Deric Rangell

Los Angeles, CA 90022

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90022

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90022 is $489,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 21. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Los Angeles, CA 90022

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90022 is $489,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 21. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $489,000
Per Square Foot $448
Days on Market 68
Price Decreased 43%
Price Increased 0%
Relisted 10%
Inventory 21
Median House Rent
Most Expensive $604,888
Least Expensive $389,000
Market Action Index
Slight Seller's Advantage
40

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
$533,000 1,423 4,500 - 6,500 sqft 3 2 NaN 1 1 89
$499,000 1,082 4,500 - 6,500 sqft 3 1 NaN 0 0 63
$469,900 1,068 4,500 - 6,500 sqft 3 1 NaN 0 0 67
$444,444 892 0 - 4,500 sqft 2 1 NaN 2 1 56