Deric Rangell

Los Angeles, CA 90037

Single-Family Homes

Sentinel Realty Partners | Broker-Owner



Los Angeles, CA 90037

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90037 is $547,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has held steady at or around 18. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Angeles, CA 90037

Sat Aug 17 2019
This week the median list price for Los Angeles, CA 90037 is $547,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has held steady at or around 18. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $547,000
Per Square Foot $380
Days on Market 87
Price Decreased 11%
Price Increased 11%
Relisted 11%
Inventory 18
Median House Rent $3,300
Most Expensive $799,000
Least Expensive $349,000
Market Action Index
Slight Seller's Advantage
37

Prices in this zip code seem to have settled around a 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
$722,500 1,969 4,500 - 6,500 sqft 3 2 110 0 1 63
$594,949 1,430 4,500 - 6,500 sqft 3 1 108 0 0 141
$500,000 1,280 4,500 - 6,500 sqft 3 2 110 0 1 123
$400,000 1,288 4,500 - 6,500 sqft 2 1 107 1 1 29