Deric Rangell

Los Angeles, CA 90022

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90022

Tue Feb 19 2019
This week the median list price for Los Angeles, CA 90022 is $488,000 with the market action index hovering around 37. This is an increase over last month's market action index of 33. Inventory has held steady at or around 24. 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

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.

Los Angeles, CA 90022

Tue Feb 19 2019
This week the median list price for Los Angeles, CA 90022 is $488,000 with the market action index hovering around 37. This is an increase over last month's market action index of 33. Inventory has held steady at or around 24. 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

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 Los Angeles market.
Median List Price $488,000
Per Square Foot $404
Days on Market 57
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 24
Median House Rent
Most Expensive $649,500
Least Expensive $350,000
Market Action Index
Slight Seller's Advantage
37

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
$588,995 1,676 4,500 - 6,500 sqft 4 2 79 1 0 37
$512,500 1,275 4,500 - 6,500 sqft 2 1 78 1 0 59
$462,500 943 4,500 - 6,500 sqft 2 1 78 0 1 59
$396,944 851 4,500 - 6,500 sqft 2 1 86 1 1 72