Deric Rangell

Downey, CA 90242

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Downey, CA 90242

Tue Oct 15 2019
This week the median list price for Downey, CA 90242 is $639,900 with the market action index hovering around 74. This is an increase over last month's market action index of 66. Inventory has held steady at or around 11. Click here to stay informed with the Downey market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

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.

Downey, CA 90242

Tue Oct 15 2019
This week the median list price for Downey, CA 90242 is $639,900 with the market action index hovering around 74. This is an increase over last month's market action index of 66. Inventory has held steady at or around 11. Click here to stay informed with the Downey market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

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 Downey market.
Median List Price $639,900
Per Square Foot $365
Days on Market 67
Price Decreased 18%
Price Increased 0%
Relisted 0%
Inventory 11
Median House Rent $2,600
Most Expensive $1,100,000
Least Expensive $549,999
Market Action Index
Strong Seller's Market
74

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$899,500 4,090 6,500 - 8,000 sqft 6 5 30 0 1 94
$695,000 1,904 6,500 - 8,000 sqft 4 1 70 1 0 16
$635,000 1,665 4,500 - 6,500 sqft 3 1 66 1 1 81
$549,999 1,144 4,500 - 6,500 sqft 3 1 65 0 2 84