Deric Rangell

Los Angeles, CA 90039

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90039

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90039 is $1,162,500 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 40. Click here to stay informed with the Los Angeles market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Los Angeles, CA 90039

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90039 is $1,162,500 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 40. Click here to stay informed with the Los Angeles market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,162,500
Per Square Foot $784
Days on Market 71
Price Decreased 40%
Price Increased 3%
Relisted 23%
Inventory 40
Median House Rent $6,250
Most Expensive $3,695,000
Least Expensive $649,000
Market Action Index
Strong Seller's Market
48

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,849,500 2,210 6,500 - 8,000 sqft 3 2 82 2 2 85
$1,199,000 1,682 0 - 4,500 sqft 3 1 51 2 2 80
$1,104,500 1,427 4,500 - 6,500 sqft 3 1 90 3 0 42
$937,000 1,109 4,500 - 6,500 sqft 2 1 95 3 1 76