Westchester, CA. 90045 Single Family Market Trends...

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
http://activerain.com/droplet/4YqZ

 

The inventory of For Sale homes has been increasing since the last time I have written a Westchester Real Estate Market Trends report.

 

If we compare the past three years this is a 17% increase and this of course allows buyers to have better choices in selecting their new home. At the same time it puts sellers on notice that proper pricing will be critical in selling their homes.

 

The number of Sold homes has increased significantly if we do a month to month comparision, still a sign of a strong market in Westchester, CA 90045. There are many reasons for it one of them is that this zip code is close to the beaches as well as Beverly Hills, CA and Century City as well.

 

 

IF you look at the average days on market (DOM) compared to last year and this year you could potentially be alarmed as to being a slow market. Now let's be realistic for a home to sell  in an verage of 33 days is not so bad.

 

Now if you would like a free Market evaluation of your home please reach out to me directly!

 

 

If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at  http://www.endrebarath.com.  I am a Pet Friendly Realtor and I contribute a portion of my commission to local animal rescue organizations.

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Rainmaker
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Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Endre --- while there have been some increases in inventory levels in certain areas, it seems the prediction in 2017 is for some steady growth especially in desirable communities like Westchester.  You have provided a nice overview which hopefully brings forth some prospective buyers and sellers.  

Dec 31, 2016 09:37 AM #1
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Endre - Excellent market report for Westchester. There's a lot going on there and anyone looking to buy or sell would find your expertise extremely useful.

Dec 31, 2016 12:56 PM #2
Rainer
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Noel Mayer
FAIRMOUNT REALTORS - Montclair, NJ
YOU'RE RIGHT AT HOME WITH NOEL

 Excellent presentation on the market trends in Westchester CA

Dec 31, 2016 03:05 PM #3
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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