Deric Rangell

Downey, CA 90242

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Downey, CA 90242

Tue Feb 19 2019
This week the median list price for Downey, CA 90242 is $579,900 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has held steady at or around 33. Click here to stay informed with the Downey 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Downey, CA 90242

Tue Feb 19 2019
This week the median list price for Downey, CA 90242 is $579,900 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has held steady at or around 33. Click here to stay informed with the Downey 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Downey market.
Median List Price $579,900
Per Square Foot $450
Days on Market 81
Price Decreased 36%
Price Increased 3%
Relisted 9%
Inventory 33
Median House Rent $2,555
Most Expensive $1,200,000
Least Expensive $398,000
Market Action Index
Slight Seller's Advantage
41

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
$727,000 2,056 6,500 - 8,000 sqft 4 2 65 0 2 110
$592,000 1,310 6,500 - 8,000 sqft 3 1 68 2 1 100
$537,250 1,275 4,500 - 6,500 sqft 3 1 68 0 1 63
$479,000 900 0 - 4,500 sqft 2 0 69 3 2 55