Pango Group

Los Angeles, CA 90094

Single-Family Homes

www.pangogroup.com



Los Angeles, CA 90094

Sun Aug 18 2019
This week the median list price for Los Angeles, CA 90094 is $2,500,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 13. 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 Seller's Advantage

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Los Angeles, CA 90094

Sun Aug 18 2019
This week the median list price for Los Angeles, CA 90094 is $2,500,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 13. 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 Seller's Advantage

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $2,500,000
Per Square Foot $865
Days on Market 98
Price Decreased 62%
Price Increased 0%
Relisted 31%
Inventory 13
Median House Rent $8,500
Most Expensive $4,119,000
Least Expensive $1,650,000
Market Action Index
Slight Seller's Advantage
30

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,525,000 3,627 0 - 4,500 sqft 4 4 2 0 0 142
$3,085,000 3,666 0 - 4,500 sqft 4 4 2 1 0 128
$2,350,000 2,624 0 - 4,500 sqft 3 3 0 0 0 77
$1,870,000 2,424 1 - 2.5 acres 3 3 8 1 0 57