Westchester Real Estate Market - View Westchester Real Estate Market Trends in California

Spring 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Westchester. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 310-968-5387
Average Home Price	$625,000 - View Graph Trend

Average Price Compared to Last Year	Down 0-5%

Average Time on Market	30-60 days

Best Selling Price Range	$600,000 - $649,000

Worst Selling Price Range	$1,000,000+

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	No Change

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Westchester is	Increasing

Seller Activity for the past 90 days in Westchester is?	No Change

Multiple Offers?	Yes

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	5-10%

Is Financing Available For Qualified Buyers?	Yes

Housing Inventory	Good supply - Some Prices

Inventory Comments	Great time to buy in Westchester as the home values have dropped to affordable levels not seen since 2003.

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Lower prices with good selection and competitive interest rates creates a perfect time to buy in Westchester!

Nearest Metro Area	Los Angeles

Housing Hot Spots	Most cities in the South Bay or the Westside of Los Angeles are considered ’Housing Hotspots’

Average Sold Price	$625,000 - View Graph Trend

Westchester Local News

News for Westchester, CA - November 9th, 2011 3:49pm
Todd Frelinger has a new listing in Playa Del Rey. Incredible opportunity with loads of upside potential. Best buy in Playa Del Rey and walk to the beach. This just hit the market today, so if you want more information please call Todd at (310) 968-5387

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Todd Frelinger

310-968-5387

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Blog Archives

Mortgage Rates

– May 28th, 2012 –
---------------------------------

30 yr. fixed rate: 3.82%
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%

Home Values

Street

Zip Code

Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

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Westchester Real Estate Market Trends – California

Westchester Real Estate Market Conditions and Trends