Deric Rangell

Los Angeles, CA 90043

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90043

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90043 is $750,000 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 63. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Los Angeles, CA 90043

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90043 is $750,000 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 63. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $750,000
Per Square Foot $428
Days on Market 77
Price Decreased 33%
Price Increased 2%
Relisted 8%
Inventory 63
Median House Rent $2,225
Most Expensive $1,739,000
Least Expensive $420,000
Market Action Index
Strong Seller's Market
51

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,299,000 3,169 6,500 - 8,000 sqft 3 2 67 2 2 110
$897,000 2,083 6,500 - 8,000 sqft 3 1 83 4 2 60
$642,500 1,464 6,500 - 8,000 sqft 3 1 96 5 1 108
$542,000 1,260 4,500 - 6,500 sqft 3 1 95 4 2 31