Deric Rangell

Los Angeles, CA 90043

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90043

Mon Apr 22 2019
This week the median list price for Los Angeles, CA 90043 is $777,000 with the market action index hovering around 50. This is an increase over last month's market action index of 45. Inventory has held steady at or around 52. 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 has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Los Angeles, CA 90043

Mon Apr 22 2019
This week the median list price for Los Angeles, CA 90043 is $777,000 with the market action index hovering around 50. This is an increase over last month's market action index of 45. Inventory has held steady at or around 52. 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 has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $777,000
Per Square Foot $458
Days on Market 80
Price Decreased 23%
Price Increased 8%
Relisted 4%
Inventory 52
Median House Rent $3,250
Most Expensive $1,699,999
Least Expensive $350,000
Market Action Index
Strong Seller's Market
50

Though in this zip code this week saw relatively little price change from last week, the market seems to be show some signs of strength. Keep an eye on the Market Action Index to see if this short-term trend can establish itself over the coming months.

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 2,992 6,500 - 8,000 sqft 4 2 72 0 2 107
$899,000 1,708 4,500 - 6,500 sqft 3 1 79 0 1 71
$649,000 1,448 6,500 - 8,000 sqft 3 1 96 4 4 78
$479,000 1,088 4,500 - 6,500 sqft 3 0 95 4 3 64