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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 – 103 listings are on the market today in 90045 (↓10 from last our last report)

51 (↓1) of those listings are in escrow and 34 (↑4) of those listings in escrow will take back-up offers (52 are “active”) (↓11)

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, 2 pending)

20 properties (↑3) are available for residential lease in 90045, ranging in price from $1750 to $5900

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

8556-emerson-westchester-900458556 S. Emerson Ave $1,150,368
6564 85th Place $1,275,000
6566 85th Place $1,310,050
6579 W. Manchester $1,180,176
6583 W. Manchester $1,174,656 + others

These listings belong the AB1818 project at Emerson/Manchester and they’ve been on the market for months. Technically single family units, this project looks and feels like condos and the units are languishing on the market at their SFR pricing. Who wants to crunch some numbers with me to look at buying at condo prices to lease? These units have the look and feel to appeal to the Silicon Beach crowd and could fetch as much as $5k-$6k/mo. Drop me a note to tour.

8836 Croydon Ave $949K

8836 croydon westchester ca 90045 real estate for saleLook what is still sitting on the market now at 143 days and two months on its second price drop? This property is a rental with an out of area owner who brought her out of area realtor to list it for sale. The property was grossly overpriced. 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 (at least not if you’re serious about selling).

Recent Sales In 90045

334 homes have sold in the last year in 90045. 26 of those closed in the last 30 days (8 condos/18 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. Please also note that the numbers
below, as well as the trend lines, are on a 12-mo.
rolling average. Actual numbers may vary slightly.
Contact me with questions.

Median Sales Price – October

All Homes (inc’g condos)

$992,000
(969,825)

All Single Family Residences (SFR)

$1,051,000
(1,035,000)

2 Bedroom Homes (SFR)

$830,000
(790,000)

3 Bedroom Homes (SFR)

$1,005,000
(981,000)

4+ Bedroom Homes (SFR)

$1,367,000
(1,363,500)

Median Sales Price/Ft – October

All Homes (inc’g condos)

$607/sq ft
(605/sq ft)

All Single Family Residences (SFR)

$634/sq ft
(632/sq ft)

2 Bedroom Homes (SFR)

$679/sq ft
(673/sq ft)

3 Bedroom Homes (SFR)

$670/sq ft
(667/sq ft)

4+ Bedroom Homes (SFR)

$561/sq ft
(557/sq ft)

Median Days On Market – October

All Homes (inc’g condos)

33
(33)

All Single Family Residences (SFR)

35
(34)

2 Bedroom Homes (SFR)

30
(30)

3 Bedroom Homes (SFR)

29
(29)

4+ Bedroom Homes (SFR)

50
(52)

90045 Trendlines

90045 Median Sales Price (last 3 years, single family)

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

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

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

90045 Median Days On Market (last 3 years, single family)

90045 median DOM 09 03 16 90045 Real Estate News

90045 Inventory Months Supply (last 3 years, single family)

Inventory Months Supply 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