Pango Group

Inglewood, CA

Single-Family Homes

www.pangogroup.com



Inglewood, CA

Fri May 24 2019
This week the median list price for Inglewood, CA is $644,500 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has held steady at or around 38. Click here to stay informed with the Inglewood 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

Strong Seller's Market

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.

Inglewood, CA

Fri May 24 2019
This week the median list price for Inglewood, CA is $644,500 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has held steady at or around 38. Click here to stay informed with the Inglewood 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

Strong Seller's Market

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 Inglewood market.
Median List Price $644,500
Per Square Foot $486
Days on Market 50
Price Decreased 13%
Price Increased 5%
Relisted 8%
Inventory 38
Median House Rent $3,250
Most Expensive $1,100,000
Least Expensive $469,900
Market Action Index
Strong Seller's Market
53

The market appears to be hovering around this plateau. Look for a persistent change 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
$799,000 1,546 4,500 - 6,500 sqft 3 1 80 1 1 66
$699,000 1,636 4,500 - 6,500 sqft 3 1 77 3 1 71
$614,500 1,371 4,500 - 6,500 sqft 3 1 75 5 3 38
$522,000 952 4,500 - 6,500 sqft 2 0 93 4 2 30