Deric Rangell

Los Angeles, CA 90018

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90018

Mon Apr 22 2019
This week the median list price for Los Angeles, CA 90018 is $889,950 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has held steady at or around 24. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Los Angeles, CA 90018

Mon Apr 22 2019
This week the median list price for Los Angeles, CA 90018 is $889,950 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has held steady at or around 24. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $889,950
Per Square Foot $519
Days on Market 84
Price Decreased 29%
Price Increased 4%
Relisted 13%
Inventory 24
Median House Rent $3,475
Most Expensive $2,099,000
Least Expensive $570,000
Market Action Index
Strong Seller's Market
51

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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 2,131 6,500 - 8,000 sqft 5 2 101 0 1 72
$1,062,000 2,134 6,500 - 8,000 sqft 4 1 100 0 0 122
$749,250 1,563 4,500 - 6,500 sqft 3 1 110 0 2 84
$615,000 1,250 4,500 - 6,500 sqft 3 1 102 1 2 58