Deric Rangell

Downey, CA 90242

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Downey, CA 90242

Sat Aug 17 2019
This week the median list price for Downey, CA 90242 is $589,000 with the market action index hovering around 64. This is an increase over last month's market action index of 58. Inventory has held steady at or around 17. 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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Downey, CA 90242

Sat Aug 17 2019
This week the median list price for Downey, CA 90242 is $589,000 with the market action index hovering around 64. This is an increase over last month's market action index of 58. Inventory has held steady at or around 17. 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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Downey market.
Median List Price $589,000
Per Square Foot $389
Days on Market 47
Price Decreased 29%
Price Increased 6%
Relisted 12%
Inventory 17
Median House Rent
Most Expensive $825,000
Least Expensive $450,000
Market Action Index
Strong Seller's Market
64

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
$767,475 2,237 4,500 - 6,500 sqft 3 2 51 1 1 35
$617,000 2,050 6,500 - 8,000 sqft 3 1 67 1 1 84
$569,500 1,228 4,500 - 6,500 sqft 3 1 68 0 2 47
$529,000 1,161 4,500 - 6,500 sqft 3 0 68 1 2 28