Deric Rangell

Los Angeles, CA 90043

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90043

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90043 is $770,000 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 49. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Los Angeles, CA 90043

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90043 is $770,000 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 49. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $770,000
Per Square Foot $455
Days on Market 75
Price Decreased 33%
Price Increased 4%
Relisted 8%
Inventory 49
Median House Rent $2,641
Most Expensive $2,100,000
Least Expensive $419,000
Market Action Index
Strong Seller's Market
54

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,274,500 2,544 6,500 - 8,000 sqft 4 2 81 3 1 99
$839,250 1,659 6,500 - 8,000 sqft 3 1 80 4 3 46
$687,000 1,507 4,500 - 6,500 sqft 3 1 95 3 3 66
$525,000 1,301 4,500 - 6,500 sqft 3 1 94 3 7 88