Pango Group

Los Angeles, CA 90094

Single-Family Homes

www.pangogroup.com



Los Angeles, CA 90094

Wed Mar 20 2019
This week the median list price for Los Angeles, CA 90094 is $3,102,500 with the market action index hovering around 25. This is less than last month's market action index of 28. Inventory has held steady at or around 8. 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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Los Angeles, CA 90094

Wed Mar 20 2019
This week the median list price for Los Angeles, CA 90094 is $3,102,500 with the market action index hovering around 25. This is less than last month's market action index of 28. Inventory has held steady at or around 8. 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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $3,102,500
Per Square Foot $852
Days on Market 133
Price Decreased 38%
Price Increased 0%
Relisted 13%
Inventory 8
Median House Rent
Most Expensive $4,119,000
Least Expensive $1,475,000
Market Action Index
Slight Buyer's Advantage
25

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$4,039,000 4,391 0 - 4,500 sqft 4 5 NaN 0 0 143
$3,209,000 3,633 0 - 4,500 sqft 4 4 2 0 0 38
$2,842,500 3,408 0 - 4,500 sqft 3 4 4 0 0 231
$1,935,000 2,917 1 - 2.5 acres 3 3 14 0 0 119