How much does the average home in Downey, CA 90241 cost?

By
Real Estate Broker/Owner with Independent Real Estate Broker DRE#00972295

How much does the average home in Downey, CA 90241cost?  I want to buy a home in this area but I have no idea how much a home cost.  I would like to buy a 3-bedroom, 2 bath home with no more than 1700 square feet that has an average size lot but no more than 6000 sq. ft.  I don’t want a fancy house but not too simple and rundown either.  I just want an average home in the Downey, CA 90241 area.

 

Answer:  I understand why you are asking the question and I will answer it in a bit but before you start looking at homes, you need to know how much of a loan you can qualify for and what your payments will be.  Once you know how much it will cost you monthly to own a home then you can look for homes that fit your price range and have the features you are looking for.

 

 

To answer your question: The average home that has sold in the past three months in Downy, CA (Downey) in the zip code 90241 is $378, 672 and the current active listings can start as low as $300,000 to as high $ 469,000.  

 

 

 

Closed Sale - 11 Properties Found

 

Bedrooms

Baths

Square Feet

List Price

LP/SqFt

Sale Price

SP/SqFt

SP/LP

SP/OLP

DOM

Min

3

1

1524

$299,900

$191.14

$280,000

$180.37

90.00%

81.00%

6

Avg

3.0

2.25

1617

$378,672

$234.17

$369,536

$228.21

97.00%

93.00%

100

Max

3

4

1796

$539,000

$326.27

$500,000

$302.66

104.00%

104.00%

200

 

 

 

Active - 10 Properties Found

 

Bedrooms

Baths

Square Feet

List Price

LP/SqFt

Sale Price

SP/SqFt

SP/LP

SP/OLP

DOM

Min

3

1

1530

$300,000

$181.71

$0

$0.00

0.00%

0.00%

2

Avg

3.0

2.00

1726

$409,157

$237.98

$0

$0.00

0.00%

0.00%

97

Max

3

3

1859

$469,000

$279.34

$0

$0.00

0.00%

0.00%

273

 

 

 

Please keep in mind that this can change from day to day because it depends on the current inventory of active sales and sold homes in Downey, CA 90241.  There are areas in Downey that are lowered priced and areas that are much higher—going into the millions. The best thing to do is to call me and I can sit down with you to go over all the details of buying a home in Downey, CA and I can help you find a home or townhouse that fits your price range and fits your needs in the area you want.  I can also recommend other nearby areas where there are homes that fit your needs and are in your price range.  

 

 

Please feel free to call me at (562) 916-3237 or email me at: PintoRealty@yahoo.com or visit my other blogs or website (www.pintorealtyinc.com) to search for properties in the Downey area or anywhere in the Los Angeles county or Southern California area.

 

 

My websites and links

 

 

www.PintoRealtyInc.com/

 

www.ShortSaleDiva.org

 

www.ReoLicensedSpecialist.com

 

 

 

Blogs:

 


 

Blogger.com Short Sale Diva' s Blog: http://shortsaledivasblog.blogspot.com/

 

Face Book Short Sale Diva Fan Page: http://www.facebook.com/pages/Downey-CA/Short-Sale-Diva/362371813208

Active Rain Profile: http://activerain.com/blogs/aidapinto


 

Realtor.com profile: http://www.realtor.com/realestateagents/Aida-Pinto_Downey_Ca_181193_327294218:

 

Aida Pinto (562) 916-3237 is a broker who specializes in selling real estate in Downey, CA and the Long Beach-Los Angeles Metro and all surrounding areas (Los Angeles county) including cities of Bell, Bell Gardens, Cudahy, East Los Angeles, Huntington Park, Lakewood, Lynwood,  South Gate, Norwalk, Whittier, South Whittier, Santa Fe Springs, Artesia, Alhambra, Cerritos, La Mirada, any city within a 25 mile radius of Downey, CA 90241.





 

 

 

Posted by

Aida Pinto (562) 884-6196
Los Angeles County
Real Estate Broker



The Real Estate Maven : https://www.facebook.com/aRealEstateMaven?ref=hl

 

Short Sale, Probate and standard real estate expert.

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Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Aida is the "go to" person for this product in this area...bar none. Follow her instructions and you will end up in the promised land...

Jul 29, 2011 04:19 AM #1
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Bryan Robertson
Los Altos, CA

Excellent market perspective!  With stats like these, buyers only need to ask "when can we write an offer".

Jul 29, 2011 04:45 AM #2
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