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 – 24 listings are on the market today in 90045

31 listings are in escrow and 14 of those listings in escrow will take back-up offers

90045 Real Estate News, westchester real estate, 90045 home valuation, westchester real estate expert Tracy Thrower ConyersThere are 2 active residential income properties for sale today in 90045, with 1 pending

13 properties (↑0) are available for residential lease in 90045, ranging in price from $2399 to $7498

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 Drive $1,995,000

I’ve written about this property before. Sadly, it’s been in a state of financial distress on and off since 2009, and on and off the market for the last 9 months. There is currently a Notice of Default filed. With that history, it’s hard to know how much deferred maintenance there is on the property, but the house is only 11 years old. The list price has been a moving target, both up and down, but the current price is still below median values in the neighborhood, as you can see from the trend graphs here. The situation looks messy, but who wants to wade in to investigate a possible opportunity? Drop me a note to tour.

8716 Ramsgate Ave $1,150,000

This property is a 4-plex in the Westchester/ Inglewood border area. From the photos, it appears to be clean and well-maintained with four 2 bed/1 bath units + garages. One unit will be delivered empty and can be used by YOU or rented at fair market rates. This property is less than half a mile from the future Hindry light rail station which will connect with points all over the county, including the South Bay, DTLA and Pasadena for commuting purposes. This property’s location is also ideal for workers connected with the Inglewood Stadium. This property is 221 days on the market and due for a price adjustment. I also happen to know that the seller has substantial equity in the property. 😉 Drop me a note to tour.

Recent Sales In 90045

349 homes have sold in the last year in 90045. 22 of those closed in the last 30 days (3 condos/19 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 – January

All Homes (inc’g condos)

$995,750
(995,750)

All Single Family Residences (SFR)

$1,050,500
(1,071,000)

2 Bedroom Homes (SFR)

$830,000
(833,000)

3 Bedroom Homes (SFR)

$986,000
(992,500)

4+ Bedroom Homes (SFR)

$1,400,000
(1,400,000)

Median Sales Price/Ft – January

All Homes (inc’g condos)

$614/sq ft
(614/sq ft)

All Single Family Residences (SFR)

$647/sq ft
(650/sq ft)

2 Bedroom Homes (SFR)

$705/sq ft
(708/sq ft)

3 Bedroom Homes (SFR)

$670/sq ft
(676/sq ft)

4+ Bedroom Homes (SFR)

$573/sq ft
(573/sq ft)

Median Days On Market – January

All Homes (inc’g condos)

33
(33)

All Single Family Residences (SFR)

33
(35)

2 Bedroom Homes (SFR)

14
(14)

3 Bedroom Homes (SFR)

31
(30)

4+ Bedroom Homes (SFR)

54
(54)

90045 Trendlines

90045 Median Sales Price (last 3 years, single family)
90045 Median Sales Price/Sq. Ft. (last 3 years, single family)
90045 Median Days On Market (last 3 years, single family)
90045 Inventory Months Supply (last 3 years, single family)

90045 Real Estate NewsWestchester 90045 Real Estate Trends by Neighborhood

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