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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 – 99 listings are on the market today in 90045 (↓8 from last our last report)

52 (↓3) of those listings are in escrow and 30 (↓1) of those listings in escrow will take back-up offers (47 are “active”) (↓5)

westchester real estate, 90045 home valuation, westchester real estate expert Tracy Thrower ConyersThere are 6 residential income properties for sale today in 90045 (↓0) (2 back-up, 0 pending)

13 properties (↓2) are available for residential lease in 90045, ranging in price from $1995 to $5395

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

7551-shore-cliff-drive7551 Shore Cliff Drive $1,850,000

I think I’ve written about this property before. It is a distressed property with a tortured past – off and on the market over the course of the last three years and up for trustee’s sale almost half a dozen times. The property was listed for $1.5M until recently. The house is huge at 4,281 feet with four bedrooms. At $1.5M, this property makes sense, even if it needs work. At the current list price, the condition of the property will matter. Drop me a note to tour and we’ll see if we find some common ground with the new listing agent. 😉

8337 Chase Ave $1,159,000

8337-chase westchester 90045This cutie in South Kentwood has four of my favorite attributes when I want to negotiate a screaming deal – corporate owned, has fallen out of escrow, has a lengthy time on market and a recent price drop. With four bedrooms in 1800′ on a 6200′ lot (round numbers), this house is probably priced-well at $1.159M, but the corporate seller might just be ready to wash its hands and walk. Who wants to have a look? Drop me a note to tour.

Recent Sales In 90045

335 homes have sold in the last year in 90045. 22 of those closed in the last 30 days (same as last week) (5 condos/17 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