real Estate News

Order Custom GraphsWestchester 90045 Real Estate Trends by Neighborhood

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About Silicon Beach Properties

Silicon Beach Properties partners with Living90045.com to provide real estate content, information and advice for L9’s readers. Silicon Beach Properties is a boutique real estate group catering to tech types and others associated with LA's Silicon Beach and Tech LA. Silicon Beach Properties was founded by Tracy Thrower Conyers, a former lawyer/new media tech entrepreneur. Tracy and the team at Silicon Beach Properties are recognized experts on Silicon Beach and its impact on residential and residential income real estate, and have been featured by several respected media outlets, including the LA Times, KPCC and KCET. Silicon Beach Properties' primary focus and expertise includes buying and selling homes and residential income properties in Venice, Marina del Rey, Mar Vista, Playa Vista, Playa del Rey and Westchester. Silicon Beach Properties proudly partners with Keller Williams Silicon Beach. Connect online with Silicon Beach Properties: LinkedIn, Twitter, Facebook, Google Plus, Pinterest. CalBRE #01712960