Deric Rangell

Los Angeles, CA 90043

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90043

Tue Feb 19 2019
This week the median list price for Los Angeles, CA 90043 is $715,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 57. 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 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

Tue Feb 19 2019
This week the median list price for Los Angeles, CA 90043 is $715,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 57. 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 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 $715,000
Per Square Foot $450
Days on Market 100
Price Decreased 42%
Price Increased 9%
Relisted 19%
Inventory 57
Median House Rent $3,700
Most Expensive $1,780,000
Least Expensive $349,500
Market Action Index
Slight Seller's Advantage
44

Prices in this zip code seem to have settled around a 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
$1,199,500 2,914 6,500 - 8,000 sqft 3 2 78 0 0 120
$794,444 1,758 4,500 - 6,500 sqft 3 1 90 3 1 90
$639,450 1,507 4,500 - 6,500 sqft 3 1 96 1 1 129
$499,999 1,100 4,500 - 6,500 sqft 3 0 95 2 1 65