90045 Real Estate News This Week
Today on the market
90045 real estate news – 52 listings are active on the market today in 90045 (↑ from last our last report)
45 listings are in escrow (↑) and 22 of those listings in escrow will take back-up offers (↑)
There are 5 active residential income properties for sale today in 90045 (↑) , with 0 pending and 0 taking back-up.
11 properties (↓0) are available for residential lease in 90045, ranging in price from $2350 to $7995
90045 Real Estate News – Homes for sale by price
90045 Real Estate News – Homes for sale by bedroom count
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Tracy’s Favorite 90045 Listings This Week
I don’t even know where to start on why this house is languishing at 97 days on market. OK, we can definitely start with the price. The house started out in crazy territory at $1,250,000. It sat at that price through the holidays and then spent a month at a slightly lower price. The property was withdrawn from the market for 9 weeks and brought back recently at its current (still too high) price. In this era of Zillow, the phone camera photos are not doing this property any favors. With its tiny footprint and small lot, the price needs to come down further. I know what the owner paid for it. Who wants to take a run at convincing her to take less for the property? Drop me a note to tour.
If you thought 97 days on market in the current environment was a jaw dropper, brace yourself. This one is 219 days on market. Why? Oh let me count the ways. Out of area realtor overpriced dramatically, client/realtor only offered 2% to agents bringing buyers (not particularly incentivising for agents), more phone camera pictures and something I don’t think I’ve ever seen before – a four word description. Oh people, please do not trust the sale of your home to your third cousin from Murrieta, that is unless you like languishing on the market and being targeted in a blog post by a snarky realtor. 😉 Who wants to take a run at educating this out of town agent on the real value of this property? This property is in prime North Kentwood. Live in it yourself as is or double the square footage. It would make a good rental, too, if we can pick it up at the right price. Drop me a note to tour.
Recent Sales In 90045
342 homes have sold in the last year in 90045. 20 of those closed in the last 30 days (1 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 – April
|
| All Homes (inc’g condos) |
$1,037,000
(1,015,000)
|
| All Single Family Residences (SFR) |
$1,091,500
(1,079,500)
|
|
2 Bedroom Homes (SFR)
|
$881,000
(875,000)
|
| 3 Bedroom Homes (SFR) |
$1,040,500
(1,028,750)
|
| 4+ Bedroom Homes (SFR) |
$1,350,000
(1,375,000)
|
|
|
|
Median Sales Price/Ft – February
|
| All Homes (inc’g condos) |
$621/sq ft
(621/sq ft)
|
| All Single Family Residences (SFR) |
$641/sq ft
(641/sq ft)
|
| 2 Bedroom Homes (SFR) |
$710/sq ft
(708/sq ft)
|
| 3 Bedroom Homes (SFR) |
$674/sq ft
(674/sq ft)
|
| 4+ Bedroom Homes (SFR) |
$576/sq ft
(573/sq ft)
|
|
|
|
Median Days On Market – February
|
| All Homes (inc’g condos) |
33
(31)
|
| All Single Family Residences (SFR) |
35
(33)
|
| 2 Bedroom Homes (SFR) |
14
(14)
|
| 3 Bedroom Homes (SFR) |
30
(30)
|
| 4+ Bedroom Homes (SFR) |
49
(50)
|
|
|
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)
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