Deric Rangell

Los Angeles, CA 90019

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90019

Wed Jul 17 2019
This week the median list price for Los Angeles, CA 90019 is $1,150,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 71. 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 off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Los Angeles, CA 90019

Wed Jul 17 2019
This week the median list price for Los Angeles, CA 90019 is $1,150,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 71. 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 off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,150,000
Per Square Foot $580
Days on Market 99
Price Decreased 31%
Price Increased 6%
Relisted 20%
Inventory 71
Median House Rent $4,495
Most Expensive $2,295,000
Least Expensive $699,000
Market Action Index
Slight Seller's Advantage
35

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,725,000 3,229 8,000 - 10,000 sqft 4 4 NaN 2 0 104
$1,299,500 2,393 4,500 - 6,500 sqft 4 3 NaN 3 1 98
$1,037,000 1,791 4,500 - 6,500 sqft 3 2 NaN 0 1 78
$799,000 1,278 0 - 4,500 sqft 3 2 NaN 0 1 118