Deric Rangell

Los Angeles, CA 90018

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90018

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90018 is $799,994 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 36. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Angeles, CA 90018

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90018 is $799,994 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 36. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $799,994
Per Square Foot $518
Days on Market 85
Price Decreased 42%
Price Increased 3%
Relisted 3%
Inventory 36
Median House Rent $3,600
Most Expensive $2,495,000
Least Expensive $399,000
Market Action Index
Slight Seller's Advantage
40

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
$1,075,000 2,308 6,500 - 8,000 sqft 6 2 111 2 0 103
$925,000 1,788 4,500 - 6,500 sqft 4 1 103 1 1 143
$765,000 1,480 4,500 - 6,500 sqft 4 0 109 2 0 67
$599,900 1,066 0 - 4,500 sqft 2 0 97 2 1 28