Deric Rangell

Los Angeles, CA 90019

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90019

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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Los Angeles, CA 90019

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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,224,450
Per Square Foot $572
Days on Market 106
Price Decreased 32%
Price Increased 10%
Relisted 19%
Inventory 62
Median House Rent $4,250
Most Expensive $3,599,000
Least Expensive $700,000
Market Action Index
Slight Seller's Advantage
36

In the last few weeks we’ve seen prices in this zip code bouncing around this 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
$1,700,000 3,293 8,000 - 10,000 sqft 5 4 103 2 2 104
$1,399,000 2,652 6,500 - 8,000 sqft 4 3 98 0 0 127
$1,099,000 1,553 4,500 - 6,500 sqft 3 2 94 4 2 67
$909,500 1,457 4,500 - 6,500 sqft 3 2 94 0 2 125