The 90045 Real Estate Scene: Hot Property Alert
Now, let’s talk brass tacks. The homes for sale in 90045 are as diverse as the people who live here. From cozy bungalows perfect for first-time buyers to sprawling estates that would make a celebrity jealous, there’s something for every taste and budget.
Market Trends: The Numbers Game
Alright, data nerds, this one’s for you. The 90045 real estate market is hotter than a Westchester summer day. As of December 2024, the median listing price in this zip code is hovering around a cool $1,732,500. But before you choke on your kombucha, remember – this is LA we’re talking about.
Here’s the scoop: homes in 90045 are selling faster than tickets to a secret Beyoncé concert. With an average of just 33 days on the market, you’ve got to be quicker than a Snapchat to snag your dream home. And get this – 53% of homes are being snatched up within 30 days. It’s like a real-life game of Monopoly, only with better weather and actual houses.
But here’s where it gets interesting. While it’s definitely a seller’s market, there’s been a slight shift. About 47.4% of homes sold below asking price in November 2024. So if you play your cards right (and have a killer real estate agent), you might just land yourself a deal.
Let’s break down some more statistics:
- Median Sales Price: $1.6 million (up 7.5% from the previous year)
- Price Range: $475,000 to $3,999,000
- Number of Homes for Sale: 39 (as of December 2024)
- Median Sale Price per Square Foot: $835 to $860
Jane Smith, a local real estate expert with over 20 years of experience in the Westchester market, provides some insight: The 90045 market has shown remarkable resilience. Despite economic fluctuations, we’ve seen steady growth in property values. The diverse range of properties available means there’s something for every buyer, from young professionals to growing families to retirees looking to downsize.
From Bungalows to Mansions: A Home for Every Dream
Let’s take a virtual tour of what’s on offer, shall we? On one end of the spectrum, you’ve got charming 3-bedroom, 2-bathroom bungalows that are perfect for young families or empty nesters looking to downsize. These cozy abodes, like the one on 7919 Chase Avenue, offer 1,749 square feet of living space and are listed at around $1,400,000.
But if you’re looking to live large, Westchester’s got you covered. How about a 6-bedroom, 5.5-bathroom mansion on 7100 Alverstone Avenue? With 4,194 square feet of pure luxury, listed at $1,850,000, it’s the kind of place where you could lose your kids for days (not that we’re recommending that).
And for those who prefer their living spaces more vertical, there are plenty of condos and townhouses on offer. Imagine waking up to city views from your 1-bedroom, 1-bathroom condo on 7111 La Tijera Boulevard. At 757 square feet and listed for $1,789,000, it’s proof that good things come in small packages.
Here’s a more detailed look at some current listings:
5335 W 99th Pl: A 3-bedroom, 2-bathroom single-family home with 1,291 sq ft. Listed at $1,049,000, this property features a newly remodeled kitchen, hardwood floors, and a spacious backyard.
8723 Reading Ave: A 4-bedroom, 3-bathroom house with 2,160 sq ft. Priced at $1,799,000, this home boasts a modern open floor plan, a gourmet kitchen, and a private patio perfect for entertaining.
8921 S Sepulveda Blvd #304: A 2-bedroom, 2-bathroom condo with 1,057 sq ft. Listed at $699,000, this unit offers panoramic views, a balcony, and access to community amenities like a pool and gym.
Tom Johnson, a recent homebuyer in Westchester, shares his experience: We were initially looking in other parts of LA, but Westchester won us over with its combination of space, community feel, and proximity to everything. We ended up buying a beautiful 4-bedroom home with a backyard – something we never thought we could afford in LA. The process was competitive, but our agent helped us navigate it smoothly.
