Deric Rangell

Los Angeles, CA 90037

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90037

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90037 is $499,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 22. 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 90037

Mon Jun 17 2019
This week the median list price for Los Angeles, CA 90037 is $499,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 22. 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 $499,000
Per Square Foot $393
Days on Market 67
Price Decreased 27%
Price Increased 0%
Relisted 9%
Inventory 22
Median House Rent $2,495
Most Expensive $759,000
Least Expensive $285,000
Market Action Index
Slight Seller's Advantage
41

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. 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
$620,000 1,674 4,500 - 6,500 sqft 4 2 NaN 0 0 46
$555,000 1,410 4,500 - 6,500 sqft 3 2 NaN 0 0 102
$444,450 1,348 0 - 4,500 sqft 3 2 NaN 1 0 66
$349,450 720 0 - 4,500 sqft 2 1 84 0 1 57